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Philippines Trade

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 2019

  • The total value of exports (FOB) is US$ 70,927 million.
  • The total value of imports (CIF) is US$ 117,247 million.
  • At the HS6 digit level, 2,971 products are exported to 211 countries and 4,347 products are imported from 187 countries.

Top 5 Products exports imports at HS 6 digit level 2019

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$ 21,857,212.11 million.
  • Philippines exported Parts and accessories of automatic data process , worth US$ 7,553,356.13 million.
  • Philippines exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 2,346,944.36 million.
  • Philippines exported Bananas, including plantains, fresh or dried , worth US$ 1,953,844.66 million.
  • Philippines exported Gold in unwrought forms non-monetary , worth US$ 1,391,066.41 million.

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 US$ 10,472,450.38 million.
  • Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 7,626,012.72 million.
  • Philippines imported Petroleum oils and oils obtained from bituminou , worth US$ 3,511,794.70 million.
  • Philippines imported Parts of electronic integrated circuits and mic , worth US$ 2,842,095.28 million.
  • Philippines imported Parts and accessories of automatic data process , worth US$ 2,662,073.64 million.

Philippines top 5 Export and Import partners 2019

The top five countries to which Philippines exported 2019 along with the partner share in percentage are:

  1. Philippines exports to United States worth US$ 11,574 million, with a partner share of 16.32 percent.
  2. Philippines exports to Japan worth US$ 10,675 million, with a partner share of 15.05 percent.
  3. Philippines exports to China worth US$ 9,814 million, with a partner share of 13.84 percent.
  4. Philippines exports to Hong Kong, China worth US$ 9,625 million, with a partner share of 13.57 percent.
  5. Philippines exports to Singapore worth US$ 3,832 million, with a partner share of 5.40 percent.

The top five countries to which Philippines imported goods 2019 along with the share in percentage are

  1. Philippines imports from China worth US$ 26,756 million, with a partner share of 22.82 percent.
  2. Philippines imports from Japan worth US$ 11,218 million, with a partner share of 9.57 percent.
  3. Philippines imports from Korea, Rep. worth US$ 8,760 million, with a partner share of 7.47 percent.
  4. Philippines imports from United States worth US$ 8,556 million, with a partner share of 7.30 percent.
  5. Philippines imports from Indonesia worth US$ 7,299 million, with a partner share of 6.23 percent.

Philippines Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2019

Tariffs imposed by Philippines in 2019 are below.

  • The maximum rate of tariff in percentage on any product is 65.
  • The simple average tariff across all products is 3.54.
  • The trade weighted average tariff is 1.68.
  • The total duty free imports in thousands of US dollars are 83,746,785.65 and duty free tariff line items share is 47.91.

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) 2019

Key Development Indicators of Philippines in 2019 are below

WDI

Philippines Doing Business 2019

  • The ease of doing business rank for Philippines is 95.
  • The trade across border rank is 113.
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