# Is the Philippines helping Russia or Ukraine? The net is essentially zero

The Philippines' support for Ukraine since 2022: −€11m (<0.01% of one year's GDP: its aid, refugee hosting, private donations and its other parts of support, net of money flowing back). Russia kept €186m (0.05% of GDP) less than without the war. The net is 0.04% of a year's GDP toward Ukraine (likely from 0.06% toward Russia to 0.27% toward Ukraine; essentially zero).

[Open in the map →](https://warbalance.org/#PHL)

Toward Ukraine by

0.04% of a year's GDP since 2022

essentially zero

likely from 0.06% toward Russia to 0.27% toward Ukraine · €175m · ≈ <0.01%/yr

Bought less from Ukraine than without the war + cut Russia's earnings from trade = 0.04% of GDP toward Ukraine. Mostly less kept by Russia from trade.

Chance toward Ukraine: 75%; 100% of the other method choices agree.

Support for Ukraine

Bought less from Ukraine than without the war; below zero by

<0.01%

€11m

likely from 0.01% below zero to <0.01% above zero essentially zero

Russia's earnings from trade

Cut Russia's earnings from trade by

0.05%

€186m

likely from 0.06% toward Russia to 0.27% toward Ukraine essentially zero

Russia kept €186m (0.05% of GDP) less than without the war.

- Russia's gain: Russia kept 0.05% of GDP less (€186m; likely from 0.06% toward Russia to 0.27% toward Ukraine)
- The Philippines' own gain from trade with Russia: The Philippines kept <0.01% of GDP less from its trade with Russia (<€1m; about 0)

The two lines add up to Russia's earnings from trade; their ranges do not.

## Its story in short

- Bought 95% less from Russia What it bought from Russia, in euros at each year's prices: €583m in 2021, €30m in 2025. Only what Russia kept on it counts in the totals.
- Two different things added The net adds two different things: help given to Ukraine and the change in what Russia kept from trade. Much of what one country stopped buying, Russia sold to others.

## What decides this number

Chance toward Ukraine: 75%; 100% of the other method choices agree. Near zero, and not certain mostly because of the uncertain size of one part: Russia kept less from its oil bought via other countries. Here the size of the net is the finding, not its direction: likely from 0.06% toward Russia to 0.27% toward Ukraine.

## What makes up the number

Bought less from Ukraine than without the war; below zero by <0.01% · €11m

| Ukraine kept less from sales hereC | −<0.01% | €17m |
| --- | --- | --- |
| Its share of IMF and World Bank loansC | +<0.01% | €5m |

Cut Russia's earnings from trade by 0.05% · €186m

| Russia kept less from fuel and goods sold hereC | +0.05% | €188m |
| --- | --- | --- |
| Russia kept less from its oil bought via other countriesC | +<0.01% | €37m |
| Russia kept more from war-time fuel pricesC | −<0.01% | €35m |
| Russia kept more from services sold hereC | −<0.01% | €3m |
| The Philippines kept less from selling to RussiaC | +<0.01% | €3m |
| The Philippines kept more from services sold to RussiaC | −<0.01% | €3m |

+ toward Ukraine, − toward Russia (in support for Ukraine, − is money it earned back or bought less from Ukraine than without the war). Letters: A reported, B measured estimate, C modelled estimate, D rough indication.

## By year

The year with the largest net amount was 2025: +€84m. The yearly amounts are small against the range of the total, so their side from one year to the next is not a finding.

| Year | Support for Ukraine | Trade: toward Ukraine (+) / toward Russia (−) | Net | Net since 2022 |
| --- | --- | --- | --- | --- |
| [2022](https://warbalance.org/ukraine-aid-2022/) | −€4m | +€78m | +€74m | +0.02% |
| [2023](https://warbalance.org/ukraine-aid-2023/) | −€1m | −€12m | −€12m | +0.02% |
| [2024](https://warbalance.org/ukraine-aid-2024/) | −€1m | −€18m | −€18m | +0.01% |
| [2025](https://warbalance.org/ukraine-aid-2025/) | −€4m | +€89m | +€84m | +0.03% |
| [2026](https://warbalance.org/ukraine-aid-2026/)\* | −€2m | +€50m | +€48m | +0.04% |

Each year's amount: + toward Ukraine, − toward Russia. \*2026: to August.

## Support for Ukraine by type

The Philippines' support for Ukraine, 2022 to August 2026, split by type. The parts add up to the map's figure.

| Military aid | – |
| --- | --- |
| Financial aid (incl. IMF and World Bank share) | €5mof which its share of IMF and World Bank lending: €5m |
| Private donations and purchases | −€17m |
| Support for Ukraine (the map's figure) | −€11m |

Quality of the split: A No military aid on record outside Kiel's tracker; this does not mean that no military aid was given.

