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2022
Flag → Flag
Exports $41.9MRnk 57 / 205
2022
Flag → Flag
Top Product $25.4MCoconut Oil
2022
Flag → Flag
Exports $18.7MRnk 96 / 208
2022
Flag → Flag
Top Product $4.08MBeauty Products
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.33Rnk 50 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH-9.49%CURRENT US$
Rnk 174 / 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$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH-5.39%CURRENT US$
Rnk 154 / 186

About

Philippines-Greece Trade: In 2022, Philippines exported $41.9M to Greece. The main products that Philippines exported to Greece were Coconut Oil ($25.4M), Photocopiers ($3.49M), and Processed Fish ($3.26M). Over the past 5 years the exports of Philippines to Greece have increased at an annualized rate of 37.4%, from $8.57M in 2017 to $41.9M in 2022.

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

Greece-Philippines Trade: In 2022, Greece exported $18.7M to Philippines. The main products that Greece exported to Philippines were Beauty Products ($4.08M), Packaged Medicaments ($3.5M), and Cheese ($1.74M). Over the past 5 years the exports of Greece to Philippines have decreased at an annualized rate of 5.66%,  from $25M in 2017 to $18.7M in 2022.

In 2020, Greece exported services to Philippines worth $127M, with Transportation ($126M), Travel ($914k), and Other business services ($457k) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $2.4M and imported $3.48M from Greece, resulting in a negative trade balance of $1.08M. Between June 2023 and June 2024 the exports of Philippines have decreased by $-1.56M (-39.4%) from $3.95M to $2.4M, while imports decreased by $-418k (-10.7%) from $3.89M to $3.48M.

Trade In June 2024, the top exports of Philippines to Greece were Industrial Printers ($1.16M), Raw Tobacco ($377k), Processed Fish ($146k), Rubber Tires ($64.7k), and Commodities not elsewhere specified ($39.4k). In June 2024 the top imports of Philippines from Greece were Packaged Medicaments ($3.05M), Raw Tobacco ($355k), Other Printed Material ($119k), Cheese ($82.1k), and Beer ($47.8k).

Growth In June 2024, the decrease in Philippines's year-by-year exports to Greece was explained primarily by an decrease in product exports in Rubber Tires ($-2.86k or -4.24%), Commodities not elsewhere specified ($-2.3k or -5.52%), and Aircraft Parts ($-763 or -30.9%). In June 2024, the decrease in Philippines's year-by-year imports  from Greece was explained primarily by an decrease in product imports  in Cheese ($-105k or -56%), Amino-resins ($-31.2k or -67.1%), and Beauty Products ($-9.7k or -29.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$-1.56M(-39.4%)
IMPORT GROWTH (June 2023 - June 2024)$-418k(-10.7%)

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 Greece and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Greece and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $41.9M to Greece. The main products exported from Philippines to Greece were Coconut Oil ($25.4M), Photocopiers ($3.49M), and Processed Fish ($3.26M). During the last 5 years the exports of Philippines to Greece have increased at an annualized rate of 37.4%, from $8.57M in 2017 to $41.9M in 2022.

In 2017, Greece exported $18.7M to Philippines. The main products exported from Greece to Philippines were Beauty Products ($4.08M), Packaged Medicaments ($3.5M), and Cheese ($1.74M). During the last 5 years the exports of Greece to Philippines have decreased at an annualized rate of 5.66%, from $25M in 2022 to $18.7M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Philippines than Greece included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Greece than Philippines included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

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

Comparative Advantage Philippines - Greece

Flow
Scale

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

During 2022, Philippines had a large net trade with Greece in the exports of Animal and Vegetable Bi-Products ($25.4M), Foodstuffs ($5.51M), and Instruments ($4.31M).

During 2017, Greece had a large net trade with Philippines in the exports of Chemical Products ($9.03M), Foodstuffs ($2.6M), and Animal Products ($1.81M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Greece+$1.86MTelephones
Top Product Potential Greece Philippines+$3.44MRefined Petroleum

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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Bilateral Service Trade

In 2020, Greece exported services to Philippines worth $127M, with Transportation ($126M), Travel ($914k), and Other business services ($457k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece (Flag) to Philippines (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Philippines and Greece. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Philippines.

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

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