2022
Flag  
GDP
$25.5TCURRENT US$
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2012-2022
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GDP GROWTH
56.7%CURRENT US$
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2022
Flag
 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 
$76,399CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
47.5%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

United States-Philippines In 2022, United States exported $8.38B to Philippines. The main products that United States exported to Philippines are Integrated Circuits ($1.43B), Wheat ($950M), and Concentrated Milk ($413M). During the last 27 years the exports of United States to Philippines have increased at an annualized rate of 1.8%, from $5.17B in 1995 to $8.38B in 2022.

In 2017, United States exported services to Philippines worth $3.27B, with Travel ($1.1B), Financial services ($509M), and Transportation ($445M) being the largest in terms of value.

Philippines-United States In 2022, Philippines exported $15.5B to United States. The main products that Philippines exported to United States were Office Machine Parts ($2.59B), Integrated Circuits ($1.87B), and Insulated Wire ($950M). During the last 27 years the exports of Philippines to United States have increased at an annualized rate of 2.83%, from $7.29B in 1995 to $15.5B in 2022.

In 2022, Philippines did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (11.1k), ADIDAS INTERNATIONAL TRADING AG (5.27k), and YOKOHAMA TIRE CORPORATION (3.25k) were at the forefront of exporting goods from Philippines to the United States. Conversely, KRISLUR CASTOMECH PVT LTD (10.9k), MAERSK LOGISTICS AND SERVICES (3.32k), and RELIANCE PRODUCERS COOPERATIVE (2.68k) were notable for importing Philippines products to the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $8.38B to Philippines. The main products exported from United States to Philippines were Integrated Circuits ($1.43B), Wheat ($950M), and Concentrated Milk ($413M). During the last 27 years the exports of United States to Philippines have increased at an annualized rate of 1.8%, from $5.17B in 1995 to $8.38B in 2022.

In 2022, Philippines exported $15.5B to United States. The main products exported from Philippines to United States were Office Machine Parts ($2.59B), Integrated Circuits ($1.87B), and Insulated Wire ($950M). During the last 27 years the exports of Philippines to United States have increased at an annualized rate of 2.83%, from $7.29B in 1995 to $15.5B in 2022.

Exports from United States (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from United States than Philippines were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Philippines than United States were Guam ($16.8M), Norfolk Island ($5.29M), and Northern Mariana Islands ($3.85M).

Difference in imports from Philippines (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Philippines

Flow
Scale

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

During 2022, United States had a large net trade with Philippines in the exports of Machines ($2.97B), Foodstuffs ($1.26B), and Vegetable Products ($1.12B).

During 2022, Philippines had a large net trade with United States in the exports of Machines ($10.1B), Foodstuffs ($755M), and Textiles ($713M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Philippines worth $3.27B, with Travel ($1.1B), Financial services ($509M), and Transportation ($445M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Philippines (Flag) (2017)

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

Product Space of United States (Flag) and Philippines (Flag) (2022)

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