HS Icon Telephones in  Flag Philippines

2019
Exports | Imports
: $316M | $773M, World Rnk 24 / 208
Flag Rnk 42 / 1121 | World Rnk 23 / 221
Flag Rnk 27 / 1204

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $35.7M | $12.6M, Vietnam |  Indonesia

2019
ECONOMIC COMPLEXITY of Philippines
: 0.72, Rnk 40 / 147

2019
PRODUCT COMPLEXITY  IN Telephones
: 0.96, Rnk 181 / 1029

Exports: In 2019, Philippines exported $316M in Telephones, making it the 24th largest exporter of Telephones in the world. At the same year, Telephones was the 42nd most exported product in Philippines. The main destination of Telephones exports from Philippines are: Hong Kong ($124M), Vietnam ($40.9M), Mexico ($39.2M), Japan ($27.7M), and United States ($27.3M).

The fastest growing export markets for Telephones of Philippines between 2018 and 2019 were Vietnam ($35.7M), Mexico ($8.83M), and Saudi Arabia ($1.46M).

Imports: In 2019, Philippines imported $773M in Telephones, becoming the 23rd largest importer of Telephones in the world. At the same year, Telephones was the 27th most imported product in Philippines. Philippines imports Telephones primarily from: China ($418M), Hong Kong ($100M), Singapore ($86.8M), United States ($53.8M), and Japan ($41.7M).

The fastest growing import markets in Telephones for Philippines between 2018 and 2019 were Indonesia ($12.6M), Mexico ($4.88M), and Israel ($2.57M).

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

Latest Trends (February 2021)

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Overview: In February 2021 Philippines' Telephones exports accounted up to N/A69.2M and imports accounted up to N/A206M, resulting in a negative trade balance of N/A137M. Between February 2020 and February 2021 the exports of Philippines'   Telephones have increased by N/A46.3M (202%) from N/A22.9M to N/A69.2M, while imports increased by N/A55.9M (37.2%) from N/A150M to N/A206M.

Destinations: In February 2021, Telephones were exported mostly to United States ($56.4M), China ($2.46M), Japan ($2.27M), Malaysia ($1.9M), and Hong Kong ($1.81M), and were imported mostly from China ($110M), Singapore ($41.5M), Vietnam ($15.5M), Hong Kong ($8.8M), and India ($8.42M).

Growth: In February 2021, the increase in Telephones's year-by-year exports was explained primarily by an increase in exports to United States ($47.2M or 517%), China ($1.6M or 186%), and Chinese Taipei ($804k or 685%). In February 2021, the increase in Telephones's year-by-year imports was explained primarily by an increase in imports from China ($36.1M or 49%), Singapore ($34.4M or 479%), and India ($8.3M or 7.14k%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (February 2020 - February 2021): N/A46.3M, (202%)

IMPORT GROWTH (February 2020 - February 2021): N/A55.9M, (37.2%)

MAIN DESTINATION (February 2021): United States, $56.4M

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.

For full datasets download visit Bulk Download page.

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Historical Data

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Value

EXPORTS (2019): $316M

IMPORTS (2019): $773M

NET TRADE (2019): -$456M

In 2019, Philippines exported $316M in Telephones. The main destinations of Philippines exports on Telephones were Hong Kong ($124M), Vietnam ($40.9M), Mexico ($39.2M), Japan ($27.7M), and United States ($27.3M).

In 2019, Philippines imported $773M in Telephones, mainly from China ($418M), Hong Kong ($100M), Singapore ($86.8M), United States ($53.8M), and Japan ($41.7M).

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IN 2019, Philippines HAD A POSITIVE NET TRADE IN Telephones WITH:

IN 2019, Philippines HAD A NEGATIVE NET TRADE IN Telephones WITH:

Flow

THE FASTEST GROWING Telephones EXPORT MARKETS FOR Philippines WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Philippines WERE (2018 - 2019):

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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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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 (Most Favoured Nation duty rate treatement, 0.19%), Burundi (Most Favoured Nation duty rate treatement, 0.19%), Benin (Most Favoured Nation duty rate treatement, 0.19%), Burkina Faso (Most Favoured Nation duty rate treatement, 0.19%), and Botswana (Most Favoured Nation duty rate treatement, 0.19%).