[Military aid to Ukraine, every country →](https://warbalance.org/military-aid-to-ukraine-by-country/)

## Trade with Russia before and after

It bought €0.58bn from Russia in 2021 and €30m in 2025 (−95%). It sold €0.10bn to Russia in 2021 and €52m in 2025 (−49%). Before the war (2018–2021), fuel was 15.3% of what it bought from Russia. For the Philippines: €35m paid above no-war prices, most of it in 2022. These are sales values at each year's prices; the totals count what the seller kept on them.

## What it bought from Russia, by fuel

The Philippines' purchases from Russia, 2022 to August 2026, by fuel: by its own customs records (CIF), on the map's basis (the Russian border price, FOB) and by CREA's tracker (ship data). The map's figure is the total on the map's basis.

| Fuel | Customs (CIF) | Map basis (FOB) | Tracker (CREA) | Quality |
| --- | --- | --- | --- | --- |
| Crude oil | €0.19bn | €92mrange €75m to €0.11bn | €0.16bn | C (estimate) |
| Oil products | €0.13bn | €0.12bnrange €97m to €0.13bn | €0.14bn | C (estimate) |
| Coal | €0.13bn | €85mrange €68m to €0.10bn | €0.17bn | C (estimate) |
| Other goods | €0.92bn | €0.67bn | – | – |
| All goods | €1.4bn | €0.96bn | – | – |

Quality by year: 2022: B, 2023: C, 2024: C, 2025: C, 2026, January to August: C. C and D are estimates.

[Every buyer, by fuel →](https://warbalance.org/russian-oil-gas-buyers/#by-fuel)

## Sanctions on Russia

We found no sanctions of the Philippines' own against Russia (checked 27 October 2026). This says nothing about whether firms there follow other countries' sanctions. Russia's list of “unfriendly” states does not name the Philippines. Checked 27 October 2026.

[Every country's sanctions on Russia →](https://warbalance.org/countries-with-sanctions-on-russia/#PHL)

## The cost of switching away from Russian energy

Replacing Russian energy cost it about €64m extra from 2022 (0.02% of one year's GDP). Russian oil bought at a war-time discount saved it about €42m. Neither is in the totals: shown for information.

## Compared with its neighbours and groups

Its direction is essentially zero, so the map's ranking gives it no number.

## How the number is backed

22 sources back its parts: 5 official statistics, 3 research reports, 0 press reports and 2 of this project's own estimates, plus 12 method inputs. By size, 0% of its parts are reported or measured (A–B), 100% modelled (C) and 0% rough indications (D).

### Data coverage

- Aid to Ukraine: estimated UN FTS and government reports
- Private donations: estimated national totals or a GDP-based estimate
- Services trade with Russia: estimated Eurostat, OECD-WTO and Bank of Russia data
- Refugee hosting: estimated modelled from refugees hosted per year
- Bought from Russia: reported reported 2021-2025
- Sold to Russia: estimated partner data plus an estimate of goods reaching Russia via third countries
- Bought from Ukraine: reported reported 2021-2025
- Sold to Ukraine: reported reported 2021-2025
- Energy switching cost: estimated modelled per fuel and month
- Company taxes in Russia: estimated allocated by company counts and investment

### Sources, by part

### Russia kept less from fuel and goods sold here C

- official · [UN Comtrade, IMF trade statistics and Eurostat: goods trade with Russia and Ukraine](https://comtradeapi.un.org/public/v1/preview/C/A/HS?period=2024&partnerCode=643&flowCode=M&cmdCode=TOTAL&customsCode=C00&motCode=0&partner2Code=0)
- research · [Russia's 2023 gasoline and diesel export ban: decree No. 1537 (21 Sep 2023), exemptions and the export volumes lost (Reuters/LSEG, Bloomberg/Vortexa, Interfax, Enerdata)](https://hydrocarbonprocessing.com/news/2023/10/russian-seaborne-diesel-exports-fell-by-20-in-early-october/)

### Russia kept less from its oil bought via other countries C

- official · [Fuel made from Russian crude, measured from the buyers' own records: India's and the buyers' monthly customs (UN Comtrade), Türkiye's crude by origin (EPDK), EU refiners' Russian crude (Eurostat), US imports (EIA), Cyprus's and Malta's energy imports by consigning country (Eurostat), Australian Petroleum Statistics](https://ec.europa.eu/eurostat/api/dissemination/statistics/1.0/data/nrg\_ti\_oil?geo=CY&geo=MT&siec=O4000&unit=THS\_T)
- official · [Fuel made from Russian crude, measured per buyer: the buyer's own customs imports of fuel by origin (UN Comtrade, DGCI&S) x the Russian share of each origin's crude (customs; CREA and KSE Institute refinery data) x crude content](https://comtradeapi.un.org/public/v1/preview/C/A/HS)

