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Philippines Trade Summary

2007

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 2007

Overall Exports and Imports for Philippines 2007

Exports and imports of Philippines in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 50,466 million.
  • The total value of imports (CIF) was 57,996 million.
  • At the HS6 digit level, 2,620 products were exported to 187 countries and 4,470 products were imported from 156 countries.

Philippines top 5 Export and Import partners 2007

Top five countries to which Philippines exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Philippines exports to United States worth US$ 8,601 million, with a partner share of 17.04 percent.
  2. Philippines exports to Japan worth US$ 7,304 million, with a partner share of 14.47 percent.
  3. Philippines exports to Hong Kong, China worth US$ 5,804 million, with a partner share of 11.50 percent.
  4. Philippines exports to China worth US$ 5,750 million, with a partner share of 11.39 percent.
  5. Philippines exports to Netherlands worth US$ 4,150 million, with a partner share of 8.22 percent.

Top five countries from which Philippines imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Philippines imports from United States worth US$ 8,115 million, with a partner share of 13.99 percent.
  2. Philippines imports from Japan worth US$ 7,219 million, with a partner share of 12.45 percent.
  3. Philippines imports from Singapore worth US$ 6,411 million, with a partner share of 11.05 percent.
  4. Philippines imports from China worth US$ 4,233 million, with a partner share of 7.30 percent.
  5. Philippines imports from Other Asia, nes worth US$ 4,191 million, with a partner share of 7.23 percent.

Philippines Top 5 Productsexports imports at HS 6 digit level 2007

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 11,715,003.68 (US$ Thousands).
  2. Philippines exported Input or output units, whether or not presented , worth 4,608,658.47 (US$ Thousands).
  3. Philippines exported Monolithic integrated circuits, digital , worth 3,453,384.60 (US$ Thousands).
  4. Philippines exported Storage units, whether or not presented with th , worth 2,082,554.12 (US$ Thousands).
  5. Philippines exported Parts and accessories of automatic data process , worth 1,928,052.53 (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 12,432,717.61 (US$ Thousands).
  2. Philippines imported Petroleum oils and oils obtained from bituminou , worth 5,831,983.47 (US$ Thousands).
  3. Philippines imported Parts and accessories of automatic data process , worth 4,847,378.95 (US$ Thousands).
  4. Philippines imported Monolithic integrated circuits, nes , worth 3,488,003.39 (US$ Thousands).
  5. Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth 2,976,911.91 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Philippines in 2007 are below

  • The maximum rate of tariff in percentage on any product was 65 percent.
  • The simple average tariff across all products was 5.03 percent.
  • The trade weighted average tariff was 2.78 .
  • The total duty free imports in thousands of US dollars were 27,675,983.07 and duty free tariff line items share was 13.01 percent.

Development Indicators 2007

Key Development Indicators of Philippines in 2007 are below

  • Philippines GDP in current US dollar was 155,980 million.
  • GNI per capita, Atlas method (current US$) was 1,710.00 .
  • Philippines Trade balance: as % of GDP was 2.38.
  • Trade balance in current US$ was 3,718.00 million.
  • Trade as percentage of GDP was 73.65 .
  • Trade in services as percentage of GDP was 13.49 .

Trade Indicators 2007

Trade Indicators for Philippines in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 7.91.
  • World Growth in percentage was 7.58 and Philippines Country Growth was 4.42 .