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 (%) | 2008 - 2019

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2019
TOTAL. ALL COMMODITIESPhilippinesWorldExportsValue (US$)49,077,539,969.0038,435,801,947.0051,497,514,607.0048,042,128,759.0051,995,223,994.0056,697,802,975.0061,809,755,230.0058,648,083,080.0056,312,747,948.0068,712,611,186.0067,487,668,298.0070,926,674,490.00
Value Growth, YoY (%)-2.75-21.6833.98-6.708.229.049.01-5.11-3.9822.01-1.785.09
ImportsValue (US$)60,419,667,297.0045,877,737,349.0058,467,803,681.0063,692,684,211.0065,349,780,522.0065,705,431,237.0067,718,868,519.0070,153,466,327.0085,908,572,116.00101,889,431,966.00115,038,016,454.94117,247,264,757.00
Value Growth, YoY (%)4.17-24.0627.448.932.600.543.063.5922.4518.6012.901.92

The value of merchandise exports from Philippines totalled $ 70 billion in 2019. Merchandise exports from Philippines increased by 5.09% compared to 2018. Goods exports grew up by $ 3.43 billion in 2019 (the value of merchandise exports from Philippines amounted to $67 billion in 2018)

Philippines's exports 2019 by country

Top export destinations of commodities from Philippines in 2019:

  • USA with a share of 16.3% (11.5 billion US$)
  • Japan with a share of 15% (10.6 billion US$)
  • China with a share of 13.8% (9.81 billion US$)
  • Hong Kong with a share of 13.5% (9.62 billion US$)
  • Singapore with a share of 5.4% (3.83 billion US$)
  • Korea with a share of 4.56% (3.24 billion US$)
  • Thailand with a share of 4.19% (2.97 billion US$)
  • Germany with a share of 3.83% (2.72 billion US$)
  • Netherlands with a share of 3.19% (2.26 billion US$)
  • Other Asia, nes with a share of 3.17% (2.25 billion US$)

Exports structure from Philippines in 2019 represented by the following main commodity groups:

  • 50% (35 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 14.2% (10.1 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 3.71% (2.63 billion US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 2.4% (1.7 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.32% (1.64 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 2% (1.42 billion US$): 74 - Copper and articles thereof
  • 1.97% (1.39 billion US$): 26 - Ores, slag and ash
  • 1.47% (1.04 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 1.43% (1.01 billion US$): 39 - Plastics and articles thereof
  • 1.39% (990 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

What did Philippines export in 2019?

Philippines's Top Exports in 2019:

  • 30% ($21 billion): 8542 - Electronic integrated circuits and microassemblies
  • 5.93% ($4.2 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
  • 3.73% ($2.64 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
  • 2.95% ($2.09 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
  • 2.82% ($2 billion): 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors
  • 2.75% ($1.95 billion): 0803 - Bananas, including plantains, fresh or dried
  • 2.37% ($1.68 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
  • 2.32% ($1.65 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
  • 1.99% ($1.41 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 1.77% ($1.25 billion): 7403 - Refined copper and copper alloys, unwrought.

The value of merchandise imports to Philippines totalled $ 117 billion in 2019. Merchandise imports to Philippines increased by 1.92% compared to 2018. Goods imports grew up by $ 2.2 billion in 2019 (the value of merchandise imports to Philippines was equal to $115 billion in 2018)

Philippines's imports 2019 by country

Top trading partners (import sources) of Philippines in 2019:

  • China with a share of 22% (26 billion US$)
  • Japan with a share of 9.56% (11.2 billion US$)
  • Korea with a share of 7.47% (8.75 billion US$)
  • USA with a share of 7.29% (8.55 billion US$)
  • Indonesia with a share of 6.22% (7.29 billion US$)
  • Thailand with a share of 6.18% (7.24 billion US$)
  • Singapore with a share of 5.91% (6.93 billion US$)
  • Other Asia, nes with a share of 4.23% (4.96 billion US$)
  • Malaysia with a share of 4.19% (4.91 billion US$)
  • Vietnam with a share of 3.29% (3.86 billion US$)

Imports structure to Philippines in 2019 represented by the following main commodity groups:

  • 24% (28 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 12% (14.1 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 10.6% (12.4 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 7.43% (8.71 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 3.45% (4.04 billion US$): 72 - Iron and steel
  • 3.4% (3.98 billion US$): 39 - Plastics and articles thereof
  • 2.7% (3.16 billion US$): 10 - Cereals
  • 2.68% (3.14 billion US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.01% (2.35 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 1.74% (2.04 billion US$): 73 - Articles of iron or steel

What did Philippines import in 2019?

Philippines's Top Imports in 2019:

  • 11.6% ($13.6 billion): 8542 - Electronic integrated circuits and microassemblies
  • 6.54% ($7.66 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
  • 2.95% ($3.46 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 2.91% ($3.41 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
  • 2.67% ($3.13 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
  • 1.87% ($2.19 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
  • 1.76% ($2.06 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
  • 1.74% ($2.04 billion): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 1.63% ($1.92 billion): 8704 - Motor vehicles for the transport of goods
  • 1.57% ($1.84 billion): 1001 - Wheat and meslin.

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Philippines | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2008 - 2019