Summary
- Philippines → Vietnam
- $1.7billion
- Vietnam → Philippines
- $5.7billion
- The Philippines’ balance
- -$4.1billion
Balance
The Philippines’ trade balance with Vietnam
Trade between the Philippines and Vietnam grew 22.6-fold since 1996
USD billions (current). The Philippines’ exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1.7
- Imports 5.7
- Balance -4.1
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $0 | $0 | $0 |
| 1996 | $130 million | $197 million | -$67 million |
| 1997 | $95 million | $286 million | -$191 million |
| 1998 | $94 million | $406 million | -$312 million |
| 1999 | $63 million | $228 million | -$165 million |
| 2000 | $80 million | $272 million | -$192 million |
| 2001 | $69 million | $311 million | -$242 million |
| 2002 | $119 million | $299 million | -$180 million |
| 2003 | $171 million | $350 million | -$178 million |
| 2004 | $266 million | $655 million | -$389 million |
| 2005 | $283 million | $1.1 billion | -$769 million |
| 2006 | $421 million | $872 million | -$452 million |
| 2007 | $498 million | $999 million | -$501 million |
| 2008 | $449 million | $2 billion | -$1.6 billion |
| 2009 | $554 million | $1.6 billion | -$996 million |
| 2010 | $786 million | $1.8 billion | -$1.1 billion |
| 2011 | $867 million | $1.1 billion | -$245 million |
| 2012 | $1 billion | $1.2 billion | -$164 million |
| 2013 | $1.1 billion | $1.3 billion | -$255 million |
| 2014 | $775 million | $1.7 billion | -$877 million |
| 2015 | $1.1 billion | $1.7 billion | -$549 million |
| 2016 | $1 billion | $2.1 billion | -$1 billion |
| 2017 | $1.1 billion | $2.9 billion | -$1.8 billion |
| 2018 | $1.3 billion | $3.3 billion | -$2 billion |
| 2019 | $1.5 billion | $3.8 billion | -$2.3 billion |
| 2020 | $1.8 billion | $3.4 billion | -$1.6 billion |
| 2021 | $2.4 billion | $4.4 billion | -$2 billion |
| 2022 | $2.7 billion | $4.7 billion | -$2 billion |
| 2023 | $2.6 billion | $5 billion | -$2.4 billion |
| 2024 | $1.7 billion | $5.7 billion | -$4.1 billion |
What they sell each other
What the Philippines sells to Vietnam
The top 10 headings in 2024, with their share of the total.
What Vietnam sells to the Philippines
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Manila and Phu My is 935 nautical miles (1,732 km) long: ≈ 2–3 days at sea (at 18 and 14 knots).
It does not cross any major canal or 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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Vietnam was the Philippines’ 10th largest trading partner (3% of its trade), and the Philippines was Vietnam’s 21st (0.8%).
- Vietnam in the Philippines’ trade
- 3.1%
- Vietnam’s rank among the Philippines’ partners
- 10th
- The Philippines in Vietnam’s trade
- 0.8%
- The Philippines’ rank among Vietnam’s partners
- 21st
Compare with
Other partners of the Philippines
Other partners of Vietnam
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.