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Philippines Trade Summary

2003

Philippines exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR PHILIPPINES 2003

Overall Exports and Imports for Philippines 2003

Exports and imports of Philippines in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 36,231 million.
  • The total value of imports (CIF) was 42,576 million.
  • At the HS6 digit level, 2,721 products were exported to 204 countries and 4,453 products were imported from 185 countries.

Philippines top 5 Export and Import partners 2003

Top five countries to which Philippines exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Philippines exports to United States worth US$ 7,273 million, with a partner share of 20.07 percent.
  2. Philippines exports to Japan worth US$ 5,769 million, with a partner share of 15.92 percent.
  3. Philippines exports to Hong Kong, China worth US$ 3,094 million, with a partner share of 8.54 percent.
  4. Philippines exports to Netherlands worth US$ 2,922 million, with a partner share of 8.06 percent.
  5. Philippines exports to Other Asia, nes worth US$ 2,492 million, with a partner share of 6.88 percent.

Top five countries from which Philippines imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Philippines imports from United States worth US$ 9,293 million, with a partner share of 21.83 percent.
  2. Philippines imports from Japan worth US$ 8,295 million, with a partner share of 19.48 percent.
  3. Philippines imports from Singapore worth US$ 2,896 million, with a partner share of 6.80 percent.
  4. Philippines imports from Korea, Rep. worth US$ 2,695 million, with a partner share of 6.33 percent.
  5. Philippines imports from Other Asia, nes worth US$ 2,141 million, with a partner share of 5.03 percent.

Philippines Top 5 Productsexports imports at HS 6 digit level 2003

The top five exported HS 6 digit level products to world by Philippines along with trade value are:

  1. Philippines exported Electronic integrated circuits and microassembl , worth 10,145,326.34 (US$ Thousands).
  2. Philippines exported Monolithic integrated circuits, digital , worth 3,145,909.52 (US$ Thousands).
  3. Philippines exported Parts and accessories of automatic data process , worth 2,646,887.78 (US$ Thousands).
  4. Philippines exported Storage units, whether or not presented with th , worth 2,259,504.74 (US$ Thousands).
  5. Philippines exported Digital auto data process mach cntg in the same , worth 1,429,502.61 (US$ Thousands).

The top five imported HS 6 digit level products from world by Philippines along with trade value are

  1. Philippines imported Parts of electronic integrated circuits and mic , worth 11,940,189.12 (US$ Thousands).
  2. Philippines imported Parts and accessories of automatic data process , worth 3,931,259.75 (US$ Thousands).
  3. Philippines imported Petroleum oils and oils obtained from bituminou , worth 2,632,094.47 (US$ Thousands).
  4. Philippines imported Monolithic integrated circuits, digital , worth 2,097,139.51 (US$ Thousands).
  5. Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth 944,143.62 (US$ Thousands).

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Philippines in 2003 are below

  • The maximum rate of tariff in percentage on any product was 50 percent.
  • The simple average tariff across all products was 4.48 percent.
  • The trade weighted average tariff was 2.44 .
  • The total duty free imports in thousands of US dollars were 20,978,363.97 and duty free tariff line items share was 5.47 percent.

Development Indicators 2003

Key Development Indicators of Philippines in 2003 are below

  • Philippines GDP in current US dollar was 87,039 million.
  • GNI per capita, Atlas method (current US$) was 1,170.00 .
  • Philippines Trade balance: as % of GDP was -2.96.
  • Trade balance in current US$ was -2,580.00 million.
  • Trade as percentage of GDP was 87.57 .
  • Trade in services as percentage of GDP was 12.72 .

Trade Indicators 2003

Trade Indicators for Philippines in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 6.87.
  • World Growth in percentage was 7.11 and Philippines Country Growth was 6.14 .