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Trade between the Philippines and Saudi Arabia

In 2024, the Philippines exported $225 million to Saudi Arabia and imported $2.1 billion. The Philippines ran a deficit of $1.9 billion with Saudi Arabia, compared with a deficit of $839 million in 2019. Saudi Arabia was the Philippines’ 18th largest trading partner (1% of its trade), and the Philippines was Saudi Arabia’s 35th (0.4%).

Summary

Philippines → Saudi Arabia
$225million
Saudi Arabia → Philippines
$2.1billion
The Philippines’ balance
-$1.9billion

Balance

The Philippines’ trade balance with Saudi Arabia

Trade between the Philippines and Saudi Arabia grew 14.3-fold since 1995

USD billions (current). The Philippines’ exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.2
  • Imports 2.1
  • Balance -1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$91 million$70 million$21 million
1996$77 million$1.8 billion-$1.7 billion
1997$30 million$1.1 billion-$1.1 billion
1998$60 million$666 million-$606 million
1999$49 million$841 million-$792 million
2000$52 million$1.1 billion-$1 billion
2001$54 million$944 million-$890 million
2002$61 million$1 billion-$972 million
2003$74 million$1.3 billion-$1.2 billion
2004$85 million$1.3 billion-$1.3 billion
2005$101 million$2.3 billion-$2.2 billion
2006$135 million$3 billion-$2.9 billion
2007$156 million$3.6 billion-$3.4 billion
2008$208 million$5.2 billion-$5 billion
2009$167 million$1.6 billion-$1.4 billion
2010$194 million$2.5 billion-$2.3 billion
2011$248 million$3.3 billion-$3 billion
2012$273 million$3.5 billion-$3.2 billion
2013$247 million$2.9 billion-$2.6 billion
2014$247 million$3.3 billion-$3 billion
2015$275 million$1.9 billion-$1.6 billion
2016$269 million$1.1 billion-$830 million
2017$316 million$1.2 billion-$927 million
2018$260 million$1.9 billion-$1.7 billion
2019$287 million$1.1 billion-$839 million
2020$190 million$605 million-$414 million
2021$184 million$2.2 billion-$2 billion
2022$175 million$2.7 billion-$2.6 billion
2023$198 million$2.4 billion-$2.2 billion
2024$225 million$2.1 billion-$1.9 billion

What they sell each other

What the Philippines sells to Saudi Arabia

The top 10 headings in 2024, with their share of the total.

  1. Bananas$40 million · 17.7%
    64 thousand tonnes · the Philippines’ destinations
  2. 335 tonnes
  3. 350 tonnes
  4. Refined petroleum$16 million · 6.9%
    25 thousand tonnes · Saudi Arabia’s sources
  5. 258 tonnes
  6. 2 thousand tonnes
  7. 78 tonnes
  8. Sauces and condiments$5 million · 2.1%
    4 thousand tonnes
  9. Batteries$4 million · 1.9%
    644 tonnes
  10. Cargo and cruise ships$4 million · 1.8%
    393 tonnes

What Saudi Arabia sells to the Philippines

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$1.8 billion · 86.3%
    3.2 million tonnes · Saudi Arabia’s destinations
  2. Natural gas and LPG$169 million · 8.1%
    245 thousand tonnes
  3. Polyethylene$36 million · 1.8%
    38 thousand tonnes · Saudi Arabia’s destinations
  4. Nitrogen fertilizers$21 million · 0.99%
    54 thousand tonnes
  5. Petroleum coke and bitumen$17 million · 0.82%
    110 thousand tonnes
  6. Polypropylene$11 million · 0.53%
    13 thousand tonnes · Saudi Arabia’s destinations
  7. Alcohols$11 million · 0.51%
    31 thousand tonnes
  8. 4 thousand tonnes
  9. 2 thousand tonnes
  10. 2 thousand tonnes

How it travels

Estimated sea route from Manila to Jeddah.

The estimated sea route between Manila and Jeddah is 5,869 nautical miles (10,869 km) long: ≈ 13.5–17.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore; and Bab-el-Mandeb Strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.2 billion · 96.4%
  2. Air$82 million · 3.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Saudi Arabia was the Philippines’ 18th largest trading partner (1% of its trade), and the Philippines was Saudi Arabia’s 35th (0.4%).

Saudi Arabia in the Philippines’ trade
1%
Saudi Arabia’s rank among the Philippines’ partners
18th
The Philippines in Saudi Arabia’s trade
0.4%
The Philippines’ rank among Saudi Arabia’s partners
35th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.