Exporter Rank

35 / 121

Importer Rank

28 / 121

Trade Balance Rank

113 / 121

Total Trade [1]

Total Exports (2017) $68,712,611,186
Total Imports (2017) $101,889,431,966
Trade Balance (2017) ($33,176,820,780)
Exports of goods and services (% of GDP) (2017) [2] 30.55%
Imports of goods and services (% of GDP) (2017) [2] 40.11%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Japan $10,853,157,510
United States $9,666,678,917
Hong Kong $9,024,710,307
China $8,017,052,109
South Korea $4,333,434,204
Singapore $3,973,555,967
Thailand $2,740,793,582
Germany $2,675,602,349
Netherlands $2,517,552,849
Malaysia $1,713,739,276

Import Partners

Top 10 Import Countries

Country Import USD$
China $18,477,818,271
Japan $11,798,458,431
South Korea $8,819,744,636
United States $8,309,884,174
Thailand $7,064,982,184
Indonesia $6,753,628,046
Singapore $5,881,570,885
Malaysia $3,972,655,888
Hong Kong $2,864,717,527
Vietnam $2,802,589,162

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

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $32,533,755,791
(84) Industrial Machinery $9,125,677,737
(90) Precision Instruments $2,448,452,950
(74) Copper $2,051,399,206
(08) Fruit & Nuts $1,784,178,671
(89) Ships & Boats $1,680,187,926
(15) Fats & Oils $1,665,009,019
(44) Wood $1,411,068,317
(71) Precious Stones & Metals $1,359,651,755
(87) Motor Vehicles & Parts $1,183,177,202

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $23,017,800,155
(84) Industrial Machinery $13,488,870,716
(27) Oil & Mineral Fuels $11,443,069,806
(87) Motor Vehicles & Parts $8,785,167,031
(72) Iron & Steel $3,927,841,175
(39) Plastics $3,279,932,832
(26) Ores $2,141,071,318
(88) Aircraft $1,971,246,442
(90) Precision Instruments $1,924,820,206
(10) Cereals $1,799,985,216

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 12/1/2018
Philippines