Philippines | Imports and Exports | World | Electronic integrated circuits | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8542 "Electronic integrated circuits and microassemblies" from Philippines totalled $ 25 billion in 2023. Sales of commodity group 8542 from Philippines decreased by 10.1% in value terms compared to 2022. exports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 2.94 billion (cumulative exports of commodity group 8542 from Philippines amounted $28 billion in 2022)
Exports of commodity group 8542 "Electronic integrated circuits and microassemblies" amounted to 35% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 8542 in total exports from Philippines decreased by 1.02 p.p. compared to 2022 (it was 36% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).
Exports of commodity group 8542 amounted to 64% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $40 billion in 2023). The share of exports of commodity group 8542 in sales of commodity group from Philippines lowered by 2.39 p.p. compared to 2022 (it was 66% in 2022, and exports of commodity group from Philippines were $43 billion).
Where does Philippines export Electronic integrated circuits and microassemblies?
Top export destinations of "Electronic integrated circuits and microassemblies" from Philippines in 2023:
- Hong Kong with a share of 23% (6.16 billion US$)
- China with a share of 12.6% (3.29 billion US$)
- USA with a share of 10.7% (2.79 billion US$)
- Singapore with a share of 9.26% (2.4 billion US$)
- Netherlands with a share of 7.09% (1.84 billion US$)
- Japan with a share of 6.2% (1.61 billion US$)
- Other Asia, nes with a share of 5.95% (1.54 billion US$)
- Germany with a share of 4.51% (1.17 billion US$)
- Malaysia with a share of 3.95% (1.02 billion US$)
- Korea with a share of 3.83% (996 million US$)
Exports structure of 8542 - Electronic integrated circuits and microassemblies - from Philippines in 2023 represented by the following main commodity groups:
- 0.366% (95 million US$): 854290 - Parts of the electronic integrated circuits & microassemblies of 85.42
The value of imports of commodity group 8542 "Electronic integrated circuits and microassemblies" to Philippines totalled $ 13.3 billion in 2023. Sales of commodity group 8542 to Philippines decreased by 22% in value terms compared to 2022. imports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 3.88 billion (the value of imports of commodity group 8542 to Philippines was equal to $17.2 billion in 2022)
Imports of commodity group 8542 "Electronic integrated circuits and microassemblies" accounted for 10% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 8542 in total imports to Philippines decreased by 1.83 p.p. compared to 2022 (it was 11.8% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).
Imports of commodity group 8542 reached 49% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $27 billion in 2023). The share of purchases of commodity group 8542 in imports of commodity group to Philippines went down by 3.77 p.p. compared to 2022 (it was 53% in 2022, and imports of commodity group to Philippines accounted for $32 billion).
Where does Philippines import Electronic integrated circuits and microassemblies from?
Top trading partners (import of "Electronic integrated circuits and microassemblies") of Philippines in 2023:
- Other Asia, nes with a share of 20% (2.74 billion US$)
- Korea with a share of 14.6% (1.95 billion US$)
- USA with a share of 13.3% (1.78 billion US$)
- Japan with a share of 10.6% (1.42 billion US$)
- China with a share of 10.3% (1.39 billion US$)
- Singapore with a share of 8.12% (1.08 billion US$)
- Malaysia with a share of 7.16% (958 million US$)
- Thailand with a share of 3.75% (502 million US$)
- Hong Kong with a share of 3.73% (500 million US$)
- Germany with a share of 2.77% (370 million US$)
Imports structure of 8542 - Electronic integrated circuits and microassemblies - to Philippines in 2023 represented by the following main commodity groups:
- 9.67% (1.29 billion US$): 854290 - Parts of the electronic integrated circuits & microassemblies of 85.42
