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Philippines Trade Summary

2017

Philippines exports, imports, tariff by year.
Philippines monthly trade data
Philippines quarterly trade data

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 2017

Overall Exports and Imports for Philippines 2017

Exports and imports of Philippines in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 68,713 million.
  • The total value of imports (CIF) was 101,889 million.
  • At the HS6 digit level, 2,883 products were exported to 209 countries and 4,350 products were imported from 193 countries.

Philippines top 5 Export and Import partners 2017

Top five countries to which Philippines exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Philippines exports to Japan worth US$ 10,853 million, with a partner share of 15.80 percent.
  2. Philippines exports to United States worth US$ 9,667 million, with a partner share of 14.07 percent.
  3. Philippines exports to Hong Kong, China worth US$ 9,025 million, with a partner share of 13.13 percent.
  4. Philippines exports to China worth US$ 8,017 million, with a partner share of 11.67 percent.
  5. Philippines exports to Korea, Rep. worth US$ 4,333 million, with a partner share of 6.31 percent.

Top five countries from which Philippines imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Philippines imports from China worth US$ 18,478 million, with a partner share of 18.14 percent.
  2. Philippines imports from Japan worth US$ 11,798 million, with a partner share of 11.58 percent.
  3. Philippines imports from Korea, Rep. worth US$ 8,820 million, with a partner share of 8.66 percent.
  4. Philippines imports from United States worth US$ 8,310 million, with a partner share of 8.16 percent.
  5. Philippines imports from Thailand worth US$ 7,065 million, with a partner share of 6.93 percent.

Philippines Top 5 Productsexports imports at HS 6 digit level 2017

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

  1. Philippines exported Monolithic integrated circuits, nes , worth US$ 13,657,725.71 million.
  2. Philippines exported Parts of electrical machines & apparatus having , worth US$ 7,146,396.03 million.
  3. Philippines exported Storage units, whether or not presented with th , worth US$ 3,324,185.44 million.
  4. Philippines exported Input or output units, whether or not presented , worth US$ 2,931,082.13 million.
  5. Philippines exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 2,051,185.59 million.

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 US$ 7,001,978.18 million.
  2. Philippines imported Monolithic integrated circuits, nes , worth US$ 5,718,112.41 million.
  3. Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 5,603,973.47 million.
  4. Philippines imported Petroleum oils and oils obtained from bituminou , worth US$ 3,492,167.20 million.
  5. Philippines imported Parts of printing machinery & machines for uses , worth US$ 3,005,357.78 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Philippines in 2017 are below

  • The maximum rate of tariff in percentage on any product was 65 percent.
  • The simple average tariff across all products was 3.70 percent.
  • The trade weighted average tariff was 1.66 .
  • The total duty free imports in thousands of US dollars were 72,513,079.98 and duty free tariff line items share was 37.55 percent.

Development Indicators 2017

Key Development Indicators of Philippines in 2017 are below

  • Philippines GDP in current US dollar was 328,481 million.
  • GNI per capita, Atlas method (current US$) was 3,530.00 .
  • Philippines Trade balance: as % of GDP was -9.06.
  • Trade balance in current US$ was -29,773.00 million.
  • Trade as percentage of GDP was 68.17 .
  • Trade in services as percentage of GDP was 18.56 .

Trade Indicators 2017

Trade Indicators for Philippines in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 8.75.
  • World Growth in percentage was 5.68 and Philippines Country Growth was 7.74 .