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Philippines Trade at a Glance : Most Recent Values

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

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

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

Overall Exports and Imports for Philippines 2017

  • The total value of exports (FOB) is US$ 68,713 million.
  • The total value of imports (CIF) is US$ 101,889 million.
  • At the HS6 digit level, 2,883 products are exported to 209 countries and 4,350 products are imported from 193 countries.

Top 5 Products exports imports at HS 6 digit level 2017

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

  • Philippines exported Monolithic integrated circuits, nes , worth US$ 13,657,725.71 million.
  • Philippines exported Parts of electrical machines & apparatus having , worth US$ 7,146,396.03 million.
  • Philippines exported Storage units, whether or not presented with th , worth US$ 3,324,185.44 million.
  • Philippines exported Input or output units, whether or not presented , worth US$ 2,931,082.13 million.
  • Philippines exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 2,051,185.59 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$ 7,001,978.18 million.
  • Philippines imported Monolithic integrated circuits, nes , worth US$ 5,718,112.41 million.
  • Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 5,603,973.47 million.
  • Philippines imported Petroleum oils and oils obtained from bituminou , worth US$ 3,492,167.20 million.
  • Philippines imported Parts of printing machinery & machines for uses , worth US$ 3,005,357.78 million.

Philippines top 5 Export and Import partners 2017

The top five countries to which Philippines exported 2017 along with the partner share in percentage are:

  1. Philippines exports to Japan worth US$ 10,853 million, with a partner share of 15.80 percent.
  2. Philippines exports to United States worth US$ 9,667 million, with a partner share of 14.07 percent.
  3. Philippines exports to Hong Kong, China worth US$ 9,025 million, with a partner share of 13.13 percent.
  4. Philippines exports to China worth US$ 8,017 million, with a partner share of 11.67 percent.
  5. Philippines exports to Korea, Rep. worth US$ 4,333 million, with a partner share of 6.31 percent.

The top five countries to which Philippines imported goods 2017 along with the share in percentage are

  1. Philippines imports from China worth US$ 18,478 million, with a partner share of 18.14 percent.
  2. Philippines imports from Japan worth US$ 11,798 million, with a partner share of 11.58 percent.
  3. Philippines imports from Korea, Rep. worth US$ 8,820 million, with a partner share of 8.66 percent.
  4. Philippines imports from United States worth US$ 8,310 million, with a partner share of 8.16 percent.
  5. Philippines imports from Thailand worth US$ 7,065 million, with a partner share of 6.93 percent.

Philippines Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2017

Tariffs imposed by Philippines in 2017 are below.

  • The maximum rate of tariff in percentage on any product is 65.
  • The simple average tariff across all products is 3.70.
  • The trade weighted average tariff is 1.66.
  • The total duty free imports in thousands of US dollars are 72,513,079.98 and duty free tariff line items share is 37.55.

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) 2017

Key Development Indicators of Philippines in 2017 are below

WDI

Philippines Doing Business 2018

  • The ease of doing business rank for Philippines is 113.
  • The trade across border rank is 99.
Doing Business

Philippines Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

PhilippinesLogistics Performance Index (LPI) 2016

  • The LPI score for Philippines in 2016 is 2.86.
  • The LPI rank is 71.
LPI

Philippines Services Service Policy Restrictive Database (SPRD)

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