Philippines Trade

Overall Exports and Imports for Philippines 2020

The total value of exports (FOB) is US$ 65,214 million.
The total value of imports (CIF) is US$ 95,067 million.
At the HS6 digit level, 2,768 products are exported to 207 countries and 4,251 products are imported from 199 countries.

Top 5 Products exports imports at HS 6 digit level 2020

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$ 23,681,282.58 million.
Philippines exported Parts and accessories of automatic data process , worth US$ 6,113,391.47 million.
Philippines exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 1,912,108.23 million.
Philippines exported Bananas, including plantains, fresh or dried , worth US$ 1,644,295.05 million.
Philippines exported Copper cathodes and sections of cathodes unwrou , worth US$ 1,435,035.50 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$ 10,980,525.79 million.
Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 4,554,620.15 million.
Philippines imported Parts of electronic integrated circuits and mic , worth US$ 2,444,426.58 million.
Philippines imported Parts and accessories of automatic data process , worth US$ 2,154,151.92 million.
Philippines imported Transmission apparatus, for radioteleph incorpo , worth US$ 2,122,084.13 million.

Philippines top 5 Export and Import partners 2020

The top five countries to which Philippines exported 2020 along with the partner share in percentage are:

Philippines exports to Japan worth US$ 10,034 million, with a partner share of 15.39 percent.
Philippines exports to United States worth US$ 10,026 million, with a partner share of 15.37 percent.
Philippines exports to China worth US$ 9,830 million, with a partner share of 15.07 percent.
Philippines exports to Hong Kong, China worth US$ 9,226 million, with a partner share of 14.15 percent.
Philippines exports to Singapore worth US$ 3,774 million, with a partner share of 5.79 percent.

The top five countries to which Philippines imported goods 2020 along with the share in percentage are

Philippines imports from China worth US$ 22,010 million, with a partner share of 23.15 percent.
Philippines imports from Japan worth US$ 9,219 million, with a partner share of 9.70 percent.
Philippines imports from United States worth US$ 7,404 million, with a partner share of 7.79 percent.
Philippines imports from Korea, Rep. worth US$ 7,243 million, with a partner share of 7.62 percent.
Philippines imports from Indonesia worth US$ 6,120 million, with a partner share of 6.44 percent.

Philippines Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.

Philippines Raw materials exports are worth US$ 5,692 million, product share of 8.73%.
Philippines Raw materials imports are worth US$ 8,804 million, product share of 9.26%.
Philippines Intermediate goods exports are worth US$ 7,126 million, product share of 10.93%.
Philippines Intermediate goods imports are worth US$ 20,846 million, product share of 21.93%.
Philippines Consumer goods exports are worth US$ 10,214 million, product share of 15.66%.
Philippines Consumer goods imports are worth US$ 25,369 million, product share of 26.69%.
Philippines Capital goods exports are worth US$ 42,121 million, product share of 64.59%.
Philippines Capital goods imports are worth US$ 40,035 million, product share of 42.11%.