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
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

2018

Overall Exports and Imports

Exports
Exports (in US$ Mil) 67,488
No. Of products 2,865
No. Of partners 203
Imports
Imports (in US$ Mil) 115,038
No. Of products 4,335
No. Of partners 194

Trade Indicator

HH Market concentration index0.10
Index of export market penetration8.46
World Growth3.50
Country Growth2.84

Service Indicators 2018

Service imports (BoP, current US$)26,788,965,530.00
Service exports (BoP, current US$)38,411,675,256.00
Imports of goods and services (% of GDP)44.37
Exports of goods and services (% of GDP)31.68

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States10,550 15.63
Hong Kong, China9,554 14.16
Japan9,474 14.04
China8,699 12.89
Singapore4,234 6.27
Exporter Trade (US$ Mil) Partner share(%)
China22,579 19.63
Korea, Rep.11,503 10.00
Japan11,397 9.91
United States8,297 7.21
Thailand7,948 6.91

Philippines Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials4,915 7.28 13,407 11.65 5.46
Intermediate goods7,641 11.32 24,815 21.57 1.24
Consumer goods11,156 16.53 29,411 25.57 4.15
Capital goods43,775 64.86 47,404 41.21 0.60

Top 5 Products exports imports at HS 6 digit level

Exports
Monolithic integrate ...13,429,647.41
Parts of electrical ...6,551,887.40
Storage units, wheth ...3,352,246.17
Input or output unit ...2,836,996.81
Ignition wiring sets ...1,689,674.35
Imports
Parts of electronic ...10,552,485.54
Monolithic integrate ...6,360,814.22
Petroleum oils, etc, ...6,092,069.43
Petroleum oils and o ...5,160,572.26
Aircraft nes of an u ...1,879,358.04

Tariff and Trade Barriers for Philippines

Tariffs 2018

No. Of Tariff Agreement 8
Simple Average (%) 4.05
Duty Free Imports (US$ Thousand) 44,960,428.03
Maximum Rate (%) 65
Weighted Average (%) 2.11
Duty Free Tariff Lines Share (%) 42.86

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)

2018 WDI »
Population106,651,922
GDP (current US$ Mil)330,910
GNI per capita, Atlas method (current US$)3,830.00
Trade Balance (current US$ Mil)-41,995.00
Trade Balance (% of GDP)-12.69

Doing Business

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

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.86
LPI Rank71