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Pricing

2022
Flag → Flag
Exports $26.7MRnk 67 / 205
2022
Flag → Flag
Top Product $16.9MBananas
2022
Flag → Flag
Exports $916kRnk 81 / 127
2022
Flag → Flag
Top Product $561kVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
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Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
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 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
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GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
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GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
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GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Philippines-Iran In 2022, Philippines exported $26.7M to Iran. The main products that Philippines exported to Iran are Bananas ($16.9M), Tropical Fruits ($6.55M), and Coated Metal Soldering Products ($1.34M). During the last 26 years the exports of Philippines to Iran have increased at an annualized rate of 11.8%, from $1.46M in 1996 to $26.7M in 2022.

In 2022, Philippines did not export any services to Iran.

Iran-Philippines In 2022, Iran exported $916k to Philippines. The main products that Iran exported to Philippines were Vaccines, blood, antisera, toxins and cultures ($561k), Plastic Pipes ($223k), and Grapes ($38.6k). During the last 26 years the exports of Iran to Philippines have decreased at an annualized rate of 19.5%, from $260M in 1996 to $916k in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Latest Trends

August, 2021

About

Overview In August 2021, Philippines exported $2.55M and imported $953k from Iran, resulting in a positive trade balance of $1.6M. Between August 2020 and August 2021 the exports of Philippines have increased by $881k (52.7%) from $1.67M to $2.55M, while imports increased by $924k (3.1k%) from $29.8k to $953k.

Trade In August 2021, the top exports of Philippines to Iran were Bananas ($7.72M), Tropical Fruits ($867k), Inedible Fats and Oils ($356k), Sewing Machines ($74.5k), and Knit Women's Shirts ($68.7k). In August 2021 the top imports of Philippines from Iran were Bitumen and asphalt ($33k).

Growth In August 2021, the increase in Philippines's year-by-year exports to Iran was explained primarily by an increase in product exports in Bananas ($3.59M or 87.1%), Tropical Fruits ($630k or 266%), and Inedible Fats and Oils ($268k or 303%). In August 2021, the increase in Philippines's year-by-year imports  from Iran was explained primarily by an increase in product imports  in Bitumen and asphalt ($15.3k or 87.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (August 2020 - August 2021)$881k(52.7%)
IMPORT GROWTH (August 2020 - August 2021)$924k(3.1k%)

This section shows exports and imports data at subnational level for Philippines. Click any date in the line plot or any product to explore the exports or imports behavior of Philippines over time.

To check Iran and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $26.7M to Iran. The main products exported from Philippines to Iran were Bananas ($16.9M), Tropical Fruits ($6.55M), and Coated Metal Soldering Products ($1.34M). During the last 26 years the exports of Philippines to Iran have increased at an annualized rate of 11.8%, from $1.46M in 1996 to $26.7M in 2022.

In 2022, Iran exported $916k to Philippines. The main products exported from Iran to Philippines were Vaccines, blood, antisera, toxins and cultures ($561k), Plastic Pipes ($223k), and Grapes ($38.6k). During the last 26 years the exports of Iran to Philippines have decreased at an annualized rate of 19.5%, from $260M in 1996 to $916k in 2022.

Exports from Philippines (Flag) to Iran (Flag) (2022)

Exports from Iran (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Iran
Top DestinationChina$5.72B

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

In 2021, countries that imported more from Philippines than Iran were United States ($15.5B), Hong Kong ($12.6B), and Japan ($11.3B).

In 2021, countries that imported more from Iran than Philippines were Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

Difference in imports from Iran (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - Iran

Flow
Scale

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

During 2022, Philippines had a large net trade with Iran in the exports of Vegetable Products ($24.2M), Metals ($1.34M), and Animal and Vegetable Bi-Products ($796k).

During 2022, Iran had a large net trade with Philippines in the exports of Chemical Products ($561k), Plastics and Rubbers ($227k), and Vegetable Products ($61.2k).

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

Product Space of Philippines (Flag) and Iran (Flag) (2022)

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