{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:57.112Z",
  "seo": {
    "title": "Mexico exports to the Philippines: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Mexico to the Philippines, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "MEX",
    "country_name": "Mexico"
  },
  "importer": {
    "iso3": "PHL",
    "country_name": "Philippines"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "MEX",
    "importer_iso3": "PHL",
    "all_history_lane_count": 299,
    "current_lane_count": 170,
    "current_product_count": 170,
    "first_observed_last_year": 1996,
    "latest_data_year": 2024,
    "current_trade_usd": 252987005.283063,
    "attention_trade_usd": 136787063.72586212,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 98162058.39785403,
    "unrecovered_drawdown_trade_usd": 39640958.807289995,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 110894162.32397504,
    "access_friction_trade_usd": 252987005.283063,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 31,
    "high_volatility_lane_count": 135,
    "unrecovered_drawdown_lane_count": 65,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 75,
    "access_friction_lane_count": 170,
    "trade_weighted_volatility_cv": 0.9868353972580962,
    "trade_weighted_below_peak_pct": 20.16526459942995,
    "product_concentration_hhi": 1278.2518313044009,
    "top1_product_share_pct": 29.158221810991602,
    "top3_product_share_pct": 52.158931238558935,
    "top_product_hs6": "260300",
    "top_product_trade_usd": 73766512.15342055,
    "top_product_description": "Copper ores and concentrates",
    "top_attention_product_hs6": "860310",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 14231.54296875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.056383248418569565,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 19.392619136161617,
    "avg_mfn_tariff_pct": 19.392619136161617,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 33,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 394086.419343,
    "buyer_gdp_pc_latest": 3549,
    "buyer_population_latest": 111046.913,
    "buyer_gdp_5y_cagr_pct": 4.14271163092057,
    "buyer_gdp_pc_5y_cagr_pct": 3.220520105972713,
    "buyer_population_5y_cagr_pct": 0.893418793085976,
    "buyer_investment_5y_avg_pct": 21.322000000000003,
    "buyer_savings_5y_avg_pct": 15.036000000000001,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 54.068810203438446,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 394086.419343,
    "buyer_gdp_pc_2024": 3549,
    "buyer_population_2024": 111046.913
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 25969737.99344857,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 83750676.29113354,
      "yoy_growth_pct": 222.4933432607655,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 41112561.657629795,
      "yoy_growth_pct": -50.910770541464544,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 30592259.921613015,
      "yoy_growth_pct": -25.589020269828865,
      "cagr_3y_pct": 5.6123397487888305
    },
    {
      "year": 1999,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 24462528.96364203,
      "yoy_growth_pct": -20.036868716718814,
      "cagr_3y_pct": -33.65049659333982
    },
    {
      "year": 2000,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 32203916.922645018,
      "yoy_growth_pct": 31.64590206723432,
      "cagr_3y_pct": -7.8182985394875
    },
    {
      "year": 2001,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 28758512.95810456,
      "yoy_growth_pct": -10.698710882953911,
      "cagr_3y_pct": -2.039358203423436
    },
    {
      "year": 2002,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 25980889.97626544,
      "yoy_growth_pct": -9.658437436892376,
      "cagr_3y_pct": 2.0275732467535112
    },
    {
      "year": 2003,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 21311404.29505998,
      "yoy_growth_pct": -17.97277031491693,
      "cagr_3y_pct": -12.856608749324305
    },
    {
      "year": 2004,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 19164366.605722643,
      "yoy_growth_pct": -10.074595083511328,
      "cagr_3y_pct": -12.6540683574491
    },
    {
      "year": 2005,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 40708540.59519926,
      "yoy_growth_pct": 112.41787653468984,
      "cagr_3y_pct": 16.147670306818583
    },
    {
      "year": 2006,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 53478976.480911285,
      "yoy_growth_pct": 31.370409498831407,
      "cagr_3y_pct": 35.89088892818375
    },
    {
      "year": 2007,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 74257236.84560162,
      "yoy_growth_pct": 38.85313768506191,
      "cagr_3y_pct": 57.06573039868361
    },
    {
      "year": 2008,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 72576768.55293727,
      "yoy_growth_pct": -2.263036390861728,
      "cagr_3y_pct": 21.256221645909633
    },
    {
      "year": 2009,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 56521234.76640393,
      "yoy_growth_pct": -22.122139228095396,
      "cagr_3y_pct": 1.8613711811102496
    },
    {
      "year": 2010,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 78036830.08328596,
      "yoy_growth_pct": 38.06639293321108,
      "cagr_3y_pct": 1.6686238054854474
    },
    {
      "year": 2011,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 50102213.64693503,
      "yoy_growth_pct": -35.796708306241165,
      "cagr_3y_pct": -11.620183467784262
    },
    {
      "year": 2012,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 75550724.4902485,
      "yoy_growth_pct": 50.793186549892624,
      "cagr_3y_pct": 10.15621308762762
    },
    {
      "year": 2013,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 104179648.49819344,
      "yoy_growth_pct": 37.893645893018714,
      "cagr_3y_pct": 10.110251862645537
    },
    {
      "year": 2014,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 100679814.79003541,
