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
$360BCURRENT US$
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2012-2022
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GDP GROWTH
37%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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2022
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GDP PC
$48,984CURRENT US$
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2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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About

Philippines-Hong Kong In 2022, Philippines exported $12.6B to Hong Kong. The main products that Philippines exported to Hong Kong are Integrated Circuits ($8.48B), Office Machine Parts ($894M), and Precious Metal Scraps ($654M). During the last 27 years the exports of Philippines to Hong Kong have increased at an annualized rate of 10.5%, from $847M in 1995 to $12.6B in 2022.

In 2022, Philippines did not export any services to Hong Kong.

Hong Kong-Philippines In 2022, Hong Kong exported $3.28B to Philippines. The main products that Hong Kong exported to Philippines were Integrated Circuits ($688M), Office Machine Parts ($616M), and Special Purpose Ships ($195M). During the last 27 years the exports of Hong Kong to Philippines have increased at an annualized rate of 1.86%, from $2B in 1995 to $3.28B in 2022.

In 2022, Hong Kong did not export any services to Philippines.

Comparison In 2022,  Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B). That same year, Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $12.6B to Hong Kong. The main products exported from Philippines to Hong Kong were Integrated Circuits ($8.48B), Office Machine Parts ($894M), and Precious Metal Scraps ($654M). During the last 27 years the exports of Philippines to Hong Kong have increased at an annualized rate of 10.5%, from $847M in 1995 to $12.6B in 2022.

In 2022, Hong Kong exported $3.28B to Philippines. The main products exported from Hong Kong to Philippines were Integrated Circuits ($688M), Office Machine Parts ($616M), and Special Purpose Ships ($195M). During the last 27 years the exports of Hong Kong to Philippines have increased at an annualized rate of 1.86%, from $2B in 1995 to $3.28B in 2022.

Exports from Philippines (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Hong Kong
Top Destination
China$23.4B

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

In 2021, countries that imported more from Philippines than Hong Kong were United States ($15.5B), Japan ($11.3B), and Singapore ($7.07B).

In 2021, countries that imported more from Hong Kong than Philippines were India ($14.3B), China ($23.4B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - Hong Kong

Flow
Scale

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

During 2022, Philippines had a large net trade with Hong Kong in the exports of Machines ($11.1B), Precious Metals ($1.14B), and Instruments ($77.9M).

During 2022, Hong Kong had a large net trade with Philippines in the exports of Machines ($2.49B), Transportation ($243M), and Instruments ($168M).

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 Philippines has comparative advantage over Hong Kong. Similarly, the more yellow a dot/product is, the more Hong Kong has comparative advantage over Philippines.

Product Space of Philippines (Flag) and Hong Kong (Flag) (2022)

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