Philippines Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Philippines monthly trade data
Philippines quarterly trade data

Country / Region
Year
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Philippines

2017

Overall Exports and Imports

Exports
Exports (in US$ Mil) 68,713
No. Of products 2,883
No. Of partners 209
Imports
Imports (in US$ Mil) 101,889
No. Of products 4,350
No. Of partners 193

Trade Indicator

HH Market concentration index0.11
Index of export market penetration7.30
World Growth1.50
Country Growth2.81

Service Indicators 2017

Service imports (BoP, current US$)26,635,280,038.13
Service exports (BoP, current US$)35,884,425,025.06
Imports of goods and services (% of GDP)40.88
Exports of goods and services (% of GDP)30.95

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Japan10,853 15.80
United States9,667 14.07
Hong Kong, China9,025 13.13
China8,017 11.67
Korea, Rep.4,333 6.31
Exporter Trade (US$ Mil) Partner share(%)
China18,478 18.14
Japan11,798 11.58
Korea, Rep.8,820 8.66
United States8,310 8.16
Thailand7,065 6.93

Philippines Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials4,641 6.75 11,713 11.50 3.17
Intermediate goods8,766 12.76 21,084 20.69 1.17
Consumer goods12,103 17.61 27,413 26.90 2.97
Capital goods43,203 62.88 41,679 40.91 0.83

Top 5 Products exports imports at HS 6 digit level

Exports
Monolithic integrate ...13,657,725.71
Parts of electrical ...7,146,396.03
Storage units, wheth ...3,324,185.44
Input or output unit ...2,931,082.13
Ignition wiring sets ...2,051,185.59
Imports
Parts of electronic ...7,001,978.18
Monolithic integrate ...5,718,112.41
Petroleum oils, etc, ...5,603,973.47
Petroleum oils and o ...3,492,167.20
Parts of printing ma ...3,005,357.78

Tariff and Trade Barriers for Philippines

Tariffs 2017

No. Of Tariff Agreement 8
Simple Average (%) 3.70
Duty Free Imports (US$ Thousand) 72,513,079.98
Maximum Rate (%) 65
Weighted Average (%) 1.66
Duty Free Tariff Lines Share (%) 37.55

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff (2009)0.23
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.22

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All53.50

Non-Tariff Measures (NTM) 2015

No Of NTM Measures (2015)103
No Of NTM Affected Products (HS 6 Digit) (2015)5,204

Temporary Trade Barriers Database (TTDB) 2013

TTDB »
Temporary Trade Barriers in Effect - Simple Average (2013)0.08
Temporary Trade Barriers in Effect - Weighted Average (2013)0.05

World Development Indicators (WDI)

2017 WDI »
Population103,320,222
GDP (current US$ Mil)313,595
GNI per capita, Atlas method (current US$)3,660.00
Trade Balance (current US$ Mil)-31,133.00
Trade Balance (% of GDP)-9.93

Doing Business

2018 Doing Business »
Ease of Doing Business Rank113
Trading Across Borders Rank99

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.86
LPI Rank71