Philippines Trade Summary

2022 Data

Philippines exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 78,929
No. Of products: 2,818
No. Of partners: 204
Importsmore »
Imports (in US$ Mil): 145,880
No. Of products: 4,299
No. Of partners: 208

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...28,800,413.36
Parts and accessorie ...5,441,600.85
Ignition wiring sets ...2,377,915.60
Copper cathodes and ...1,897,214.50
Crude coconut (copra ...1,460,524.48
Imports (US$ Thousands)
Monolithic integrate ...14,575,107.71
Petroleum oils, etc, ...14,398,902.36
Other coal, not aggl ...5,213,627.94
Petroleum oils and o ...3,782,077.94
Parts of electronic ...2,727,768.25

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States12,477 15.81
Japan11,094 14.06
China10,966 13.89
Hong Kong, China10,479 13.28
Singapore4,909 6.22
Exporter Trade (US$ Mil) Partner share(%)
China29,796 20.43
Indonesia13,936 9.55
Japan13,086 8.97
Korea, Rep.12,730 8.73
United States9,691 6.64

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials6,839 8.67 19,765 13.55 3.62
Intermediate goods9,273 11.75 30,261 20.74 0.92
Consumer goods12,972 16.44 44,867 30.76 3.93
Capital goods49,790 63.08 50,974 34.94 0.39

Trade Indicators

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HH Market concentration index: 0.08
Index of export market penetration: 9.14
World Growth: 5.18
Country Growth: 7.01

Tariffs

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No Of Tariff Agreement: 12
Maximum Rate (%): 65
Simple Average (%): 3.95
Weighted Average (%): 1.76
Duty Free Imports (US$ Thousand): 102,413,200.91
Duty Free Tariff Lines Share (%): 46.77

Development Indicators

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GDP (current US$): 404,284
GNI per capita, Atlas method (current US$): 3,950.00
Trade Balance (% of GDP): -15.65
Trade Balance (current US$ Mil): -63,256.00
Trade in services (% of GDP): 16.45
Trade (% of GDP): 72.42