Philippines Trade Summary

2019 Data

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

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): 70,927
No. Of products: 2,971
No. Of partners: 211
Importsmore »
Imports (in US$ Mil): 117,247
No. Of products: 4,347
No. Of partners: 187

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...21,857,212.11
Parts and accessorie ...7,553,356.13
Ignition wiring sets ...2,346,944.36
Bananas, including p ...1,953,844.66
Gold in unwrought fo ...1,391,066.41
Imports (US$ Thousands)
Monolithic integrate ...10,472,450.38
Petroleum oils, etc, ...7,626,012.72
Petroleum oils and o ...3,511,794.70
Parts of electronic ...2,842,095.28
Parts and accessorie ...2,662,073.64

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States11,574 16.32
Japan10,675 15.05
China9,814 13.84
Hong Kong, China9,625 13.57
Singapore3,832 5.40
Exporter Trade (US$ Mil) Partner share(%)
China26,756 22.82
Japan11,218 9.57
Korea, Rep.8,760 7.47
United States8,556 7.30
Indonesia7,299 6.23

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials5,923 8.35 11,679 9.96 3.43
Intermediate goods7,680 10.83 25,354 21.62 1.03
Consumer goods12,244 17.26 32,967 28.12 3.96
Capital goods45,078 63.56 47,236 40.29 0.46

Trade Indicators

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HH Market concentration index: 0.10
Index of export market penetration: 8.20
World Growth: -1.13
Country Growth: -0.72

Tariffs

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No Of Tariff Agreement: 8
Maximum Rate (%): 65
Simple Average (%): 3.54
Weighted Average (%): 1.68
Duty Free Imports (US$ Thousand): 83,746,785.65
Duty Free Tariff Lines Share (%): 47.91

Development Indicators

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GDP (current US$): 376,796
GNI per capita, Atlas method (current US$): 3,850.00
Trade Balance (% of GDP): -11.93
Trade Balance (current US$ Mil): -44,940.00
Trade in services (% of GDP): 18.36
Trade (% of GDP): 68.61