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Philippines Import Data

Export Data

Philippines Import 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).

The Philippines has a total population of 117 million. Its GDP is around 437 billion. Thus, this makes it to be at 36th global import rank with an import percentage share of 0.55%. USD 134 billion is its total import worth which signifies its vital role in international trade. As per the Philippines Import Data, China has been the largest import partner, accounting for about 29% of trade stake.

36th

The Philippines holds the 36th position in terms of import trade.

0.55%

With its total import worth of around 134 billion USD its contributes to 0.55% of global import share.

China

China accounts for 29% of import trade partnerships with the Philippines, showing its resilience and business prospects.

Electrical Machinery & Equipment (HS 85)

It is the key import product that accounts for about 25% of the import percentage.

Top 10 Import Products of Philippines

The Philippines deal in core categories such as Electrical machinery, mineral fuels, computers, etc. Based on the Philippines Customs Data, this shows its resilient import setup. Here are the major products along with their HS Codes which Philippines imports from other nations.

Electrical Machinery and Equipment (HS code 85): 25.3% ($33.9 billion)
Mineral Fuels and Petroleum (HS code 27): 14.5% ($19.4 billion)Machinery including computers (HS code 84): 9.7% ($13.0 billion)
Vehicles and auto parts (HS code 87): 6.8% ($9.1 billion)
Iron and steel (HS code 72): 4.8% ($6.4 billion)
Cereals (HS code 10): 4.5% ($6.0 billion)
Plastics and plastic articles (HS code 39): 4.2% ($5.6 billion)
Optical, medical instruments (HS code 90): 3.7% ($5.0 billion)
Pharmaceutical products (HS code 30): 3.1% ($4.1 billion)
Organic chemicals (HS code 29): 2.9% ($3.9 billion)

Top 10 Import Trading Partners of Philippines

China, Indonesia, Japan, USA are the Philippines' leading import country partners. According to the Philippines Import Statistics, the Philippines has a billion-dollar trade with other nations, implying the vital is its role in global trade. Here are the leading import partner countries of the Philippines.

China: 28.8% ($38.6 billion US$)
Indonesia: 9.2% ($12.3 billion US$)
Japan: 8.2% ($10.9 billion US$)
United States: 6.8% ($9.1 billion US$)
South Korea: 6.6% ($8.9 billion US$)
Singapore: 5.3% ($7.1 billion US$)
Thailand: 4.7% ($6.3 billion US$)
Malaysia: 4.4% ($5.9 billion US$)
Taiwan: 3.9% ($5.2 billion US$)
Vietnam: 2.8% ($3.8 billion US$)

What Details Contain In Philippines Import 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 import export 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 Import 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 36th position in the world trade list.

The Philippines has a total worth of USD 134 billion in terms of imports.

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

China 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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