Philippines – Imports

Philippines – Imports

Philippines 
Imports of Philippines

What is the composition of Philippines’s imports?

 Philippines Import-1

What are the top imports of Philippines ?

 

Sr HS Description Value of Exports Percent of total
1 8542  Integrated Circuits $9,517,746,018.99 13%
2 2709  Crude Petroleum $6,839,105,937.73 9.30%
3 2710  Refined Petroleum $5,062,067,984.67 6.80%
4 8473  Office Machine Parts $2,663,383,798.74 3.60%
5 8703  Cars $2,139,276,200.07 2.90%
6 8802  Planes, Helicopters, and/or Spacecraft $1,595,299,900.57 2.20%
7 1001  Wheat $1,031,816,734.04 1.40%
8 2603  Copper Ore $895,021,300.53 1.20%
9 8479  Machinery Having Individual Functions $843,092,138.32 1.10%
10 3004  Packaged Medicaments $810,742,798.02 1.10%
11 2701  Coal Briquettes $775,291,609.73 1.00%
12 8517  Telephones $719,211,780.27 0.97%
13 7207  Semi-Finished Iron $662,847,137.66 0.90%
14 2711  Petroleum Gas $644,936,918.82 0.87%
15 2304  Soybean Meal $629,640,440.98 0.85%
16 8704  Delivery Trucks $596,532,404.96 0.81%
17 8708  Vehicle Parts $544,581,730.47 0.74%
18 2601  Iron Ore $527,097,890.73 0.71%
19 8536  Low-voltage Protection Equipment $515,307,348.93 0.70%
20 8544  Insulated Wire $496,446,636.93 0.67%

Who are the top countries of origin for Philippines ?

 

Sr Code Country Name Value of Exports Percent of total
1 CHN  China $9,343,329,397.57 13%
2 JPN  Japan $8,385,380,654.06 11%
3 USA  United States $7,550,188,458.80 10%
4 KOR  South Korea $6,598,856,054.45 8.90%
5  Other Asia $4,925,454,695.13 6.70%
6 SGP  Singapore $4,157,502,696.23 5.60%
7 THA  Thailand $4,149,472,742.16 5.60%
8 IDN  Indonesia $3,278,363,744.53 4.40%
9 SAU  Saudi Arabia $3,021,352,974.44 4.10%
10 MYS  Malaysia $2,820,423,895.65 3.80%
11 DEU  Germany $1,851,417,812.89 2.50%
12 AUS  Australia $1,815,574,953.83 2.50%
13 ARE  United Arab Emirates $1,728,692,774.28 2.30%
14 HKG  Hong Kong $1,687,021,502.33 2.30%
15 RUS  Russia $1,178,336,452.34 1.60%
16 VNM  Vietnam $1,164,197,183.58 1.60%
17 FRA  France $1,139,518,999.30 1.50%
18 IND  India $846,052,469.09 1.10%
19 BRA  Brazil $703,013,271.00 0.95%
20 QAT  Qatar $590,372,694.92 0.80%

Statistics sourced from The Observatory of Economic Complexity.

 

Philippines continues to strengthen its local production capabilities, and diversify its export markets.

Are you looking to source products from Philippines ?  Need guidance and linkages to export sources.  Click here to send your questions.

 

 

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