The Republic of China(Taiwan) and the Philippines, separated by the Batanes and Luzon Strait, are two neighboring countries sharing geographic proximity and traditional friendship. Both countries also share similarities in freedom and democracy. Taiwan and the Philippines have long been maintaining close and substantive relations.
Taiwan-Philippines bilateral trade volume reached US$12 billion in 2013. In 2013, Taiwan's export to the Philippines totaled US$9.78 billion dollars while Taiwan's import from the Philippines reached a total of US$2.2 billion dollars. The Philippines was the 7th largest export partner and the 24th largest import partner to Taiwan. Taiwan was the 6th largest trading partner to the Philippines, while the Philippines was ranked the 11th largest trading partner to Taiwan in 2013.
The aggregated investment value from Taiwan since 1959 in the Philippines has amounted to US$2 billion. Taiwan is also the 10th largest foreign investor in the Philippines in 2013
Visitors from Taiwan traveling to the Philippines reached 139,099 in 2013, and made Taiwan the 7th largest tourist source country to the Philippines.
Taiwan was the Philippines' 7th top destination country for Overseas Filipino Workers (OFWs) in 2013. The Filipino workers in Taiwan were the third largest workforce in 2013. Currently, there are more than 93,000 Filipino workers and migrants in Taiwan. The annual remittance from Filipino workers in Taiwan can be amounted to US$650 million.
The air-links between Taipei/Kaohsiung and Manila are daily operated by China Airlines, Eva Air, Philippine Airlinesm, Cebu Pacific Air, and Air Asia, while other city destinations (i.e. Cebu, Laoag, Kalibo) and connections are also available.
The mutual interactions and exchanges on other areas like culture, education, agriculture and aquaculture are vibrant.