{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:17.161Z", "seo": { "title": "Philippines exports to Mexico: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Philippines to Mexico, 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": "PHL", "country_name": "Philippines" }, "importer": { "iso3": "MEX", "country_name": "Mexico" }, "latestYear": 2024, "risk": { "exporter_iso3": "PHL", "importer_iso3": "MEX", "all_history_lane_count": 435, "current_lane_count": 271, "current_product_count": 271, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 2607758759.2067122, "attention_trade_usd": 1871917130.9338934, "critical_trade_usd": 77311460.17357686, "high_volatility_trade_usd": 1631972251.6283164, "unrecovered_drawdown_trade_usd": 166823456.80554283, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 758828872.6751505, "access_friction_trade_usd": 2607758759.2067122, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 4, "high_attention_lane_count": 102, "high_volatility_lane_count": 178, "unrecovered_drawdown_lane_count": 88, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 177, "access_friction_lane_count": 271, "trade_weighted_volatility_cv": 1.1404739251784122, "trade_weighted_below_peak_pct": 19.330050966658362, "product_concentration_hhi": 671.1793076852755, "top1_product_share_pct": 18.07844387304646, "top3_product_share_pct": 36.06363660588182, "top_product_hs6": "847170", "top_product_trade_usd": 471442203.6276383, "top_product_description": "Data processing machines: storage units", "top_attention_product_hs6": "847170", "top_attention_product_reason": "Trade has varied substantially across reported years", "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": 13.60029642040404, "avg_mfn_tariff_pct": 13.60029642040404, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 8.4, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 1293037.8663599999, "buyer_gdp_pc_latest": 9926, "buyer_population_latest": 130262.222, "buyer_gdp_5y_cagr_pct": 7.317392234827791, "buyer_gdp_pc_5y_cagr_pct": 6.467884470952012, "buyer_population_5y_cagr_pct": 0.7979004824760771, "buyer_investment_5y_avg_pct": 23.68, "buyer_savings_5y_avg_pct": 22.506, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 71.78260352208868, "critical_trade_share_pct": 2.9646707119908298, "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": 1293037.8663599999, "buyer_gdp_pc_2024": 9926, "buyer_population_2024": 130262.222 }, "history": [ { "year": 1995, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 51865203.87274253, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 109903535.17265229, "yoy_growth_pct": 111.90225231219321, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 223509570.49342948, "yoy_growth_pct": 103.36886356049284, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 260730363.65653807, "yoy_growth_pct": 16.652885637486726, "cagr_3y_pct": 71.30571044592774 }, { "year": 1999, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 295517468.069106, "yoy_growth_pct": 13.342176156511343, "cagr_3y_pct": 39.05624517961594 }, { "year": 2000, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 498416494.19440323, "yoy_growth_pct": 68.65889432899779, "cagr_3y_pct": 30.64679515753226 }, { "year": 2001, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 557293423.2354826, "yoy_growth_pct": 11.81279707370897, "cagr_3y_pct": 28.814307317235112 }, { "year": 2002, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 672791430.3887492, "yoy_growth_pct": 20.724810725868426, "cagr_3y_pct": 31.55249763852701 }, { "year": 2003, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 543096562.4841027, "yoy_growth_pct": -19.277128400655585, "cagr_3y_pct": 2.9030425858123765 }, { "year": 2004, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 657892268.6059533, "yoy_growth_pct": 21.137255149761856, "cagr_3y_pct": 5.687499189750156 }, { "year": 2005, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 913985492.1671716, "yoy_growth_pct": 38.926316021902686, "cagr_3y_pct": 10.752350076103756 }, { "year": 2006, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 877986750.3494306, "yoy_growth_pct": -3.9386557145872914, "cagr_3y_pct": 17.364558494769543 }, { "year": 2007, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 913522390.4827113, "yoy_growth_pct": 4.0474005011052805, "cagr_3y_pct": 11.5633306162654 }, { "year": 2008, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 934642680.4447434, "yoy_growth_pct": 2.3119619378866085, "cagr_3y_pct": 0.7477685248165944 }, { "year": 2009, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 797099220.9319823, "yoy_growth_pct": -14.71615435401602, "cagr_3y_pct": -3.170399314920025 }, { "year": 2010, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 1117514448.7504222, "yoy_growth_pct": 40.197659137566944, "cagr_3y_pct": 6.949309145935012 }, { "year": 2011, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 1163622814.837998, "yoy_growth_pct": 4.125974938322541, "cagr_3y_pct": 7.577687939766897 }, { "year": 2012, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 992774992.1292347, "yoy_growth_pct": -14.682405718604707, "cagr_3y_pct": 7.591876329703573 }, { "year": 2013, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 1112673263.3667197, "yoy_growth_pct": 12.077084151801154, "cagr_3y_pct": -0.14461239099085033 }, { "year": 2014, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 1449479610.216852, "yoy_growth_pct": 30.27001348365519, "cagr_3y_pct": 7.5969500398459955 }, { "year": 2015, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 