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Philippines Trade Summary

2008

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 2008

Overall Exports and Imports for Philippines 2008

Exports and imports of Philippines in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 49,078 million.
  • The total value of imports (CIF) was 60,420 million.
  • At the HS6 digit level, 2,458 products were exported to 184 countries and 4,419 products were imported from 158 countries.

Philippines top 5 Export and Import partners 2008

Top five countries to which Philippines exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Philippines exports to United States worth US$ 8,216 million, with a partner share of 16.74 percent.
  2. Philippines exports to Japan worth US$ 7,707 million, with a partner share of 15.70 percent.
  3. Philippines exports to China worth US$ 5,469 million, with a partner share of 11.14 percent.
  4. Philippines exports to Hong Kong, China worth US$ 4,987 million, with a partner share of 10.16 percent.
  5. Philippines exports to Netherlands worth US$ 3,708 million, with a partner share of 7.56 percent.

Top five countries from which Philippines imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Philippines imports from United States worth US$ 7,738 million, with a partner share of 12.81 percent.
  2. Philippines imports from Japan worth US$ 7,122 million, with a partner share of 11.79 percent.
  3. Philippines imports from Singapore worth US$ 6,218 million, with a partner share of 10.29 percent.
  4. Philippines imports from Saudi Arabia worth US$ 5,154 million, with a partner share of 8.53 percent.
  5. Philippines imports from China worth US$ 4,561 million, with a partner share of 7.55 percent.

Philippines Top 5 Productsexports imports at HS 6 digit level 2008

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 10,521,055.63 (US$ Thousands).
  2. Philippines exported Input or output units, whether or not presented , worth 3,752,903.76 (US$ Thousands).
  3. Philippines exported Monolithic integrated circuits, digital , worth 2,628,938.79 (US$ Thousands).
  4. Philippines exported Parts and accessories of automatic data process , worth 1,842,567.15 (US$ Thousands).
  5. Philippines exported Storage units, whether or not presented with th , worth 1,651,394.47 (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 8,578,315.26 (US$ Thousands).
  2. Philippines imported Petroleum oils and oils obtained from bituminou , worth 7,683,599.84 (US$ Thousands).
  3. Philippines imported Parts and accessories of automatic data process , worth 4,384,176.79 (US$ Thousands).
  4. Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth 3,875,146.04 (US$ Thousands).
  5. Philippines imported Monolithic integrated circuits, nes , worth 3,488,783.81 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Philippines in 2008 are below

  • The maximum rate of tariff in percentage on any product was 65 percent.
  • The simple average tariff across all products was 5.07 percent.
  • The trade weighted average tariff was 4.10 .
  • The total duty free imports in thousands of US dollars were 23,235,905.16 and duty free tariff line items share was 19.15 percent.

Development Indicators 2008

Key Development Indicators of Philippines in 2008 are below

  • Philippines GDP in current US dollar was 181,625 million.
  • GNI per capita, Atlas method (current US$) was 2,000.00 .
  • Philippines Trade balance: as % of GDP was -0.97.
  • Trade balance in current US$ was -1,757.00 million.
  • Trade as percentage of GDP was 67.68 .
  • Trade in services as percentage of GDP was 13.29 .

Trade Indicators 2008

Trade Indicators for Philippines in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 8.15.
  • World Growth in percentage was -59.29 and Philippines Country Growth was -2.78 .