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Pricing

2022
Flag → Flag
Exports $110MRnk 38 / 205
2022
Flag → Flag
Top Product $65.7MIntegrated Circuits
2022
Flag → Flag
Exports $482MRnk 31 / 187
2022
Flag → Flag
Top Product $84MTanks and Armored vehicles
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186

About

Philippines-Israel Trade: In 2022, Philippines exported $110M to Israel. The main products that Philippines exported to Israel were Integrated Circuits ($65.7M), Other Engines ($5.39M), and Coconuts, Brazil Nuts, and Cashews ($4.04M). Over the past 5 years the exports of Philippines to Israel have increased at an annualized rate of 1.43%, from $102M in 2017 to $110M in 2022.

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

Israel-Philippines Trade: In 2022, Israel exported $482M to Philippines. The main products that Israel exported to Philippines were Tanks and Armored vehicles ($84M), Planes, Helicopters, and/or Spacecraft ($74.1M), and Integrated Circuits ($41.6M). Over the past 5 years the exports of Israel to Philippines have increased at an annualized rate of 21%,  from $186M in 2017 to $482M in 2022.

In 2012, Israel exported services to Philippines worth $11.8M, with Computer and information services ($11.8M) being the largest in terms of value.

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $9.79M and imported $12.3M from Israel, resulting in a negative trade balance of $2.55M. Between June 2023 and June 2024 the exports of Philippines have decreased by $-13.8M (-58.5%) from $23.6M to $9.79M, while imports decreased by $-5.9M (-32.3%) from $18.2M to $12.3M.

Trade In June 2024, the top exports of Philippines to Israel were Integrated Circuits ($1.54M), Air Pumps ($596k), Commodities not elsewhere specified ($499k), Other Measuring Instruments ($464k), and Fruit Juice ($415k). In June 2024 the top imports of Philippines from Israel were Commodities not elsewhere specified ($6.85M), Telephones ($5.74M), Oscilloscopes ($944k), Machines and apparatus of a kind... ($620k), and Pesticides ($388k).

Growth In June 2024, the decrease in Philippines's year-by-year exports to Israel was explained primarily by an decrease in product exports in Integrated Circuits ($-933k or -37.7%), Coconuts, Brazil Nuts, and Cashews ($-378k or -54.2%), and Wood Kitchenware ($-64.5k or -62.4%). In June 2024, the decrease in Philippines's year-by-year imports  from Israel was explained primarily by an decrease in product imports  in Oscilloscopes ($-2.57M or -73.2%), Commodities not elsewhere specified ($-1.81M or -20.9%), and Medical Instruments ($-191k or -62.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$-13.8M(-58.5%)
IMPORT GROWTH (June 2023 - June 2024)$-5.9M(-32.3%)

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 Israel and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Israel and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $110M to Israel. The main products exported from Philippines to Israel were Integrated Circuits ($65.7M), Other Engines ($5.39M), and Coconuts, Brazil Nuts, and Cashews ($4.04M). During the last 5 years the exports of Philippines to Israel have increased at an annualized rate of 1.43%, from $102M in 2017 to $110M in 2022.

In 2017, Israel exported $482M to Philippines. The main products exported from Israel to Philippines were Tanks and Armored vehicles ($84M), Planes, Helicopters, and/or Spacecraft ($74.1M), and Integrated Circuits ($41.6M). During the last 5 years the exports of Israel to Philippines have increased at an annualized rate of 21%, from $186M in 2022 to $482M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Israel
Top DestinationUnited States$20.3B

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

In 2022, countries that imported more from Philippines than Israel included Hong Kong ($12.6B), Japan ($11.3B), and China ($15.3B).

In 2022, countries that imported more from Israel than Philippines included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

Comparative Advantage Philippines - Israel

Flow
Scale

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

During 2022, Philippines had a large net trade with Israel in the exports of Machines ($88.2M), Vegetable Products ($5.2M), and Instruments ($4.83M).

During 2017, Israel had a large net trade with Philippines in the exports of Transportation ($208M), Machines ($111M), and Weapons ($65.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Israel+$63.6MIntegrated Circuits
Top Product Potential Israel Philippines+$40.6MIntegrated 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 Philippines and Israel. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Philippines.

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

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