Philippines: Trade Statistics
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) | ($29,595,824,168) |
| Exports of goods and services (% of GDP) (2017) [2] | 30.55% |
| Imports of goods and services (% of GDP) (2017) [2] | 40.11% |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Japan | $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:
- UN Comtrade (2016) except where stated otherwise.
- The World Bank. Accessed: 9/22/2018
Philippines