1537633929.313787, "yoy_growth_pct": 6.081790904512729, "cagr_3y_pct": 15.700181857757855 }, { "year": 2016, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 1768670099.331625, "yoy_growth_pct": 15.025433922425503, "cagr_3y_pct": 16.70596673836524 }, { "year": 2017, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 1895268664.8563082, "yoy_growth_pct": 7.157839416888678, "cagr_3y_pct": 9.35019384930067 }, { "year": 2018, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 2237193262.0649266, "yoy_growth_pct": 18.04095659622704, "cagr_3y_pct": 13.313985884365675 }, { "year": 2019, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 2369001458.54159, "yoy_growth_pct": 5.891676803773538, "cagr_3y_pct": 10.231613596283085 }, { "year": 2020, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 2120636177.5458462, "yoy_growth_pct": -10.483964883189357, "cagr_3y_pct": 3.8161999131401947 }, { "year": 2021, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 2438928895.058298, "yoy_growth_pct": 15.00930338181834, "cagr_3y_pct": 2.919708017249434 }, { "year": 2022, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 2924649242.0006185, "yoy_growth_pct": 19.915313969442728, "cagr_3y_pct": 7.276061337803941 }, { "year": 2023, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 2539439982.4829435, "yoy_growth_pct": -13.171126779434616, "cagr_3y_pct": 6.191705449343443 }, { "year": 2024, "exporter_iso3": "PHL", "importer_iso3": "MEX", "export_value_usd": 2664653276.34448, "yoy_growth_pct": 4.930744365893958, "cagr_3y_pct": 2.9944578651248444 } ], "riskLanes": [ { "exporter_iso3": "PHL", "importer_iso3": "MEX", "hs_code": "847170", "hs_description": "Data processing machines: storage units", "buyer_imports_latest_usd": 5284442339.362538, "current_below_peak_pct": 23.024758074996672, "lane_volatility_cv": 1.0418453767659732, "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": "PHL", "importer_iso3": "MEX", "hs_code": "854239", "hs_description": "Electronic integrated circuits: n.e.c. in heading no. 8542", "buyer_imports_latest_usd": 4454957925.45505, "current_below_peak_pct": 31.225148239883517, "lane_volatility_cv": 0.590298794029592, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "PHL", "importer_iso3": "MEX", "hs_code": "847330", "hs_description": "Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units", "buyer_imports_latest_usd": 17298863873.563595, "current_below_peak_pct": 3.3353004083386733, "lane_volatility_cv": 1.4022026164225683, "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": "PHL", "importer_iso3": "MEX", "hs_code": "854231", "hs_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits", "buyer_imports_latest_usd": 18057208131.227108, "current_below_peak_pct": 27.547194331679638, "lane_volatility_cv": 0.5737166228223238, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "PHL", "importer_iso3": "MEX", "hs_code": "852351", "hs_description": "Semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of Chapter 37", "buyer_imports_latest_usd": 4963055854.705962, "current_below_peak_pct": 25.08057824127646, "lane_volatility_cv": 1.7350017556134518, "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": "PHL", "importer_iso3": "MEX", "hs_code": "850440", "hs_description": "Electrical static converters", "buyer_imports_latest_usd": 3841877391.142612, "current_below_peak_pct": 14.479643565071918, "lane_volatility_cv": 0.8914868091134422, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "PHL", "importer_iso3": "MEX", "hs_code": "852990", "hs_description": "Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors", "buyer_imports_latest_usd": 3090742899.39399, "current_below_peak_pct": 0, "lane_volatility_cv": 0.8601458867909105, "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" ] }, { "exporter_iso3": "PHL", "importer_iso3": "MEX", "hs_code": "844331", "hs_description": "Printing, copying, and facsimile machines: machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network", "buyer_imports_latest_usd": 384001354.8562854, "current_below_peak_pct": 0, "lane_volatility_cv": 1.2191934911865905, "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": "PHL", "importer_iso3": "MEX", "hs_code": "853224", "hs_description": "Electrical capacitors: fixed, ceramic dielectric, multilayer", "buyer_imports_latest_usd": 965397016.9147334, "current_below_peak_pct": 4.760253002496592, "lane_volatility_cv": 1.404489273231486, "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": "PHL", "importer_iso3": "MEX", "hs_code": "844399", "hs_description": "Printing machinery: parts and accessories, n.e.c. in item no. 8443.91", "buyer_imports_latest_usd": 810012159.0570086, "current_below_peak_pct": 0, "lane_volatility_cv": 1.6422175767739824, "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": "PHL", "importer_iso3": "MEX", "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": 1293037.8663599999, "importer_gdp_per_capita_usd": 9926.42261514624, "importer_population": 130262.222, "importer_biz_entry_days": 8.4, "importer_biz_entry_cost_pct": 15.2, "exporter_gdp_million_usd": 394086.419343, "exporter_gdp_per_capita_usd": 3548.828226706311, "avg_applied_tariff_pct": 13.60029642040404, "avg_mfn_tariff_pct": 13.60029642040404, "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/PHL-MEX/risk", "html": "https://www.yugalinks.com/trade/corridor/PHL-MEX/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/PHL-MEX/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/PHL-MEX/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/PHL-MEX/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" } }