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Pricing

2022
Flag → Flag
Exports $2.37BRnk 29 / 138
2022
Flag → Flag
Top Product $1.63BCrude Petroleum
2022
Flag → Flag
Exports $31.6kRnk 44 / 205
2022
Flag → Flag
Top Product $22.9MBananas
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Saudi Arabia-Philippines Trade: In 2022, Saudi Arabia exported $2.37B to Philippines. The main products that Saudi Arabia exported to Philippines were Crude Petroleum ($1.63B), Refined Petroleum ($470M), and Petroleum Gas ($145M). Over the past 5 years the exports of Saudi Arabia to Philippines have increased at an annualized rate of 16.2%, from $1.12B in 2017 to $2.37B in 2022.

In 2022, Saudi Arabia did not export any services to Philippines.

Philippines-Saudi Arabia In N/A, Philippines did not export any products to Saudi Arabia.

In 2022, Philippines did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Latest Data

Trade between Saudi Arabia (Flag) and Philippines (Flag)

Saudi Arabia Exports

Philippines Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$68B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Saudi Arabia than Philippines included China ($68B), India ($46.2B), and South Korea ($36B).

In 2022, countries that imported more from Philippines than Saudi Arabia included Hong Kong ($12.6B), Switzerland ($4.1B), and Mexico ($2.69B).

Difference in imports from Philippines (Flag) and Saudi Arabia (Flag) (2022)

Potential Exports

Potential Exports

Depth
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Top Product Potential Saudi Arabia Philippines+$12.1kRefined Petroleum
Top Product Potential Philippines Saudi Arabia+$9.79kGold

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 Saudi Arabia and Philippines. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Philippines (Flag) (NaN)

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