Philippines

0.38

Econ Complexity 43rd of 126
1980
2017

$99B

Exports 37th of 221
1980
2017

$105B

Imports 32nd of 221
1980
2017

$8.34k

GDP Per Capita 119th of 214
1990
2017
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Looking for commercial partners in Philippines? List your company on Macro Market.

The Philippines is the 37th largest export economy in the world and the 43rd most complex economy according to the Economic Complexity Index (ECI). In 2017, the Philippines exported $99B and imported $105B, resulting in a negative trade balance of $5.9B. In 2017 the GDP of the Philippines was $313B and its GDP per capita was $8.34k.

The top exports of the Philippines are Integrated Circuits ($32.2B), Office Machine Parts ($10B), Computers ($5.19B), Semiconductor Devices ($3.34B) and Insulated Wire ($2.42B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Integrated Circuits ($12.1B), Refined Petroleum ($5.64B), Cars ($4.77B), Crude Petroleum ($3.15B) and Industrial Printers ($2.5B).

The top export destinations of the Philippines are China ($20B), Hong Kong ($14.8B), the United States ($13B), Japan ($11.4B) and Germany ($5.3B). The top import origins are China ($21.9B), Japan ($11.6B), South Korea ($8.74B), the United States ($8.34B) and Thailand ($7B).

The Philippines is an island and borders China, Indonesia, Japan, Malaysia, Taiwan, Vietnam and Palau by sea.

Economic Complexity of the Philippines

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