Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Philippines | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2007 - 2018

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2018
TOTAL. ALL COMMODITIESPhilippinesWorldExportsValue (US$)50,465,711,125.0049,077,539,969.0038,435,801,947.0051,497,514,607.0048,042,128,759.0051,995,223,994.0056,697,802,975.0061,809,755,230.0058,648,083,080.0056,312,747,948.0068,712,611,186.0067,487,668,298.00
Value Growth, YoY (%)-2.75-21.6833.98-6.708.229.049.01-5.11-3.9822.01-1.78
ImportsValue (US$)57,995,660,905.0060,419,667,297.0045,877,737,349.0058,467,803,681.0063,692,684,211.0065,349,780,522.0065,705,431,237.0067,718,868,519.0070,153,466,327.0085,908,572,116.00101,889,431,966.00115,038,016,454.94
Value Growth, YoY (%)4.17-24.0627.448.932.600.543.063.5922.4518.6012.90

The value of merchandise exports from Philippines totalled $ 67 billion in 2018. Overall commodity exports from Philippines decreased by 1.78% compared to 2017. Merchandise exports decreased by $ 1.22 billion (the value of merchandise exports from Philippines amounted to $68 billion in 2017)

Philippines's exports 2018 by country

Top export destinations of commodities from Philippines in 2018:

  • USA with a share of 15.6% (10.5 billion US$)
  • Hong Kong with a share of 14.1% (9.55 billion US$)
  • Japan with a share of 14% (9.47 billion US$)
  • China with a share of 12.8% (8.69 billion US$)
  • Singapore with a share of 6.27% (4.23 billion US$)
  • Germany with a share of 4.16% (2.8 billion US$)
  • Thailand with a share of 4.02% (2.71 billion US$)
  • Korea with a share of 3.76% (2.54 billion US$)
  • Netherlands with a share of 3.67% (2.48 billion US$)
  • Other Asia, nes with a share of 3.66% (2.47 billion US$)

Exports structure from Philippines in 2018 represented by the following main commodity groups:

  • 48% (32 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 14.2% (9.64 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 3.31% (2.23 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.06% (2.06 billion US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 2.15% (1.45 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 2.07% (1.4 billion US$): 74 - Copper and articles thereof
  • 1.81% (1.22 billion US$): 26 - Ores, slag and ash
  • 1.8% (1.21 billion US$): 89 - Ships, boats and floating structures
  • 1.74% (1.17 billion US$): 15 - Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes
  • 1.69% (1.14 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

What did Philippines export in 2018?

Philippines's Top Exports in 2018:

  • 20% ($13.7 billion): 8542 - Electronic integrated circuits and microassemblies
  • 9.79% ($6.61 billion): 8543 - Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this Chapter
  • 6.48% ($4.37 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 4.38% ($2.95 billion): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
  • 3.08% ($2.08 billion): 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors
  • 2.98% ($2.01 billion): 8443 - Printing machinery; used for printing by means of plates, cylinders and other printing components of heading 84.42; other printers, copying machines and facsimile machines, whether or not combined; parts and accessories thereof
  • 2.88% ($1.94 billion): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
  • 2.22% ($1.5 billion): 0803 - Bananas, including plantains, fresh or dried
  • 1.99% ($1.34 billion): 8473 - Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.69 to 84.72
  • 1.79% ($1.21 billion): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods

The value of merchandise imports to Philippines totalled $ 115 billion in 2018. Merchandise imports to Philippines increased by 12.9% compared to 2017. Goods imports grew up by $ 13.1 billion in 2018 (the value of merchandise imports to Philippines was equal to $101 billion in 2017)

Philippines's imports 2018 by country

Top trading partners (import sources) of Philippines in 2018:

  • China with a share of 19.6% (22 billion US$)
  • Korea with a share of 9.99% (11.5 billion US$)
  • Japan with a share of 9.9% (11.3 billion US$)
  • USA with a share of 7.21% (8.29 billion US$)
  • Thailand with a share of 6.9% (7.94 billion US$)
  • Indonesia with a share of 5.9% (6.78 billion US$)
  • Singapore with a share of 5.48% (6.31 billion US$)
  • Other Asia, nes with a share of 4.99% (5.74 billion US$)
  • Malaysia with a share of 3.72% (4.28 billion US$)
  • Vietnam with a share of 2.8% (3.22 billion US$)

Imports structure to Philippines in 2018 represented by the following main commodity groups:

  • 24% (28 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 12% (13.8 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 11.1% (12.7 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 7.51% (8.64 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.53% (5.21 billion US$): 72 - Iron and steel
  • 3.29% (3.79 billion US$): 39 - Plastics and articles thereof
  • 2.83% (3.26 billion US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.34% (2.69 billion US$): 10 - Cereals
  • 1.74% (2.01 billion US$): 73 - Articles of iron or steel
  • 1.74% (2 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof

What did Philippines import in 2018?

Philippines's Top Imports in 2018:

  • 14.7% ($16.9 billion): 8542 - Electronic integrated circuits and microassemblies
  • 5.29% ($6.09 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 4.48% ($5.16 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.21% ($3.7 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 2.27% ($2.61 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.74% ($2.01 billion): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 1.62% ($1.86 billion): 8473 - Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.69 to 84.72
  • 1.6% ($1.84 billion): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 1.59% ($1.83 billion): 7207 - Semi-finished products of iron or non-alloy steel
  • 1.53% ($1.76 billion): 8704 - Motor vehicles for the transport of goods

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Philippines | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2007 - 2018