Telephones in Philippines

EXPORTS (2018): $517M, World Rnk 20 / 202
Flag Rnk 24 / 1084

TOP DESTINATION (2018): $169M, Hong Kong

FASTEST GROWING MARKET (2017 - 2018): $7.68M, United States

IMPORTS (2018): $1.18B, World Rnk 18 / 219
Flag Rnk 15 / 1201

TOP ORIGIN (2018): $643M, China

FASTEST GROWING ORIGIN (2017 - 2018): $65M, China

ECONOMIC COMPLEXITY of Philippines (2018): 0.5, Rnk 46 / 137

Overview: This page contains the latest trade data of Telephones in Philippines.

Exports: In 2018, Philippines exported $517M in Telephones, making it the 20th largest exporter of Telephones in the world. At the same year, Telephones was the 24th most exported product in Philippines. The main destination of Telephones exports from Philippines are: Hong Kong ($169M), Japan ($90M), United States ($74.6M), China ($53.9M), and South Korea ($42.7M).

The fastest growing export markets for Telephones of Philippines between 2017 and 2018 were United States ($7.68M), Thailand ($5.37M), and Chinese Taipei ($5.16M).

Imports: In 2018, Philippines imported $1.18B in Telephones, becoming the 18th largest importer of Telephones in the world. At the same year, Telephones was the 15th most imported product in Philippines. Philippines imports Telephones primarily from: China ($643M), Hong Kong ($111M), Singapore ($101M), United States ($86.2M), and Japan ($39.7M).

The fastest growing import markets in Telephones for Philippines between 2017 and 2018 were China ($65M), Singapore ($54.2M), and United States ($34.4M).

Tariffs: In 2018, the average tariff for Philippines in Telephones was 0.18%. The countries with the highest import tariffs for Telephones were Angola (0.19%), Burundi (0.19%), Benin (0.19%), Burkina Faso (0.19%), and Botswana (0.19%).

Overview: In July 2020 Philippines' Telephones exports accounted up to $25.7M and imports accounted up to $217M, resulting in a negative trade balance of $192M. Between July 2019 and July 2020 the exports of Philippines'   Telephones have decreased by $-50.7M (-66.3%) from $76.4M to $25.7M, while imports decreased by $-66.9M (-23.5%) from $284M to $217M.

Destinations: In July 2020 Telephones exported mostly to United States ($12M), Hong Kong ($4.7M), Netherlands ($2.39M), Japan ($2.07M), and Malaysia ($1.24M), and imported mostly from China ($123M), Hong Kong ($42.5M), Singapore ($12.9M), Vietnam ($8.73M), and Indonesia ($8.08M).

Growth: In July 2020, the decrease in Telephones's year-by-year exports was explained primarily by a decrease in exports to United States ($-38.7M or -76.3%), Vietnam ($-8.41M or -96.2%), and Hong Kong ($-2.71M or -36.5%). In July 2020, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-42.7M or -76.7%), United Kingdom ($-10.9M or -95.4%), and Indonesia ($-7.7M or -48.8%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $-50.7M, (-66.3%)

IMPORT GROWTH (July 2019 - July 2020): $-66.9M, (-23.5%)

MAIN DESTINATION (July 2020): United States, $12M

This section shows Telephones's exports and imports data at subnational level for Philippines. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Telephones over time.

Value

EXPORTS (2018): $517M

IMPORTS (2018): $1.18B

NET TRADE (2018): -$663M

In 2018, Philippines exported $517M in Telephones. The main destinations of Philippines exports on Telephones were Hong Kong ($169M), Japan ($90M), United States ($74.6M), China ($53.9M), and South Korea ($42.7M).

In 2018, Philippines imported $1.18B in Telephones, mainly from China ($643M), Hong Kong ($111M), Singapore ($101M), United States ($86.2M), and Japan ($39.7M).

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IN 2018, Philippines HAD A POSITIVE NET TRADE IN Telephones WITH:

  • Hong Kong, $57.7M ($169M - $111M)
  • Japan, $50.3M ($90M - $39.7M)
  • India, $11.7M ($12M - $269k)

IN 2018, Philippines HAD A NEGATIVE NET TRADE IN Telephones WITH:

  • China, -$589M ($53.9M - $643M)
  • Singapore, -$94.2M ($6.3M - $101M)
  • Sweden, -$34.8M ($212k - $35M)
Flow

THE FASTEST GROWING Telephones EXPORT MARKETS FOR Philippines WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Philippines WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Philippines's main exporting competitors in Telephones were:

In 2018, Philippines's main importing competitors in Telephones were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Telephones in Philippines. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Philippines in Telephones was 0.18%.

The countries with the highest tariffs for Telephones in Philippines were Angola (0.19%), Burundi (0.19%), Benin (0.19%), Burkina Faso (0.19%), and Botswana (0.19%).

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