2022
Flag  
GDP
$60.3MCURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP GROWTH
53.4%CURRENT US$
Rnk 54 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$5,335CURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP PC GROWTH
47.2%CURRENT US$
Rnk 40 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Tuvalu-Philippines Trade: In 2022, Tuvalu exported $3.2M to Philippines. The main products that Tuvalu exported to Philippines were Non-fillet Frozen Fish ($3.2M). Over the past 18 years the exports of Tuvalu to Philippines have increased at an annualized rate of 71.3%, from $198 in 2004 to $3.2M in 2022.

In 2022, Tuvalu did not export any services to Philippines.

Philippines-Tuvalu Trade: In 2022, Philippines exported $9.53k to Tuvalu. The main products that Philippines exported to Tuvalu were Prepared Cereals ($7.14k), Other Processed Vegetables ($1.27k), and Baked Goods ($1.12k). Over the past 18 years the exports of Philippines to Tuvalu have decreased at an annualized rate of 21.4%,  from $31.7k in 2004 to $9.53k in 2022.

In 2022, Philippines did not export any services to Tuvalu.

Comparison In 2022,  Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index. That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Tuvalu exported $3.2M to Philippines. The main products exported from Tuvalu to Philippines were Non-fillet Frozen Fish ($3.2M). During the last 18 years the exports of Tuvalu to Philippines have increased at an annualized rate of 71.3%, from $198 in 2004 to $3.2M in 2022.

In 2017, Philippines exported $9.53k to Tuvalu. The main products exported from Philippines to Tuvalu were Prepared Cereals ($7.14k), Other Processed Vegetables ($1.27k), and Baked Goods ($1.12k). During the last 5 years the exports of Philippines to Tuvalu have decreased at an annualized rate of 21.4%, from $31.7k in 2022 to $9.53k in 2017.

Exports from Tuvalu (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Tuvalu (Flag) (2022)

Latest Data

Trade between Tuvalu (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Tuvalu
Top Destination
Thailand$50M
Philippines
Top Destination
United States$15.5B

This map shows whether countries import more from Tuvalu or Philippines. Each country is colored based on the difference in imports they receive from Tuvalu and Philippines or the difference in the growth in imports.

In 2022, countries that imported more from Tuvalu than Philippines included Croatia ($15.1M).

In 2022, countries that imported more from Philippines than Tuvalu included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

Difference in imports from Philippines (Flag) and Tuvalu (Flag) (2022)

Comparative Advantage Tuvalu - Philippines

Flow
Scale

This chart compares trade between Tuvalu and Philippines by product, considering products traded by both, Tuvalu and Philippines.

During 2022, Tuvalu had a large net trade with Philippines in the exports of Animal Products ($3.2M).

During 2017, Philippines had a large net trade with Tuvalu in the exports of Foodstuffs ($9.53k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Tuvalu and Philippines. This means that a dot/product with the flag of Tuvalu indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Tuvalu.

Product Space of Tuvalu (Flag) and Philippines (Flag) (2022)

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