2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
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2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
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About

Philippines-Cocos (Keeling) Islands In 2022, Philippines exported $19k to Cocos (Keeling) Islands. The main products that Philippines exported to Cocos (Keeling) Islands are Air Conditioners ($19k). During the last 26 years the exports of Philippines to Cocos (Keeling) Islands have increased at an annualized rate of 5.09%, from $5.22k in 1996 to $19k in 2022.

In 2022, Philippines did not export any services to Cocos (Keeling) Islands.

Cocos (Keeling) Islands-Philippines In 2022, Cocos (Keeling) Islands exported $4.64k to Philippines. The main products that Cocos (Keeling) Islands exported to Philippines were Wheelchairs ($4.32k) and Rubber Apparel ($324). During the last 26 years the exports of Cocos (Keeling) Islands to Philippines have decreased at an annualized rate of 3.67%, from $12.3k in 1996 to $4.64k in 2022.

In 2022, Cocos (Keeling) Islands did not export any services to Philippines.

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). That same year, Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $19k to Cocos (Keeling) Islands. The main products exported from Philippines to Cocos (Keeling) Islands were Air Conditioners ($19k). During the last 26 years the exports of Philippines to Cocos (Keeling) Islands have increased at an annualized rate of 5.09%, from $5.22k in 1996 to $19k in 2022.

In 2022, Cocos (Keeling) Islands exported $4.64k to Philippines. The main products exported from Cocos (Keeling) Islands to Philippines were Wheelchairs ($4.32k) and Rubber Apparel ($324). During the last 26 years the exports of Cocos (Keeling) Islands to Philippines have decreased at an annualized rate of 3.67%, from $12.3k in 1996 to $4.64k in 2022.

Exports from Philippines (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Exports from Cocos (Keeling) Islands (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from Philippines than Cocos (Keeling) Islands were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2019, no countries were registered that imported more from Cocos (Keeling) Islands than from Philippines.

Difference in imports from Cocos (Keeling) Islands (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - Cocos (Keeling) Islands

Flow
Scale

This chart compares trade between Philippines and Cocos (Keeling) Islands by product, considering products traded by both, Philippines and Cocos (Keeling) Islands.

During 2022, Philippines had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($19k).

During 2022, Cocos (Keeling) Islands had a large net trade with Philippines in the exports of Transportation ($4.32k) and Plastics and Rubbers ($324).

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 Cocos (Keeling) Islands. Similarly, the more yellow a dot/product is, the more Cocos (Keeling) Islands has comparative advantage over Philippines.

Product Space of Philippines (Flag) and Cocos (Keeling) Islands (Flag) (2022)

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