Philippines: Trade Statistics
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) | ($33,176,820,780) |
| Exports of goods and services (% of GDP) (2018) [2] | 31.68% |
| Imports of goods and services (% of GDP) (2018) [2] | 44.37% |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| 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:
- UN Comtrade (2017) except where stated otherwise.
- The World Bank. Accessed: 9/30/2019
Philippines