Philippines Trade

Latest trade data available from various sources.

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

Country / Region
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.



Overall Exports and Imports

Exports (in US$ Mil) 74,620
No. Of products 2,830
No. Of partners 200
Imports (in US$ Mil) 124,390
No. Of products 4,316
No. Of partners 205

Trade Indicator

HH Market concentration index0.10
Index of export market penetration9.26
World Growth12.59
Country Growth11.65

Service Indicators 2021

Service imports (BoP, current US$)19,531,184,172.76
Service exports (BoP, current US$)33,570,007,667.31
Imports of goods and services (% of GDP)37.73
Exports of goods and services (% of GDP)25.75

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States11,859 15.89
China11,531 15.45
Japan10,722 14.37
Hong Kong, China9,932 13.31
Singapore4,195 5.62
Exporter Trade (US$ Mil) Partner share(%)
China28,210 22.68
Japan11,832 9.51
Korea, Rep.9,630 7.74
Indonesia9,030 7.26
United States8,278 6.65

Philippines Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials6,152 8.24 12,502 10.05 5.54
Intermediate goods8,843 11.85 28,487 22.90 0.86
Consumer goods12,445 16.68 35,668 28.67 3.72
Capital goods47,105 63.13 47,720 38.36 0.35

Top 5 Products exports imports at HS 6 digit level

Monolithic integrate ...23,967,177.48
Parts and accessorie ...7,149,092.78
Ignition wiring sets ...2,327,176.97
Copper cathodes and ...2,080,853.83
Nickel ores and conc ...1,455,948.58
Monolithic integrate ...12,300,466.88
Petroleum oils, etc, ...9,322,830.05
Parts of electronic ...3,156,740.11
Parts and accessorie ...2,846,847.03
Other coal, not aggl ...2,456,023.00

Tariff and Trade Barriers for Philippines

Tariffs 2021

No. Of Tariff Agreement 11
Simple Average (%) 4.01
Duty Free Imports (US$ Thousand) 88,987,313.33
Maximum Rate (%) 65
Weighted Average (%) 1.73
Duty Free Tariff Lines Share (%) 45.54

Overall Trade Restrictiveness Index (OTRI) 2009

Overall Trade Restrictiveness Index - MFN Tariff (2009)0.23
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.22

Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index - Over All53.50

Non-Tariff Measures (NTM) 2015

No Of NTM Measures (2015)103
No Of NTM Affected Products (HS 6 Digit) (2015)5,204

Temporary Trade Barriers Database (TTDB) 2013

Temporary Trade Barriers in Effect - Simple Average (2013)0.08
Temporary Trade Barriers in Effect - Weighted Average (2013)0.05

World Development Indicators (WDI)

2021 WDI »
GDP (current US$ Mil)394,087
GNI per capita, Atlas method (current US$)3,550.00
Trade Balance (current US$ Mil)-47,214.00
Trade Balance (% of GDP)-11.98

Doing Business

2019 Doing Business »
Ease of Doing Business Rank95
Trading Across Borders Rank113

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.86
LPI Rank71