### Russia kept more from war-time fuel prices C

- own estimate · [War-time price windfall on Russian fuel: payments minus the same volume at the prices a no-war market expected (pre-invasion forecasts and futures: IMF, World Bank, EIA, ECB, ICE)](https://www.imf.org/-/media/files/publications/weo/2022/update/january/english/text.pdf)
- research · [Tanker shipping, insurance and ship sales serving Russian oil and LNG exports: CREA, KSE Institute, S&P Global, Windward, press reports](https://sanctions.kse.ua/wp-content/uploads/2026/08/ROT\_July-2026.pdf)

### Ukraine kept less from sales here C

- own estimate · [Purchases from Ukraine against what Ukraine could export: Ukraine's exports by product group and partner (UN Comtrade, State Customs Service of Ukraine), ECB exchange rates](https://comtradeapi.un.org/public/v1/preview/C/A/HS)

### Its share of IMF and World Bank loans C

- research · [Loans at economic value: Kiel loan terms (maturity, interest, grace), EU regulations, Ukraine's Eurobond yields; IMF, World Bank, EBRD and CEB lending by shareholding](https://www.kielinstitut.de/fileadmin/Dateiverwaltung/IfW-Publications/fis-import/bc5059ba-ef38-4f08-988a-746a03905a6c-Ukraine\_Support\_Tracker\_\_Release\_31.xlsx)

