Philippines Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Philippines monthly trade data
Philippines quarterly trade data

TRADE SUMMARY FOR Philippines

2015

Overall Exports and Imports

Exports
Exports (in US$ Mil) 58,648
No. Of products 2,780
No. Of partners 205
Imports
Imports (in US$ Mil) 70,153
No. Of products 4,558
No. Of partners 196

Trade Indicator

HH Market concentration index0.11
Index of export market penetration7.91
World Growth-7.87
Country Growth-3.56

Service Indicators 2015

Service imports (BoP, current US$)23,610,210,252.00
Service exports (BoP, current US$)29,065,047,720.00
Imports of goods and services (% of GDP)34.85
Exports of goods and services (% of GDP)28.19

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Japan12,381 21.11
United States8,811 15.02
China6,393 10.90
Hong Kong, China6,199 10.57
Singapore3,650 6.22
Exporter Trade (US$ Mil) Partner share(%)
China11,478 16.36
United States7,629 10.88
Japan6,761 9.64
Other Asia, nes5,481 7.81
Singapore4,880 6.96

Philippines Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials4,006 6.83 8,270 11.79 3.54
Intermediate goods5,703 9.72 13,903 19.82 1.45
Consumer goods12,734 21.71 16,532 23.57 3.24
Capital goods36,002 61.39 31,016 44.21 1.44

Top 5 Products exports imports at HS 6 digit level

Exports
Monolithic integrate ...12,513,562.68
Storage units, wheth ...2,722,279.55
Builders' joinery an ...2,430,391.55
Ignition wiring sets ...2,091,044.49
Input or output unit ...1,913,386.31
Imports
Parts of electronic ...10,116,370.15
Petroleum oils and o ...3,952,411.51
Petroleum oils, etc, ...3,336,971.85
Parts and accessorie ...2,009,514.59
Monolithic integrate ...1,825,648.38

Tariff and Trade Barriers for Philippines

Tariffs 2013

No. Of Tariff Agreement 8
Simple Average (%) 3.95
Duty Free Imports (US$ Thousand) 62,779,779.37
Maximum Rate (%) 65
Weighted Average (%) 2.15
Duty Free Tariff Lines Share (%) 38.15

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff (2009)0.23
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.22

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All53.50

Non-Tariff Measures (NTM) 2015

No Of NTM Measures (2015)103
No Of NTM Affected Products (HS 6 Digit) (2015)5,204

Temporary Trade Barriers Database (TTDB) 2013

TTDB »
Temporary Trade Barriers in Effect - Simple Average (2013)0.08
Temporary Trade Barriers in Effect - Weighted Average (2013)0.05

World Development Indicators (WDI)

2015 WDI »
Population100,699,395
GDP (current US$ Mil)292,451
GNI per capita, Atlas method (current US$)3,550.00
Trade Balance (current US$ Mil)-19,468.00
Trade Balance (% of GDP)-6.66

Doing Business

2016 Doing Business »
Ease of Doing Business Rank99
Trading Across Borders Rank95

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2014 LPI »
LPI Score3
LPI Rank57