2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Germany-Philippines Trade: In 2022, Germany exported $2.06B to Philippines. The main products that Germany exported to Philippines were Integrated Circuits ($296M), Planes, Helicopters, and/or Spacecraft ($221M), and Packaged Medicaments ($160M). Over the past 5 years the exports of Germany to Philippines have decreased at an annualized rate of 3.24%, from $2.43B in 2017 to $2.06B in 2022.

In 2020, Germany exported services to Philippines worth $211M, with Other business services ($86.8M), Transportation ($66.3M), and Computer and information services ($54.8M) being the largest in terms of value.

Philippines-Germany Trade: In 2022, Philippines exported $5.08B to Germany. The main products that Philippines exported to Germany were Integrated Circuits ($1.68B), Office Machine Parts ($840M), and Other Domestic Electric Housewares ($285M). Over the past 5 years the exports of Philippines to Germany have decreased at an annualized rate of 0.12%,  from $5.11B in 2017 to $5.08B in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $2.06B to Philippines. The main products exported from Germany to Philippines were Integrated Circuits ($296M), Planes, Helicopters, and/or Spacecraft ($221M), and Packaged Medicaments ($160M). During the last 5 years the exports of Germany to Philippines have decreased at an annualized rate of 3.24%, from $2.43B in 2017 to $2.06B in 2022.

In 2017, Philippines exported $5.08B to Germany. The main products exported from Philippines to Germany were Integrated Circuits ($1.68B), Office Machine Parts ($840M), and Other Domestic Electric Housewares ($285M). During the last 5 years the exports of Philippines to Germany have decreased at an annualized rate of 0.12%, from $5.11B in 2022 to $5.08B in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Germany than Philippines included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Philippines than Germany included Hong Kong ($12.6B), Brunei ($138M), and Curaçao ($38.3M).

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

Comparative Advantage Germany - Philippines

Flow
Scale

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

During 2022, Germany had a large net trade with Philippines in the exports of Machines ($803M), Chemical Products ($398M), and Transportation ($349M).

During 2017, Philippines had a large net trade with Germany in the exports of Machines ($4.05B), Animal and Vegetable Bi-Products ($195M), and Transportation ($162M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Philippines+$116MCars
Top Product Potential Philippines Germany+$505MIntegrated 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 Germany and Philippines. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Germany.

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

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