PHPhilippines Asia
International Trade Statistics & Market Analysis • 2024
Imports
2024
Exports
2024
Countries Philippines Imports From
| Country | Value | Share |
|---|---|---|
| $41,440,243,040 | 34.2% | |
Other | $10,604,208,450 | 8.7% |
| $9,178,808,390 | 7.6% | |
| $8,578,817,300 | 7.1% | |
| $7,387,387,410 | 6.1% | |
| $7,321,645,070 | 6% | |
| $6,951,294,300 | 5.7% | |
| $5,930,612,040 | 4.9% | |
| $4,336,725,500 | 3.6% | |
| $4,108,954,760 | 3.4% | |
| $1,843,822,530 | 1.5% | |
| $1,791,208,060 | 1.5% | |
| $1,775,085,340 | 1.5% | |
| $1,356,295,100 | 1.1% | |
| $955,528,090 | 0.8% | |
| $831,857,770 | 0.7% | |
| $773,309,460 | 0.6% | |
| $633,521,820 | 0.5% | |
| $613,805,670 | 0.5% | |
| $595,570,380 | 0.5% | |
| Total | $121,301,690,650 | |
Geographical Sourcing & Origin AnalysisOrigins
This dataset identifies the primary nations supplying Philippines. In 2024 the total import value reached$121,301,690,650.China emerged as the leading supplier, contributing34.2%to the sourcing mix across all 114 origins.
Products Philippines Imports
Product Category BreakdownImports
Classified by HS Codes, these statistics reveal the industrial components commodities entering Philippines. The most significant import category is Monolithic integrated circuits, digital representing a 10.3% share of the 3977 major product groups tracked in our database.
Countries Philippines Exports To
| Country | Value | Share |
|---|---|---|
| $9,742,181,020 | 15.8% | |
| $9,370,240,110 | 15.2% | |
Other | $7,645,854,650 | 12.4% |
| $5,673,393,750 | 9.2% | |
| $4,128,702,420 | 6.7% | |
| $2,967,860,500 | 4.8% | |
| $2,831,052,190 | 4.6% | |
| $2,400,458,640 | 3.9% | |
| $2,004,676,070 | 3.2% | |
| $1,587,677,930 | 2.6% | |
| $1,562,300,290 | 2.5% | |
| $1,370,567,980 | 2.2% | |
| $1,197,781,640 | 1.9% | |
| $1,115,590,330 | 1.8% | |
| $1,032,181,480 | 1.7% | |
| $825,302,820 | 1.3% | |
| $747,484,430 | 1.2% | |
| $689,047,420 | 1.1% | |
| $571,172,690 | 0.9% | |
| $531,343,500 | 0.9% | |
| Total | $61,803,604,650 | |
Global Destination MarketsTrade Routes
An analysis of Philippines export footprint, which saw a total outbound value of$61,803,604,650 in 2024.United States remains the primary bilateral partner, accounting for15.8% of outbound supply channels.
Products Philippines Exports
Production & Manufacturing OutputExports
Identify Philippines top-performing manufacturing strengths. The dominant export sector is Monolithic integrated circuits, digital which contributes34.6% to the nation's overall output across2627 active export sectors.
Philippines Trade Performance Analysis
Economic Indicators & Market Flow • 2024
Based on 2024 trade records,Philippines maintains a robust commercial profile within Asia. The nation's trade architecture is heavily influenced by its export strength toUnited States, which represents 15.8% of its outbound market share across 128 destinations.
On the supply side, Philippines's industrial and consumer demand is largely met by imports from China, which accounts for approximately34.2% of its 114 trade origins. The integration of Monolithic integrated circuits, digital into the local economy highlights a strategic dependency on specific global value chains, representing 10.3% of total imports across 3977 commodities.
The primary export for Philippines is Monolithic integrated circuits, digital, which accounts for roughly 34.6% of overall exports across 2627 product categories.
Market Dominance In Imports
34.2%from China
Primary Import
HS-854211
Monolithic integrated circuits, digital
Market Dominance In Exports
15.8%to United States
Primary Export
HS-854211
Monolithic integrated circuits, digital
Bilateral Integration
Philippines integration accounts for $183,105,295,300 annual value.
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