Exporter Rank

41 / 119

Importer Rank

29 / 119

Trade Balance Rank

111 / 119

Total Trade [1]

Total Exports (2018) $67,487,668,298
Total Imports (2018) $115,038,016,454
Trade Balance (2018) ($47,550,348,156)
Exports of goods and services (% of GDP) (2018) [2] 31.68%
Imports of goods and services (% of GDP) (2018) [2] 44.37%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $10,550,412,462
Hong Kong $9,554,211,828
Japan $9,473,707,006
China $8,698,668,418
Singapore $4,234,411,942
Germany $2,808,885,820
Thailand $2,716,755,647
South Korea $2,542,278,645
Netherlands $2,480,699,881
Malaysia $1,929,601,550

Import Partners

Top 10 Import Countries

Country Import USD$
China $22,579,342,760
South Korea $11,503,051,671
Japan $11,396,631,671
United States $8,297,035,460
Thailand $7,948,351,471
Indonesia $6,789,010,668
Singapore $6,310,795,405
Malaysia $4,285,725,769
Vietnam $3,225,057,820
Hong Kong $3,198,166,974

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

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $32,874,260,983
(84) Industrial Machinery $9,646,039,194
(90) Precision Instruments $2,239,645,622
(08) Fruit & Nuts $2,069,529,965
(71) Precious Stones & Metals $1,454,214,110
(74) Copper $1,401,684,512
(26) Ores $1,223,576,695
(89) Ships & Boats $1,215,960,284
(15) Fats & Oils $1,176,619,095
(27) Oil & Mineral Fuels $1,144,464,595

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $28,342,254,928
(27) Oil & Mineral Fuels $13,887,005,931
(84) Industrial Machinery $12,779,164,293
(87) Motor Vehicles & Parts $8,646,651,834
(72) Iron & Steel $5,219,532,307
(39) Plastics $3,790,735,995
(88) Aircraft $3,265,551,206
(10) Cereals $2,699,910,154
(73) Iron & Steel Articles $2,011,587,038
(90) Precision Instruments $2,009,298,922

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 1/12/2020
Philippines