      "yoy_growth_pct": -3.359421689946207,
      "cagr_3y_pct": 26.191033666926945
    },
    {
      "year": 2015,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 95172210.65594783,
      "yoy_growth_pct": -5.470415440844334,
      "cagr_3y_pct": 8.000021336572448
    },
    {
      "year": 2016,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 81843601.01677614,
      "yoy_growth_pct": -14.004728425774681,
      "cagr_3y_pct": -7.728563768253494
    },
    {
      "year": 2017,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 137619076.51895076,
      "yoy_growth_pct": 68.14885318980754,
      "cagr_3y_pct": 10.980176309565648
    },
    {
      "year": 2018,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 128576860.5995825,
      "yoy_growth_pct": -6.5704669353184535,
      "cagr_3y_pct": 10.5479992189075
    },
    {
      "year": 2019,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 155241901.57576114,
      "yoy_growth_pct": 20.73860012745188,
      "cagr_3y_pct": 23.786915507450356
    },
    {
      "year": 2020,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 89772093.04197808,
      "yoy_growth_pct": -42.1727689942219,
      "cagr_3y_pct": -13.273017295894707
    },
    {
      "year": 2021,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 161542845.11578417,
      "yoy_growth_pct": 79.94773168566492,
      "cagr_3y_pct": 7.905016783272956
    },
    {
      "year": 2022,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 190662263.15322772,
      "yoy_growth_pct": 18.025817247784957,
      "cagr_3y_pct": 7.09074256930744
    },
    {
      "year": 2023,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 232602291.53804207,
      "yoy_growth_pct": 21.997026412672337,
      "cagr_3y_pct": 37.3485923122652
    },
    {
      "year": 2024,
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "export_value_usd": 279131457.16906995,
      "yoy_growth_pct": 20.003743438365063,
      "cagr_3y_pct": 19.997910850533174
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "260300",
      "hs_description": "Copper ores and concentrates",
      "buyer_imports_latest_usd": 1741288181.9151006,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.6901883497005444,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "860310",
      "hs_description": "Railway or tramway coaches, vans and trucks: self-propelled, powered from an external source of electricity (excluding those of heading no. 8604)",
      "buyer_imports_latest_usd": 193642617.0703289,
      "current_below_peak_pct": 21.8108741057504,
      "lane_volatility_cv": 0.3886088560739247,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "851762",
      "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "buyer_imports_latest_usd": 736092387.1399219,
      "current_below_peak_pct": 46.05937398237414,
      "lane_volatility_cv": 0.9738406003710035,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "262030",
      "hs_description": "Ash and residues: (not from the manufacture of iron or steel), containing mainly copper",
      "buyer_imports_latest_usd": 11489713.945587331,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "847150",
      "hs_description": "Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units",
      "buyer_imports_latest_usd": 227771766.68335292,
      "current_below_peak_pct": 69.02550855806061,
      "lane_volatility_cv": 1.7162371211762772,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "854420",
      "hs_description": "Insulated electric conductors: co-axial cable and other co-axial electric conductors",
      "buyer_imports_latest_usd": 74734002.91683064,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.267351532808243,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "851770",
      "hs_description": "Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts",
      "buyer_imports_latest_usd": 752961076.0924057,
      "current_below_peak_pct": 62.410879707342716,
      "lane_volatility_cv": 1.3016214792296597,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "220890",
      "hs_description": "Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208",
      "buyer_imports_latest_usd": 120965050.78716826,
      "current_below_peak_pct": 43.86532174803731,
      "lane_volatility_cv": 1.2008629814531573,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "320611",
      "hs_description": "Colouring matter: pigments and preparations based on titanium dioxide, containing 80% or more by weight of titanium dioxide calculated on the dry matter",
      "buyer_imports_latest_usd": 119640805.57475314,
      "current_below_peak_pct": 70.2286539440565,
      "lane_volatility_cv": 1.185604250988668,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "MEX",
      "importer_iso3": "PHL",
      "hs_code": "300490",
      "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
      "buyer_imports_latest_usd": 1162531736.702107,
      "current_below_peak_pct": 28.12765100449921,
      "lane_volatility_cv": 1.1770971468598093,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "MEX",
    "importer_iso3": "PHL",
    "distance_km": 14236,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 394086.419343,
    "importer_gdp_per_capita_usd": 3548.828226706311,
    "importer_population": 111046.913,
    "importer_biz_entry_days": 33,
    "importer_biz_entry_cost_pct": 23.3,
    "exporter_gdp_million_usd": 1293037.8663599999,
    "exporter_gdp_per_capita_usd": 9926.42261514624,
    "avg_applied_tariff_pct": 19.392619136161617,
    "avg_mfn_tariff_pct": 19.392619136161617,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/MEX-PHL/risk",
    "html": "https://www.yugalinks.com/trade/corridor/MEX-PHL/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/MEX-PHL/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/MEX-PHL/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/MEX-PHL/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}