Overview: This page contains the latest international trade data for Philippines, including service trade data, and tariffs. In 2018 Philippines was the number 38 economy in the world in terms of GDP (current US$), the number 38 in total exports, the number 33 in total imports, and the number 46 most complex economy according to the Economic Complexity Index (ECI). In 2018, Philippines exported $97.8B and imported $135B, resulting in a negative trade balance of -$36.7B. In 2018, Philippines's exports per capita were $917 and its imports per capita were $1.26k.
Trade: The top exports of Philippines are Integrated Circuits ($30.7B), Office Machine Parts ($8.89B), Computers ($4.97B), Semiconductor Devices ($3.42B), and Electrical Transformers ($2.48B). The top imports of Philippines are Integrated Circuits ($20.1B), Refined Petroleum ($9.22B), Crude Petroleum ($4.79B), Cars ($3.78B), and Planes, Helicopters, and/or Spacecraft ($2.46B).
Destinations: Philippines exports mostly to Hong Kong ($13.9B), United States ($13.8B), China ($13.3B), Japan ($11.2B), and Singapore ($7.92B), and imports mostly from China ($32.3B), South Korea ($12.6B), Japan ($11.6B), Chinese Taipei ($10.2B), and United States ($9.15B).
Location: Philippines borders China, Indonesia, Japan, Malaysia, Palau, and Vietnam by sea.