2023
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Ukraine-Philippines Trade: In 2023, Ukraine exported $18.4M to Philippines. The main products that Ukraine exported to Philippines were Wheat ($10.3M), Electric Heaters ($1.36M), and Concentrated Milk ($715k). Over the past 5 years the exports of Ukraine to Philippines have decreased at an annualized rate of 44.5%, from $348M in 2018 to $18.4M in 2023.

In 2023, Ukraine did not export any services to Philippines.

Philippines-Ukraine Trade: In 2023, Philippines exported $58.2M to Ukraine. The main products that Philippines exported to Ukraine were Integrated Circuits ($22.5M), Office Machine Parts ($11.4M), and Electrical Transformers ($4.82M). Over the past 5 years the exports of Philippines to Ukraine have decreased at an annualized rate of 0.9%,  from $60.9M in 2018 to $58.2M in 2023.

In 2023, Philippines did not export any services to Ukraine.

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ukraine exported $18.4M to Philippines. The main products exported from Ukraine to Philippines were Wheat ($10.3M), Electric Heaters ($1.36M), and Concentrated Milk ($715k). During the last 5 years the exports of Ukraine to Philippines have decreased at an annualized rate of 44.5%, from $348M in 2018 to $18.4M in 2023.

In 2018, Philippines exported $58.2M to Ukraine. The main products exported from Philippines to Ukraine were Integrated Circuits ($22.5M), Office Machine Parts ($11.4M), and Electrical Transformers ($4.82M). During the last 5 years the exports of Philippines to Ukraine have decreased at an annualized rate of 0.9%, from $60.9M in 2023 to $58.2M in 2018.

Exports from Ukraine (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to Ukraine (Flag) (2023)

Latest Data

Trade between Ukraine (Flag) and Philippines (Flag)

Ukraine Exports

Philippines Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Philippines
Top Destination
China$19B

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

In 2023, countries that imported more from Ukraine than Philippines included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

In 2023, countries that imported more from Philippines than Ukraine included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

Difference in imports from Philippines (Flag) and Ukraine (Flag) (2023)

Comparative Advantage Ukraine - Philippines

Flow
Scale

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

During 2023, Ukraine had a large net trade with Philippines in the exports of Vegetable Products ($11.4M), Machines ($2.09M), and Animal Products ($1.91M).

During 2018, Philippines had a large net trade with Ukraine in the exports of Machines ($48.6M), Textiles ($2.44M), and Instruments ($2.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Philippines+$6.29kWheat
Top Product Potential Philippines Ukraine+$6.21kIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Ukraine (Flag) and Philippines (Flag) (2023)

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