- official · [UN Comtrade, IMF trade statistics and Eurostat: goods trade with Russia and Ukraine](https://comtradeapi.un.org/public/v1/preview/C/A/HS?period=2024&partnerCode=643&flowCode=M&cmdCode=TOTAL&customsCode=C00&motCode=0&partner2Code=0)
- method input · [Price levels of what was traded with Russia and Ukraine (2019-2021 = 1): each buyer's own customs unit values per fuel and for other goods, benchmark indices (CREA, World Bank, Eurostat), gas contract prices; oil at the Russian port (FOB), outliers screened](https://comtradeapi.un.org/public/v1/preview/C/A/HS?period=2023&partnerCode=643&cmdCode=TOTAL&flowCode=M)
- method input · [Expected trade without the war: models back-tested on 2008, 2013 and 2016 against holding 2021 flat (UN Comtrade, World Bank WDI and commodity prices, UN voting)](https://comtradeapi.un.org/public/v1/preview/C/A/HS?period=2021&partnerCode=643&flowCode=X&cmdCode=TOTAL)
- method input · [Ranges of the 2022-2026 total measured on the back-tests' cumulative errors; own bands tested on their own history for Mongolia, Yemen, Tajikistan, Moldova, Türkiye, Kenya, Peru and French Polynesia](https://comtradeapi.un.org/public/v1/preview/C/A/HS?reporterCode=498&period=2019&flowCode=M&partnerCode=643&cmdCode=99,2711,27,31,TOTAL)
- method input · [Russia's net gain per euro of exports (taxes plus profit above a normal return): Russian Finance Ministry, company reports, IEA, Rosstat](https://minfin.gov.ru/ru/statistics/fedbud/oil)
- research · [Russia's 2023 gasoline and diesel export ban: decree No. 1537 (21 Sep 2023), exemptions and the export volumes lost (Reuters/LSEG, Bloomberg/Vortexa, Interfax, Enerdata)](https://hydrocarbonprocessing.com/news/2023/10/russian-seaborne-diesel-exports-fell-by-20-in-early-october/)
- method input · [net-gain shares from official sector profitability (Russia: FNS/Rosstat by OKVED-2 activity; Ukraine: Derzhstat by KVED division), export duties collected and company results](https://www.consultant.ru/document/cons\_doc\_LAW\_55729/df3929054ebc0ff6d666accad51e6fedca8c75fe/)
- method input · [refugee hosting budgets, remittance mirror shares, national donation totals, Hong Kong gold 2026 and OECD ITIC freight margins](https://www.oecd.org/content/dam/oecd/en/publications/reports/2022/10/international-migration-outlook-2022\_140ace0e/30fe16d2-en.pdf)
- official · [Fuel made from Russian crude, measured from the buyers' own records: India's and the buyers' monthly customs (UN Comtrade), Türkiye's crude by origin (EPDK), EU refiners' Russian crude (Eurostat), US imports (EIA), Cyprus's and Malta's energy imports by consigning country (Eurostat), Australian Petroleum Statistics](https://ec.europa.eu/eurostat/api/dissemination/statistics/1.0/data/nrg\_ti\_oil?geo=CY&geo=MT&siec=O4000&unit=THS\_T)
- official · [Fuel made from Russian crude, measured per buyer: the buyer's own customs imports of fuel by origin (UN Comtrade, DGCI&S) x the Russian share of each origin's crude (customs; CREA and KSE Institute refinery data) x crude content](https://comtradeapi.un.org/public/v1/preview/C/A/HS)
- own estimate · [War-time price windfall on Russian fuel: payments minus the same volume at the prices a no-war market expected (pre-invasion forecasts and futures: IMF, World Bank, EIA, ECB, ICE)](https://www.imf.org/-/media/files/publications/weo/2022/update/january/english/text.pdf)
- research · [Tanker shipping, insurance and ship sales serving Russian oil and LNG exports: CREA, KSE Institute, S&P Global, Windward, press reports](https://sanctions.kse.ua/wp-content/uploads/2026/08/ROT\_July-2026.pdf)
- method input · [Expected trade with Ukraine without the war: rolling back-tests on Ukraine's own history and on analogue partners (IMF WEO vintages, IMF DOTS)](https://db.nomics.world/IMF/DOT)
- method input · [Ukraine's net gain per euro of exports (taxes plus profit above a normal return): Ukrstat, company reports, KSE Institute](https://stat.gov.ua/sites/default/files/2026-09/yearbook\_24e.pdf)
- own estimate · [Purchases from Ukraine against what Ukraine could export: Ukraine's exports by product group and partner (UN Comtrade, State Customs Service of Ukraine), ECB exchange rates](https://comtradeapi.un.org/public/v1/preview/C/A/HS)
- research · [Loans at economic value: Kiel loan terms (maturity, interest, grace), EU regulations, Ukraine's Eurobond yields; IMF, World Bank, EBRD and CEB lending by shareholding](https://www.kielinstitut.de/fileadmin/Dateiverwaltung/IfW-Publications/fis-import/bc5059ba-ef38-4f08-988a-746a03905a6c-Ukraine\_Support\_Tracker\_\_Release\_31.xlsx)
- official · [Services trade with Russia (tourism, transport, business services): Eurostat, OECD-WTO BaTiS, Bank of Russia](https://sdmx.oecd.org/public/rest/data/OECD.SDD.TPS,DSD\_BATIS@DF\_BATIS,1.0/.RUS...S...?startPeriod=2010&endPeriod=2021)
- official · [GDP gaps (UNSD, UN WPP, CEPAL), Russia's import gap by country of origin, Hong Kong gold composition](https://population.un.org/wpp/assets/Excel%20Files/1\_Indicator%20%28Standard%29/EXCEL\_FILES/1\_General/WPP2024\_GEN\_F01\_DEMOGRAPHIC\_INDICATORS\_COMPACT.xlsx)
- method input · [Checks against national and trade statistics: UAE gold and fuel, undisclosed aid, Russia's import-statistics gap, trend windows, border-priced imports](https://www.swissaid.ch/en/media/united-arab-emirates-more-than-ever-a-hub-for-conflict-gold/)
- method input · [Genuinely extra share of money earned: production ramp-ups and trade-redirection studies; value kept in the economy (the earlier rule): OECD Trade in Value Added (TiVA, 2025 edition)](https://sdmx.oecd.org/sti-public/rest/data/OECD.STI.PIE,DSD\_TIVA\_MAINSH@DF\_MAINSH,1.1/EXGR\_DVA..BTE+C+C19+C25+C26+C28+C302T309+GTN+H50+I.W.PT\_EXGR.A?startPeriod=2018&format=csv)
- method input · [Sellers' net gain per euro of sales (taxes on production plus profit above a normal return of 5% a year above inflation after company tax, plus the country's risk premium): OECD STAN database, 2025 edition, by country and industry; Damodaran country risk premiums](https://sdmx.oecd.org/public/rest/data/OECD.STI.PIE,DSD\_STAN@DF\_STAN\_2025,1.0/A..C+C19+C25+C252+C26+C28+C30+C303+C304+H50+I+GTN+K+K65+\_T.P1+D29X39+B2A3N+B2A3G+P51C+D1.V.XDC?startPeriod=2017&endPeriod=2024&format=csv)
- method input · [money-rule and cost-view constants from data: firm-level redirection studies, Kiel item coding of EU-level military aid, lenders' funding costs, EU, UK and Canadian estimates of duties waived](https://web.archive.org/web/20230606033537/https://repec.iza.org/dp16146.pdf)

## Questions

### Why is the Philippines' net so small?

Its net is essentially zero: +0.04% of one year's GDP (likely from 0.06% toward Russia to 0.27% toward Ukraine). Near zero, and not certain mostly because of the uncertain size of one part: Russia kept less from its oil bought via other countries.

