2022
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 GDP
$404BCURRENT US$
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2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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GDP PC
$3,499CURRENT US$
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2012-2022
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GDP PC GROWTH
30.9%CURRENT US$
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About

Chinese Taipei-Philippines In 2022, Chinese Taipei exported $7.53B to Philippines. The main products that Chinese Taipei exported to Philippines are Integrated Circuits ($3.77B), Refined Petroleum ($1.16B), and Semiconductor Devices ($148M). During the last 26 years the exports of Chinese Taipei to Philippines have increased at an annualized rate of 5.87%, from $1.71B in 1996 to $7.53B in 2022.

In 2022, Chinese Taipei did not export any services to Philippines.

Philippines-Chinese Taipei In 2022, Philippines exported $3.08B to Chinese Taipei. The main products that Philippines exported to Chinese Taipei were Integrated Circuits ($1.64B), Office Machine Parts ($257M), and Semiconductor Devices ($98.3M). During the last 26 years the exports of Philippines to Chinese Taipei have increased at an annualized rate of 6.1%, from $661M in 1996 to $3.08B in 2022.

In 2022, Philippines did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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, Chinese Taipei exported $7.53B to Philippines. The main products exported from Chinese Taipei to Philippines were Integrated Circuits ($3.77B), Refined Petroleum ($1.16B), and Semiconductor Devices ($148M). During the last 26 years the exports of Chinese Taipei to Philippines have increased at an annualized rate of 5.87%, from $1.71B in 1996 to $7.53B in 2022.

In 2022, Philippines exported $3.08B to Chinese Taipei. The main products exported from Philippines to Chinese Taipei were Integrated Circuits ($1.64B), Office Machine Parts ($257M), and Semiconductor Devices ($98.3M). During the last 26 years the exports of Philippines to Chinese Taipei have increased at an annualized rate of 6.1%, from $661M in 1996 to $3.08B in 2022.

Exports from Chinese Taipei (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from Chinese Taipei than Philippines were China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2021, countries that imported more from Philippines than Chinese Taipei were Switzerland ($4.1B), Brunei ($138M), and Curaçao ($38.3M).

Difference in imports from Philippines (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Philippines

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Philippines in the exports of Machines ($4.64B), Mineral Products ($1.2B), and Metals ($456M).

During 2022, Philippines had a large net trade with Chinese Taipei in the exports of Machines ($2.4B), Metals ($187M), and Instruments ($135M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Chinese Taipei has comparative advantage over Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Chinese Taipei.

Product Space of Chinese Taipei (Flag) and Philippines (Flag) (2022)

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