{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:17.161Z",
  "seo": {
    "title": "Philippines exports to Thailand: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Philippines to Thailand, 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": "THA",
    "country_name": "Thailand"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "PHL",
    "importer_iso3": "THA",
    "all_history_lane_count": 522,
    "current_lane_count": 407,
    "current_product_count": 407,
    "first_observed_last_year": 1995,
    "latest_data_year": 2024,
    "current_trade_usd": 3056849432.291047,
    "attention_trade_usd": 1005416092.2854048,
    "critical_trade_usd": 78747674.3286462,
    "high_volatility_trade_usd": 517647311.05392224,
    "unrecovered_drawdown_trade_usd": 409696124.94695157,
    "declining_demand_trade_usd": 1833030.2658947369,
    "concentrated_market_trade_usd": 680400073.7133285,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 3056849432.291047,
    "critical_lane_count": 4,
    "high_attention_lane_count": 132,
    "high_volatility_lane_count": 282,
    "unrecovered_drawdown_lane_count": 217,
    "declining_demand_lane_count": 2,
    "concentrated_market_lane_count": 233,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.8657480043346275,
    "trade_weighted_below_peak_pct": 29.182696218254197,
    "product_concentration_hhi": 992.4635513280041,
    "top1_product_share_pct": 23.290319555954643,
    "top3_product_share_pct": 48.46913447566752,
    "top_product_hs6": "847330",
    "top_product_trade_usd": 711950001.1249702,
    "top_product_description": "Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units",
    "top_attention_product_hs6": "870840",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 2210.01513671875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.055000003427267075,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 26.508596821151514,
    "avg_mfn_tariff_pct": 30.575456674545453,
    "avg_preferential_tariff_pct": 4.876343457393939,
    "tariff_advantage_pp": 25.699113217151513,
    "buyer_biz_entry_days": 6,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 505981.655622,
    "buyer_gdp_pc_latest": 7233,
    "buyer_population_latest": 69950.844,
    "buyer_gdp_5y_cagr_pct": -0.6503068707693682,
    "buyer_gdp_pc_5y_cagr_pct": -0.6907461577446372,
    "buyer_population_5y_cagr_pct": 0.0407205626975049,
    "buyer_investment_5y_avg_pct": 25.753999999999998,
    "buyer_savings_5y_avg_pct": 31.083999999999996,
    "buyer_macro_resilience_label": "Buyer economy and income contracted",
    "attention_trade_share_pct": 32.89059911373736,
    "critical_trade_share_pct": 2.5761057609444116,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "declining_buyer_demand",
      "concentrated_buyer_markets",
      "buyer_macro_weakness"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 505981.655622,
    "buyer_gdp_pc_2024": 7233,
    "buyer_population_2024": 69950.844
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 526324694.9368042,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 640178026.3301997,
      "yoy_growth_pct": 21.631766947029906,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 655786741.6024166,
      "yoy_growth_pct": 2.4381835411773523,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 593266633.9736896,
      "yoy_growth_pct": -9.533603481515806,
      "cagr_3y_pct": 4.0715586200636755
    },
    {
      "year": 1999,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 813773295.9766191,
      "yoy_growth_pct": 37.16822241055085,
      "cagr_3y_pct": 8.326378347406859
    },
    {
      "year": 2000,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1128197702.159762,
      "yoy_growth_pct": 38.6378378029471,
      "cagr_3y_pct": 19.82318507756087
    },
    {
      "year": 2001,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1248239264.5612826,
      "yoy_growth_pct": 10.640117611631329,
      "cagr_3y_pct": 28.139385981753584
    },
    {
      "year": 2002,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1069641972.1113753,
      "yoy_growth_pct": -14.307937389926495,
      "cagr_3y_pct": 9.541411790410281
    },
    {
      "year": 2003,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1290449332.9089525,
      "yoy_growth_pct": 20.643109241658088,
      "cagr_3y_pct": 4.580789369424587
    },
    {
      "year": 2004,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1388833730.3710241,
      "yoy_growth_pct": 7.624041870771636,
      "cagr_3y_pct": 3.6217220365705183
    },
    {
      "year": 2005,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1638811718.8855143,
      "yoy_growth_pct": 17.999129992883244,
      "cagr_3y_pct": 15.282541316903853
    },
    {
      "year": 2006,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1855995875.9622426,
      "yoy_growth_pct": 13.252538688484972,
      "cagr_3y_pct": 12.878704516798734
    },
    {
      "year": 2007,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1853802437.405654,
      "yoy_growth_pct": -0.11818121931178593,
      "cagr_3y_pct": 10.104329804423863
    },
    {
      "year": 2008,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1963032475.0581605,
      "yoy_growth_pct": 5.892215667024958,
      "cagr_3y_pct": 6.202027473796057
    },
    {
      "year": 2009,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 1495227498.963977,
      "yoy_growth_pct": -23.83073036427089,
      "cagr_3y_pct": -6.951347204542624
    },
    {
      "year": 2010,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 2041295345.9456072,
      "yoy_growth_pct": 36.52071991452759,
      "cagr_3y_pct": 3.2636485219374567
    },
    {
      "year": 2011,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 2245094263.360775,
      "yoy_growth_pct": 9.983803559830307,
      "cagr_3y_pct": 4.5768843080036925
    },
    {
      "year": 2012,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 2498335321.2793217,
      "yoy_growth_pct": 11.279751681315142,
      "cagr_3y_pct": 18.662770568607634
    },
    {
      "year": 2013,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 2225496249.810637,
      "yoy_growth_pct": -10.920834731223028,
      "cagr_3y_pct": 2.921713297695172
