Exporter Rank

44 / 146

Importer Rank

33 / 145

Trade Balance Rank

138 / 145

Total Trade [1]

Total Exports (2016) $56,312,747,948
Total Imports (2016) $85,908,572,116
Trade Balance (2016) ($29,595,824,168)
Exports of goods and services (% of GDP) (2016) [2] 27.97%
Imports of goods and services (% of GDP) (2016) [2] 36.93%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Japan $11,674,107,668
United States $8,670,654,131
Hong Kong $6,582,766,881
China $6,192,432,904
Singapore $3,700,590,526
Germany $2,293,130,298
Thailand $2,130,029,017
South Korea $2,095,041,078
Netherlands $1,715,639,524
Malaysia $1,189,457,375

Import Partners

Top 10 Import Countries

Country Import USD$
China $15,916,070,697
Japan $10,196,483,013
United States $7,680,898,543
Thailand $6,725,804,497
South Korea $5,622,545,456
Singapore $5,596,519,301
Indonesia $4,707,531,762
Malaysia $3,417,289,862
Hong Kong $2,539,519,844
Germany $2,009,690,619

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $25,225,486,974
(84) Industrial Machinery $7,768,750,726
(44) Wood $2,875,027,394
(90) Precision Instruments $2,471,851,605
(87) Motor Vehicles & Parts $1,417,528,009
(26) Ores $1,255,040,307
(15) Fats & Oils $1,180,946,878
(08) Fruit & Nuts $1,127,998,561
(89) Ships & Boats $1,039,826,528
(71) Precious Stones & Metals $757,282,442

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $20,700,803,538
(84) Industrial Machinery $11,680,624,938
(27) Oil & Mineral Fuels $8,377,125,548
(87) Motor Vehicles & Parts $7,607,807,333
(39) Plastics $3,061,628,441
(72) Iron & Steel $3,037,089,720
(88) Aircraft $1,816,650,396
(90) Precision Instruments $1,573,841,716
(10) Cereals $1,464,450,866
(30) Pharmaceuticals $1,429,908,408

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 4/27/2018
Philippines