Philippines Trade

Latest trade data available from various sources.

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

Country / Region
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.



Overall Exports and Imports

Exports (in US$ Mil) 65,214
No. Of products 2,768
No. Of partners 207
Imports (in US$ Mil) 95,067
No. Of products 4,251
No. Of partners 199

Trade Indicator

HH Market concentration index0.10
Index of export market penetration8.45
World Growth-3.91
Country Growth-3.86

Service Indicators 2020

Service imports (BoP, current US$)18,330,770,479.59
Service exports (BoP, current US$)31,410,399,359.39
Imports of goods and services (% of GDP)32.99
Exports of goods and services (% of GDP)25.19

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Japan10,034 15.39
United States10,026 15.37
China9,830 15.07
Hong Kong, China9,226 14.15
Singapore3,774 5.79
Exporter Trade (US$ Mil) Partner share(%)
China22,010 23.15
Japan9,219 9.70
United States7,404 7.79
Korea, Rep.7,243 7.62
Indonesia6,120 6.44

Philippines Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials5,692 8.73 8,804 9.26 3.39
Intermediate goods7,126 10.93 20,846 21.93 1.02
Consumer goods10,214 15.66 25,369 26.69 3.98
Capital goods42,121 64.59 40,035 42.11 0.45

Top 5 Products exports imports at HS 6 digit level

Monolithic integrate ...23,681,282.58
Parts and accessorie ...6,113,391.47
Ignition wiring sets ...1,912,108.23
Bananas, including p ...1,644,295.05
Copper cathodes and ...1,435,035.50
Monolithic integrate ...10,980,525.79
Petroleum oils, etc, ...4,554,620.15
Parts of electronic ...2,444,426.58
Parts and accessorie ...2,154,151.92
Transmission apparat ...2,122,084.13

Tariff and Trade Barriers for Philippines

Tariffs 2020

No. Of Tariff Agreement 11
Simple Average (%) 3.42
Duty Free Imports (US$ Thousand) 84,093,740.86
Maximum Rate (%) 65
Weighted Average (%) 1.67
Duty Free Tariff Lines Share (%) 47.51

Overall Trade Restrictiveness Index (OTRI) 2009

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

Services Service Policy Restrictive Database (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

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

World Development Indicators (WDI)

2020 WDI »
GDP (current US$ Mil)361,489
GNI per capita, Atlas method (current US$)3,430.00
Trade Balance (current US$ Mil)-28,191.00
Trade Balance (% of GDP)-7.80

Doing Business

2019 Doing Business »
Ease of Doing Business Rank95
Trading Across Borders Rank113

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.86
LPI Rank71