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

2016

Overall Exports and Imports

Exports
Exports (in US$ Mil) 56,313
No. Of products 2,784
No. Of partners 206
Imports
Imports (in US$ Mil) 85,909
No. Of products 4,542
No. Of partners 199

Trade Indicator

HH Market concentration index0.11
Index of export market penetration7.30
World Growth-4.43
Country Growth-2.34

Service Indicators 2016

Service imports (BoP, current US$)24,232,727,884.00
Service exports (BoP, current US$)31,357,240,326.00
Imports of goods and services (% of GDP)36.93
Exports of goods and services (% of GDP)27.97

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Japan11,674 20.73
United States8,671 15.40
Hong Kong, China6,583 11.69
China6,192 11.00
Singapore3,701 6.57
Exporter Trade (US$ Mil) Partner share(%)
China15,916 18.53
Japan10,196 11.87
United States7,681 8.94
Thailand6,726 7.83
Korea, Rep.5,623 6.54

Philippines Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,868 6.87 8,285 9.64 4.48
Intermediate goods5,581 9.91 18,545 21.59 1.24
Consumer goods12,711 22.57 22,178 25.82 3.91
Capital goods34,151 60.65 36,891 42.94 1.34

Top 5 Products exports imports at HS 6 digit level

Exports
Monolithic integrate ...12,514,649.42
Storage units, wheth ...3,070,234.68
Builders' joinery an ...2,399,526.76
Ignition wiring sets ...2,001,028.26
Input or output unit ...1,571,339.80
Imports
Parts of electronic ...7,399,768.42
Petroleum oils, etc, ...3,953,093.12
Parts and accessorie ...3,195,670.03
Petroleum oils and o ...2,905,140.98
Monolithic integrate ...2,535,714.96

Tariff and Trade Barriers for Philippines

Tariffs 2015

No. Of Tariff Agreement 8
Simple Average (%) 4.06
Duty Free Imports (US$ Thousand) 66,025,122.89
Maximum Rate (%) 65
Weighted Average (%) 2.31
Duty Free Tariff Lines Share (%) 37.34

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)

2016 WDI »
Population103,320,222
GDP (current US$ Mil)304,905
GNI per capita, Atlas method (current US$)3,580.00
Trade Balance (current US$ Mil)-27,346.00
Trade Balance (% of GDP)-8.97

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