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

2019

Overall Exports and Imports

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

Trade Indicator

HH Market concentration index0.10
Index of export market penetration8.20
World Growth-1.13
Country Growth-0.72

Service Indicators 2019

Service imports (BoP, current US$)28,224,651,933.72
Service exports (BoP, current US$)41,264,018,636.13
Imports of goods and services (% of GDP)40.46
Exports of goods and services (% of GDP)28.38

Philippines 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

Philippines Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials5,923 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

Top 5 Products exports imports at HS 6 digit level

Exports
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
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

Tariff and Trade Barriers for Philippines

Tariffs 2019

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

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)

2019 WDI »
Population106,651,922
GDP (current US$ Mil)376,823
GNI per capita, Atlas method (current US$)3,850.00
Trade Balance (current US$ Mil)-45,505.00
Trade Balance (% of GDP)-12.08

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