Philippines import-export data offers comprehensive trade coverage of the Philippines import-export statistics as well as intuitive insights. Our database’s Philippines trade data provides the following finding.
Significant trade statistics such as business names, product specifications, port, value, quantity, and so on are included in the Philippines trade data. Find more about the Philippines’ import and export statistics and how they may help you grow your business through Exim’s customized Philippines import-export trade data.
Import and export statistics from the Philippines can assist you in identifying and connecting with potential importers and exporters for business opportunities. Philippines customs data is important for getting to know business professionals up close and personal with their confidential information.
Imports into the Philippines grew to 11483818.83 USD Thousand in December 2021, up from 10979575.63 USD Thousand in November. According to Philippines import trade data and experts’ estimates, imports in the Philippines are likely to be 9000000.00 USD Thousand by the end of this quarter. According to Exim’s customs reports, the Philippines Imports is expected to trend around 8500000.00 USD Thousand in 2023.
Exports in the Philippines fell to 6270187.13 USD Thousand in December 2021, down from 6273257.79 USD Thousand in November. According to Philippines export trade data and experts, exports in the Philippines are predicted to reach 5300000.00 USD Thousand by the end of this quarter. According to our market analysis reports, the Philippines Exports is expected to trend around 5300000.00 USD Thousand in 2023.
From Philippines trade statistics, you can learn about market trends and examine the supply chain of worldwide trade marketplaces. By completely analyzing Philippines import-export data and doing in-depth research, you can obtain credits and market prospects for Philippines trade.
Top export commodities of the Philippines ( Philippines export trade data)
According to the Philippines Export Data, Electronic circuits, computers, computer components and accessories, insulated wire or cable, and printing gear were the Philippines’ top export exports by value in 2020. In all, significant exports account for 46.7 percent of the Philippines’ total export sales. Those items point to a somewhat narrow spectrum of exporting goods.
On a continental scale, 70.1 percent of the Philippines’ exports were supplied to other Asian nations, while 16.7% were sold to North American buyers. Another 11.6 percent of the Philippines’ exports went to Europe. Oceania, led by Australia (0.7 percent), Latin America, excluding Mexico but including the Caribbean (0.6 percent), and Africa received smaller percentages (0.2 percent ).
| Commodity | Value in USD ($) | Share in % | Reference Year |
| Copper | $1.7 Billion | 2.7% | 2020 |
| Plastics and articles of plastics | $895.4 Million | 1.4% | 2020 |
| Vehicles | $939.1 Million | 1.5% | 2020 |
| Gems and precious metals | $1.4 Billion | 2.1% | 2020 |
| Fruits and nuts | $2.3 Billion | 3.6% | 2020 |
| Electrical machinery and equipment | $31.7 Billion | 49.7% | 2020 |
| Machinery including computers | $9.5 Billion | 14.9% | 2020 |
| Vegetables/animal waxes, fats and oil | $918.8 Million | 1.4% | 2020 |
| Ores, slag, and ash | $1.7 Billion | 2.7% | 2020 |
| Optical, technical, and medical apparatus | $1.8 Billion | 2.8% | 2020 |
Over four-fifths (83 percent) of the value of the Philippines’ global shipments was accounted for by its top ten exports.
Ores, slag, and ash were the fastest-growing export category among the top ten, up 40.6 percent from 2019 to 2020, owing to increased overseas sales of nickel and iron ores and concentrates. Copper was the only other top export product to climb by 23.4 percent.
Optical, technological, and medical apparatus was the highest decliner among the Philippines’ top 10 export categories, with a -17.6 percent reduction year over year.
Buy the Philippines import-export trade data and gain crucial insights into the Philippines import-export trade statistics. Philippines export trade data covers all the major fields related to import and export including hs code, product classification, mode of transportation, quantity, weight, unit, value in USD, name of importer & exporter, and much more.
Philippines import-export trade data allow you to locate new marketplaces for your trade business in the overseas market and target more potential buyers and suppliers for your global import-export trade business.
