Philippines Trade

Overall Exports and Imports for Philippines 2021

The total value of exports (FOB) is US$ 74,620 million.
The total value of imports (CIF) is US$ 124,390 million.
At the HS6 digit level, 2,830 products are exported to 200 countries and 4,316 products are imported from 205 countries.

Top 5 Products exports imports at HS 6 digit level 2021

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$ 23,967,177.48 million.
Philippines exported Parts and accessories of automatic data process , worth US$ 7,149,092.78 million.
Philippines exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 2,327,176.97 million.
Philippines exported Copper cathodes and sections of cathodes unwrou , worth US$ 2,080,853.83 million.
Philippines exported Nickel ores and concentrates , worth US$ 1,455,948.58 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$ 12,300,466.88 million.
Philippines imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 9,322,830.05 million.
Philippines imported Parts of electronic integrated circuits and mic , worth US$ 3,156,740.11 million.
Philippines imported Parts and accessories of automatic data process , worth US$ 2,846,847.03 million.
Philippines imported Other coal, not agglomerated, nes , worth US$ 2,456,023.00 million.

Philippines top 5 Export and Import partners 2021

The top five countries to which Philippines exported 2021 along with the partner share in percentage are:

Philippines exports to United States worth US$ 11,859 million, with a partner share of 15.89 percent.
Philippines exports to China worth US$ 11,531 million, with a partner share of 15.45 percent.
Philippines exports to Japan worth US$ 10,722 million, with a partner share of 14.37 percent.
Philippines exports to Hong Kong, China worth US$ 9,932 million, with a partner share of 13.31 percent.
Philippines exports to Singapore worth US$ 4,195 million, with a partner share of 5.62 percent.

The top five countries to which Philippines imported goods 2021 along with the share in percentage are

Philippines imports from China worth US$ 28,210 million, with a partner share of 22.68 percent.
Philippines imports from Japan worth US$ 11,832 million, with a partner share of 9.51 percent.
Philippines imports from Korea, Rep. worth US$ 9,630 million, with a partner share of 7.74 percent.
Philippines imports from Indonesia worth US$ 9,030 million, with a partner share of 7.26 percent.
Philippines imports from United States worth US$ 8,278 million, with a partner share of 6.65 percent.

Philippines Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.

Philippines Raw materials exports are worth US$ 6,152 million, product share of 8.24%.
Philippines Raw materials imports are worth US$ 12,502 million, product share of 10.05%.
Philippines Intermediate goods exports are worth US$ 8,843 million, product share of 11.85%.
Philippines Intermediate goods imports are worth US$ 28,487 million, product share of 22.90%.
Philippines Consumer goods exports are worth US$ 12,445 million, product share of 16.68%.
Philippines Consumer goods imports are worth US$ 35,668 million, product share of 28.67%.
Philippines Capital goods exports are worth US$ 47,105 million, product share of 63.13%.
Philippines Capital goods imports are worth US$ 47,720 million, product share of 38.36%.