Philippines Trade

Overall Exports and Imports for Philippines 2022

The total value of exports (FOB) is US$ 78,929 million.
The total value of imports (CIF) is US$ 145,880 million.
At the HS6 digit level, 2,818 products are exported to 204 countries and 4,299 products are imported from 208 countries.

Top 5 Products exports imports at HS 6 digit level 2022

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 28,800,413.36 (US$ Thousands).
Philippines exported Parts and accessories of automatic data process , worth 5,441,600.85 (US$ Thousands).
Philippines exported Ignition wiring sets&oth wiring sets of a kind , worth 2,377,915.60 (US$ Thousands).
Philippines exported Copper cathodes and sections of cathodes unwrou , worth 1,897,214.50 (US$ Thousands).
Philippines exported Crude coconut (copra) oil and fractions thereof , worth 1,460,524.48 (US$ Thousands).

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

Philippines imported Monolithic integrated circuits, digital , worth 14,575,107.71 (US$ Thousands).
Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth 14,398,902.36 (US$ Thousands).
Philippines imported Other coal, not agglomerated, nes , worth 5,213,627.94 (US$ Thousands).
Philippines imported Petroleum oils and oils obtained from bituminou , worth 3,782,077.94 (US$ Thousands).
Philippines imported Parts of electronic integrated circuits and mic , worth 2,727,768.25 (US$ Thousands).

Philippines top 5 Export and Import partners 2022

The top five countries to which Philippines exported 2022 along with the partner share in percentage are:

Philippines exports to United States worth US$ 12,477 million, with a partner share of 15.81 percent.
Philippines exports to Japan worth US$ 11,094 million, with a partner share of 14.06 percent.
Philippines exports to China worth US$ 10,966 million, with a partner share of 13.89 percent.
Philippines exports to Hong Kong, China worth US$ 10,479 million, with a partner share of 13.28 percent.
Philippines exports to Singapore worth US$ 4,909 million, with a partner share of 6.22 percent.

The top five countries to which Philippines imported goods 2022 along with the share in percentage are

Philippines imports from China worth US$ 29,796 million, with a partner share of 20.43 percent.
Philippines imports from Indonesia worth US$ 13,936 million, with a partner share of 9.55 percent.
Philippines imports from Japan worth US$ 13,086 million, with a partner share of 8.97 percent.
Philippines imports from Korea, Rep. worth US$ 12,730 million, with a partner share of 8.73 percent.
Philippines imports from United States worth US$ 9,691 million, with a partner share of 6.64 percent.

Philippines Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.

Philippines Raw materials exports are worth US$ 6,839 million, product share of 8.67%.
Philippines Raw materials imports are worth US$ 19,765 million, product share of 13.55%.
Philippines Intermediate goods exports are worth US$ 9,273 million, product share of 11.75%.
Philippines Intermediate goods imports are worth US$ 30,261 million, product share of 20.74%.
Philippines Consumer goods exports are worth US$ 12,972 million, product share of 16.44%.
Philippines Consumer goods imports are worth US$ 44,867 million, product share of 30.76%.
Philippines Capital goods exports are worth US$ 49,790 million, product share of 63.08%.
Philippines Capital goods imports are worth US$ 50,974 million, product share of 34.94%.