### Is the Philippines helping Russia?

In money terms the net is +0.04% of one year's GDP (likely from 0.06% toward Russia to 0.27% toward Ukraine; essentially zero). Chance toward Ukraine: 75%; 100% of the other method choices agree. Russia kept €186m (0.05% of GDP) less than without the war. The number counts money: weapons at their money value; votes, diplomacy and intent are not in it.

### Where do the numbers for the Philippines come from?

22 sources back its parts, 5 of them official statistics. By part: Russia kept less from fuel and goods sold here: [UN Comtrade, IMF trade statistics and Eurostat: goods trade with Russia and Ukraine](https://comtradeapi.un.org/public/v1/preview/C/A/HS?period=2024&partnerCode=643&flowCode=M&cmdCode=TOTAL&customsCode=C00&motCode=0&partner2Code=0); Russia kept less from its oil bought via other countries: [Fuel made from Russian crude, measured from the buyers' own records: India's and the buyers' monthly customs (UN Comtrade), Türkiye's crude by origin (EPDK), EU refiners' Russian crude (Eurostat), US imports (EIA), Cyprus's and Malta's energy imports by consigning country (Eurostat), Australian Petroleum Statistics](https://ec.europa.eu/eurostat/api/dissemination/statistics/1.0/data/nrg\_ti\_oil?geo=CY&geo=MT&siec=O4000&unit=THS\_T); Russia kept more from war-time fuel prices: [War-time price windfall on Russian fuel: payments minus the same volume at the prices a no-war market expected (pre-invasion forecasts and futures: IMF, World Bank, EIA, ECB, ICE)](https://www.imf.org/-/media/files/publications/weo/2022/update/january/english/text.pdf). The map's panel lists every one, with its documents.

### Does the Philippines have sanctions on Russia?

We found no sanctions of the Philippines' own against Russia (checked 27 October 2026). This says nothing about whether firms there follow other countries' sanctions. Russia's list of “unfriendly” states does not name the Philippines.

## Nearby in the ranking

Essentially zero

- [Costa Rica](https://warbalance.org/country/costa-rica/) · +0.06% · Essentially zero · +€45m · 69%
- [New Zealand](https://warbalance.org/country/new-zealand/) · +0.05% · Essentially zero · +€126m · 95%
- [Argentina](https://warbalance.org/country/argentina/) · +0.05% · Essentially zero · +€311m · 94%
- Philippines+0.04% · Essentially zero · +€175m · 75%
- [El Salvador](https://warbalance.org/country/el-salvador/) · +0.04% · Essentially zero · +€11m · 58%
- [Mexico](https://warbalance.org/country/mexico/) · +0.03% · Essentially zero · +€405m · 88%
- [Kazakhstan](https://warbalance.org/country/kazakhstan/) · +0.02% · Essentially zero · +€55m · 60%

## More about Philippines

### Its parts, ranked against other countries

- [Cost of replacing Russian energy](https://warbalance.org/cost-of-replacing-russian-energy/)
- [Share of IMF and World Bank lending to Ukraine](https://warbalance.org/imf-world-bank-lending-to-ukraine/)
- [Services sold to Russia](https://warbalance.org/services-sold-to-russia/)

### Every country, by year

- [2022](https://warbalance.org/ukraine-aid-2022/)
- [2023](https://warbalance.org/ukraine-aid-2023/)
- [2024](https://warbalance.org/ukraine-aid-2024/)
- [2025](https://warbalance.org/ukraine-aid-2025/)
- [2026](https://warbalance.org/ukraine-aid-2026/)
- [All topics](https://warbalance.org/topics/)

22 sources in all; the map's panel lists every one, with its documents. [Open in the map](https://warbalance.org/#PHL) · [How this is measured](https://warbalance.org/how-it-works/)

[Українська](https://warbalance.org/uk/country/philippines/)[Deutsch](https://warbalance.org/de/country/philippines/)[Français](https://warbalance.org/fr/country/philippines/)[Polski](https://warbalance.org/pl/country/philippines/)[Nederlands](https://warbalance.org/nl/country/philippines/)[Español](https://warbalance.org/es/country/philippines/)

Cite as: War Balance, figures to August 2026, https://warbalance.org/country/philippines/
