Based on Philippines import trade data, the Philippines was the world’s 34th largest importer country in 2020 across the globe and the 43rd largest exporter country as per Philippines export trade data.
Exim Commerce Data’s custom import-export data for the Philippines is based on factual and trustworthy permitted data such as Import Bills, Shipping Bills, Invoices, and other critical import-export papers required for international trade.
Total Import-Export Value of The Philippines According To Philippines Trade Data
Given below total import-export value of the Philippines is based on Philippines Import-export data yearwise:
- The total import value of the Philippines in 2019 was $152.46 billion, an increase of 4.78% from 2018.
- The total import value of the Philippines in 2020 was $119.24 billion, a decline of 21.79% from 2019.
- The total export value of the Philippines in 2019 was $106.95 billion, an increase of 2.06% from 2018.
- The total export value of the Philippines in 2020 was $91.05 billion, a decline of 14.87 from 2019.
Trade Balance
- The trade balance of the Philippines for 2019 was $-45.51 billion, an increase of 11.79% from 2018.
- The trade balance of the Philippines for 2020 was $-28.19 billion, a decline of 38.05% from 2019.
What are the Main Exports of the Philippines 2020?
As per market analysis research reports and Philippines export data, Electrical Machinery & Equipment $31.7 billion (49.7%), Edible Nuts & Fruits $2.3 billion (3.6%), Machinery & Computers $9.5 billion (14.9%), Plastics & Articles of Plastics & 895.4 million (1.4%), Technical, Optical & Medical Apparatus $1.8 billion (2.8%), Vehicles $939.1 million (1.5%), Ash, Slag & Ores $1.7 billion (2.7%), Vegetables/Animal Oils & Fats $918.8 million (1.4%), Precious Metals & Gems $1.4 billion (2.1%), and Copper $1.7 billion (2.7%) were some of the top exported products of Philippines in 2020 according to the Philippines export data.
Top 10 Major Imports Port List of the Philippines
Given below are the major Philippines import port list based on Philippines trade statistics:
Port of Manila (Pantalan ng Maynila), Port of General Santos (Makar Wharf), Port of Cebu (Pantalan sa Sugbo), Port of Subic, Port of Iloilo (Pantalan ng lloilo), International Port of Batangas, Port of Davao (Sasa Wharf-Daungan ng Dabaw), Port of Cagayan de Oro ( Dakbayan sa Cagayan de Oro), Port of Lucena, and Port of Zamboanga.
What are the Major Export Partners of the Philippines?
According to the market research reports and Philippines export trade data, Japan $9.92 billion, the United States $9.72 billion, Singapore $3.76 billion, China $9.62 billion, South Korea $2.54 billion, Singapore $3.76 billion, Hong Kong $9.09 billion, Germany $2.37 billion, Thailand $2.88 billion, and Malaysia $1.75 billion were the top export partner countries of Philippines in 2020.
The custom import-export trade data that Exim Trade Data provides contains essential details including HS Code, Consignment & Shipping Details, Importer & Exporter Names, Product Description, Port Name, Date & Origin of Country, Rates-Unit-Volume-Quantity & Weight, Mode of Transport, and so on.
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Also, check out the import-export trade data of some other top global countries:
India import data India export data
Vietnam import data Vietnam export data
Indonesia import data Indonesia export data
Turkey import data Turkey export data
Bangladesh import data Bangladesh export data
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