Philippines: Trade Statistics
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:
- UN Comtrade (2018) except where stated otherwise.
- The World Bank. Accessed: 6/3/2020
Philippines