    },
    {
      "year": 2014,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 2431272235.3561525,
      "yoy_growth_pct": 9.24629666587955,
      "cagr_3y_pct": 2.691146707209935
    },
    {
      "year": 2015,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 2256644796.953792,
      "yoy_growth_pct": -7.182553885282184,
      "cagr_3y_pct": -3.3346504565645696
    },
    {
      "year": 2016,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 2395692502.757082,
      "yoy_growth_pct": 6.161701034694866,
      "cagr_3y_pct": 2.486832060204014
    },
    {
      "year": 2017,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 2927598728.3895397,
      "yoy_growth_pct": 22.2026084324392,
      "cagr_3y_pct": 6.388002077726895
    },
    {
      "year": 2018,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 3073494841.5653243,
      "yoy_growth_pct": 4.983473717248188,
      "cagr_3y_pct": 10.846783243639347
    },
    {
      "year": 2019,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 3079104004.68357,
      "yoy_growth_pct": 0.18250113982261063,
      "cagr_3y_pct": 8.725420235143977
    },
    {
      "year": 2020,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 3006039847.9064302,
      "yoy_growth_pct": -2.3729031778726206,
      "cagr_3y_pct": 0.8852623732449105
    },
    {
      "year": 2021,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 3564783640.7850213,
      "yoy_growth_pct": 18.587371463745917,
      "cagr_3y_pct": 5.067136428314667
    },
    {
      "year": 2022,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 3564373567.328199,
      "yoy_growth_pct": -0.01150345990512669,
      "cagr_3y_pct": 4.999271351001555
    },
    {
      "year": 2023,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 3045948373.546664,
      "yoy_growth_pct": -14.544636918350239,
      "cagr_3y_pct": 0.44059303718189113
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "export_value_usd": 3093470380.203,
      "yoy_growth_pct": 1.560171113504527,
      "cagr_3y_pct": -4.617010799760857
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "847330",
      "hs_description": "Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units",
      "buyer_imports_latest_usd": 3759249289.268735,
      "current_below_peak_pct": 14.848147842620024,
      "lane_volatility_cv": 0.564699562264643,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "740311",
      "hs_description": "Copper: refined, unwrought, cathodes and sections of cathodes",
      "buyer_imports_latest_usd": 2822833707.919276,
      "current_below_peak_pct": 22.73421935474143,
      "lane_volatility_cv": 0.9327318764428956,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "854239",
      "hs_description": "Electronic integrated circuits: n.e.c. in heading no. 8542",
      "buyer_imports_latest_usd": 11175811259.396873,
      "current_below_peak_pct": 38.387218374169144,
      "lane_volatility_cv": 0.7915095780292849,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "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": 7262816264.841843,
      "current_below_peak_pct": 22.59929609277406,
      "lane_volatility_cv": 0.7259962803216513,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "870840",
      "hs_description": "Vehicles: parts, gear boxes",
      "buyer_imports_latest_usd": 1803892710.9198642,
      "current_below_peak_pct": 48.927936633431564,
      "lane_volatility_cv": 0.5178204830861689,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "270900",
      "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude",
      "buyer_imports_latest_usd": 28414116761.40513,
      "current_below_peak_pct": 71.32742086447304,
      "lane_volatility_cv": 0.43846142919934056,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "240220",
      "hs_description": "Cigarettes: containing tobacco",
      "buyer_imports_latest_usd": 264736120.24815106,
      "current_below_peak_pct": 36.14992961069062,
      "lane_volatility_cv": 0.5865644283151213,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "900150",
      "hs_description": "Lenses, spectacle: unmounted, of materials other than glass",
      "buyer_imports_latest_usd": 280391823.1124993,
      "current_below_peak_pct": 12.99722081275115,
      "lane_volatility_cv": 0.9258960825355262,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "854129",
      "hs_description": "Electrical apparatus: transistors, (other than photosensitive), with a dissipation rate of 1W or more",
      "buyer_imports_latest_usd": 646996362.5577929,
      "current_below_peak_pct": 18.3646879132175,
      "lane_volatility_cv": 0.9211575695669237,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "PHL",
      "importer_iso3": "THA",
      "hs_code": "903289",
      "hs_description": "Regulating or controlling instruments and apparatus: automatic, other than hydraulic or pneumatic",
      "buyer_imports_latest_usd": 918517378.521884,
      "current_below_peak_pct": 22.89987874465562,
      "lane_volatility_cv": 0.7635282806016226,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "buyer_macro_weakness"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "PHL",
    "importer_iso3": "THA",
    "distance_km": 2210,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 1,
    "rta_coverage_ratio": 2,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 505981.655622,
    "importer_gdp_per_capita_usd": 7233.388858353161,
    "importer_population": 69950.844,
    "importer_biz_entry_days": 6,
    "importer_biz_entry_cost_pct": 3,
    "exporter_gdp_million_usd": 394086.419343,
    "exporter_gdp_per_capita_usd": 3548.828226706311,
    "avg_applied_tariff_pct": 26.508596821151514,
    "avg_mfn_tariff_pct": 30.575456674545453,
    "avg_preferential_tariff_pct": 4.876343457393939,
    "tariff_advantage_pp": 25.699113217151513
  },
  "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-THA/risk",
    "html": "https://www.yugalinks.com/trade/corridor/PHL-THA/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/PHL-THA/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/PHL-THA/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/PHL-THA/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"
  }
}