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Philippines Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Philippines monthly trade data
Philippines quarterly trade data

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

TRADE SUMMARY FOR Philippines

Overall Exports and Imports for Philippines 2016

  • The total value of exports (FOB) is US$ 56,313 million.
  • The total value of imports (CIF) is US$ 85,909 million.
  • At the HS6 digit level, 2,784 products are exported to 206 countries and 4,542 products are imported from 199 countries.

Top 5 Products exports imports at HS 6 digit level 2016

The top five exported HS 6 digit level products to world by Philippines along with trade value are:

  • Philippines exported Monolithic integrated circuits, digital , worth US$ 12,514,649.42 million.
  • Philippines exported Storage units, whether or not presented with th , worth US$ 3,070,234.68 million.
  • Philippines exported Builders' joinery and carpentry, of wood, nes , worth US$ 2,399,526.76 million.
  • Philippines exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 2,001,028.26 million.
  • Philippines exported Input or output units, whether or not presented , worth US$ 1,571,339.80 million.

The top five imported HS 6 digit level products from world by Philippines along with trade value are

  • Philippines imported Parts of electronic integrated circuits and mic , worth US$ 7,399,768.42 million.
  • Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,953,093.12 million.
  • Philippines imported Parts and accessories of automatic data process , worth US$ 3,195,670.03 million.
  • Philippines imported Petroleum oils and oils obtained from bituminou , worth US$ 2,905,140.98 million.
  • Philippines imported Monolithic integrated circuits, nes , worth US$ 2,535,714.96 million.

Philippines top 5 Export and Import partners 2016

The top five countries to which Philippines exported 2016 along with the partner share in percentage are:

  1. Philippines exports to Japan worth US$ 11,674 million, with a partner share of 20.73 percent.
  2. Philippines exports to United States worth US$ 8,671 million, with a partner share of 15.40 percent.
  3. Philippines exports to Hong Kong, China worth US$ 6,583 million, with a partner share of 11.69 percent.
  4. Philippines exports to China worth US$ 6,192 million, with a partner share of 11.00 percent.
  5. Philippines exports to Singapore worth US$ 3,701 million, with a partner share of 6.57 percent.

The top five countries to which Philippines imported goods 2016 along with the share in percentage are

  1. Philippines imports from China worth US$ 15,916 million, with a partner share of 18.53 percent.
  2. Philippines imports from Japan worth US$ 10,196 million, with a partner share of 11.87 percent.
  3. Philippines imports from United States worth US$ 7,681 million, with a partner share of 8.94 percent.
  4. Philippines imports from Thailand worth US$ 6,726 million, with a partner share of 7.83 percent.
  5. Philippines imports from Korea, Rep. worth US$ 5,623 million, with a partner share of 6.54 percent.

Philippines Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2015

Tariffs imposed by Philippines in 2015 are below.

  • The maximum rate of tariff in percentage on any product is 65.
  • The simple average tariff across all products is 4.06.
  • The trade weighted average tariff is 2.31.
  • The total duty free imports in thousands of US dollars are 66,025,122.89 and duty free tariff line items share is 37.34.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.22.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.23.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is 103.
  • No Of NTM Affected Products (HS 6 Digit) is 5,204.

Temporary Trade Barriers Database (TTDB) 2013.

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  • Temporary Trade Barriers in Effect - Simple Average for the year 2013 is 0.08.
  • Temporary Trade Barriers in Effect - Weighted Average for the year 2013 is 0.05.

Philippines World Development Indicators (WDI) 2016

Key Development Indicators of Philippines in 2016 are below

WDI

Philippines Doing Business 2016

  • The ease of doing business rank for Philippines is 99.
  • The trade across border rank is 95.
Doing Business

Philippines Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

PhilippinesLogistics Performance Index (LPI) 2014

  • The LPI score for Philippines in 2014 is 3.
  • The LPI rank is 57.
LPI

Philippines Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Philippines is 53.50.
SPRD