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Philippines Export Data

Import Data

Philippines Export Data

The Philippines is a Southeast Asian country known to be an archipelagic region. It has thousands of islands, flora, fauna, and large port cities. Manila is its capital. For a long time, the Philippines has been a member of the Association of Southeast Asian Nations (ASEAN). This implies that the nation has proved its transnational business and investment importance in global trade.

The Philippines has a total population of 117 million. Its GDP is around 437 billion. Thus, this makes it to be at 43rd global export rank with an export percentage share of 0.40%. USD 84.48 billion is its total export worth, which signifies its vital role in international trade. As per the Philippines Export Data, the United States has been the largest export partner, accounting for about 16% of trade stake. Electrical Machinery & Equipment is its top export product.

43rd

The Philippines remains at 43rd position in terms of exports. It shows a resilient and efficient export system throughout.

0.40%

The Philippines contributes to 0.40% of the global export share, maintaining its strong presence in the multinational trade.

United States

The United States has been a reliable trade partner of the Philippines so far.

Electrical Machinery & Electronics (HS 85)

The Philippines imports Electrical Machinery & Electronics parts or components for manufacturing purpose.

Top 10 Export Products of Philippines

Electronics, Computers, Electrical devices, and mineral products are a few of the top export products of the Philippines. Basically, the Philippines has a strong manufacturing base that then exports assembled products to other nations. As per the Philippines Trade Statistics, this shows how vital its role is in global exports. Here are the top 10 export products.

Electrical Machinery & Electronic Equipment (HS code 85): 54.3% ($45.89 billion)
Machinery including computers (HS code 84): 4.3% ($3.63 billion)
Other manufactured goods (HS code 96 & others): 7.3% ($6.15 billion)
Other mineral products (HS code 26): 4.5% ($3.82 billion)
Gold (HS code 71): 3.6% ($3.04 billion)
Coconut oil & vegetable oils (HS code 15): 2.9% ($2.45 billion)
Bananas & tropical fruits (HS code 08): 2.4% ($2.03 billion)
Optical and medical instruments (HS code 90): 2.2% ($1.86 billion)\
Copper products (HS code 74): 1.9% ($1.60 billion)
Wood products & furniture (HS code 94): 1.7% ($1.43 billion)

Top 10 Export Trading Partners of Philippines

The United States and Japan are two major export partner countries of the Philippines, accounting for nearly about 16% and 14% respectively. As per the Philippines Export Statistics, the Philippines exports its manufactured goods to these top 10 countries.

United States: 16% ($13.5 billion US$)
Japan: 14% ($11.8 billion US$)
China: 13% ($10.9 billion US$)
Hong Kong: 12% ($10.1 billion US$)
South Korea: 6% ($5.1 billion US$)
Singapore: 5% ($4.2 billion US$)
Netherlands: 4% ($3.4 billion US$)
Thailand: 3% ($2.5 billion US$)
Germany: 2% ($1.7 billion US$)
Taiwan: 2% ($1.6 billion US$)

What Details Contain In Philippines Export Data?

Import Globals offers effective trade data packages, which are inclusive of all shipment trade records that are covered via LAND+SEA+AIR. From head to toe, our trade data insights cover all the prerequisites for a business to strategise, plan, and grow. Our trade data capsules are beneficial for financial analysts, business operations, business analysts, researchers, NGOs, trade unions, traders, manufacturers, suppliers, buyers, enterprises of all sizes, big corporates, startups, etc. It also provides raw, fresh, and updated information. Philippines Export Trade Data is in synchronization with current trade patterns, market values, forecasts, predictions, geopolitical aspects, pricing, current market values, and risk factors. Here are a few essentials that are provided with our trade packages.

Importer Name
Importer Address
Exporter Name
Exporter Address
Shipping Bill Number
Shipping Bill Date
Declaration Number
HS Code
Product Description
FOB Value
CIF Value
Manufacturing Country
Destination Country
Net Weight
Gross Weight
Quantity
Unit
Currency & Incoterms
Mode of Transportation
Port of Loading
Port of Unloading
Email
Contact

Benefits of Philippines Export data in your business

Strategise diligently with global trade data and key essential details for your export business.
Predict risks and potential harms in trade deals beforehand. This will lead to secure business proceedings.
Study current trade patterns and new market discoveries. As per the Philippines Global Trade Data, this contains current market trends, new commodities, and relevant high business growth accelerators.
Analyse revenue growth and maximize profitability.
Expand your business and connect with multinational businesses and trade partners. This will help accelerate your business growth and return high revenue.

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Frequently Asked Questions

The Philippines holds 43rd position in the world trade list.

The Philippines has a total worth of USD 84.48 billion in terms of exports.

Electrical Machinery & Equipment with a HS code of 85 has been its leading export product.

The United States and the Philippines have shown good trade relations for a long time.

Some of the essential elements of trade data are the importer's name and address, weight, quantity, shipping bill, manufacturing country, port of loading and unloading, and many more.

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