Geographical trade map outline of Philippines

Philippines Asia

International Trade Statistics & Market Analysis • 2024

Imports

2024

Total Value$121.3B

Top Imports From

China

Top ProductMonolithic integrated circuits, digital

Exports

2024

Total Value$61.8B

Top Exports To

United States

Top ProductMonolithic integrated circuits, digital

Overview

Buyers

Suppliers

Bill of Lading Data

Product:

All Products

Year:

Countries Philippines Imports From

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

	HS Code	Product	Value	Share
	854211	Monolithic integrated circuits, digital	$11,695,039,220	10.3%
	270119	Other coal, not agglomerated, nes	$3,053,072,890	2.7%
	100630	Semi-milled or wholly milled rice	$2,261,346,680	2%
	100190	Spelt, common wheat and meslin	$2,034,577,280	1.8%
	852520	Transmission apparatus, for radioteleph incorpo	$1,851,851,840	1.6%
	847330	Parts and accessories of automatic data process	$1,811,370,960	1.6%
	870322	Automobiles with reciprocating piston engine di	$1,685,846,990	1.5%
	870421	Diesel powered trucks with a GVW not exceeding	$1,638,392,120	1.4%
	854290	Parts of electronic integrated circuits and mic	$1,631,283,060	1.4%
	300490	Other medicaments of mixed or unmixed products,	$1,334,876,510	1.2%
	870390	Automobiles nes including gas turbine powered	$1,263,447,370	1.1%
	880240	Aircraft nes of an unladen weight exceeding 15,	$1,263,370,830	1.1%
	210690	Other food preparations, nes	$1,128,497,420	1%
	871120	Motorcycles with reciprocating piston engine di	$1,061,875,930	0.9%
$Visual category for product Palm oil (excl. crude) and liquid fractions$	151190	Palm oil (excl. crude) and liquid fractions	$1,024,688,560	0.9%
	392690	Other articles of plastics, nes	$822,568,210	0.7%
	903090	Parts & access for inst & app for meas or check	$772,942,930	0.7%
	271111	Natural gas, liquefied	$767,725,710	0.7%
	271119	Petroleum gases and other gaseous hydrocarbons,	$763,811,940	0.7%
	720720	Semi-fin prod, iron or non-alloy steel, w/ carb	$734,800,230	0.6%

Total			$113,305,054,560

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

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

	HS Code	Product	Value	Share
	854211	Monolithic integrated circuits, digital	$24,094,165,340	34.6%
	847330	Parts and accessories of automatic data process	$4,913,955,670	7.1%
	854430	Ignition wiring sets&oth wiring sets of a kind	$2,473,202,220	3.6%
	740311	Copper cathodes and sections of cathodes unwrou	$1,413,777,410	2%
$Visual category for product Crude coconut (copra) oil and fractions thereof$	151311	Crude coconut (copra) oil and fractions thereof	$1,240,187,210	1.8%
	850440	Static converters, nes	$1,205,982,190	1.7%
$Visual category for product Coconut copra oil (excl. crude) and fractions t$	151319	Coconut copra oil (excl. crude) and fractions t	$948,890,660	1.4%
	852520	Transmission apparatus, for radioteleph incorpo	$848,547,420	1.2%
	903090	Parts & access for inst & app for meas or check	$839,912,030	1.2%
	900211	Objective lenses for cameras,projectors or phot	$826,130,540	1.2%
	710813	Gold in oth semi-manufactured forms,non-monetar	$814,101,260	1.2%
	853229	Electrical capacitors, fixed, nes	$782,778,770	1.1%
	848180	Taps, cocks, valves and similar appliances, nes	$743,977,250	1.1%
	852390	Prepared unrecorded media for sound recording o	$683,926,220	1%
	880330	Aircraft parts nes	$605,895,900	0.9%
	710812	Gold in unwrought forms non-monetary	$556,658,690	0.8%
	852990	Parts suitable for use solely or princ with the	$547,817,750	0.8%
	890190	Cargo vessels nes and other vessels for the tra	$533,799,900	0.8%
	270119	Other coal, not agglomerated, nes	$515,548,610	0.7%
	852691	Radio navigational aid apparatus	$433,752,340	0.6%

Total			$69,647,496,200

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

ID: PH-2024-STAT

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 of overall exports across product categories.

Access Full Philippines Trade Data

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Country	Value	Share
China	$41,440,243,040	34.2%
Other	$10,604,208,450	8.7%
Indonesia	$9,178,808,390	7.6%
Singapore	$8,578,817,300	7.1%
Japan	$7,387,387,410	6.1%
United States	$7,321,645,070	6%
Thailand	$6,951,294,300	5.7%
South Korea	$5,930,612,040	4.9%
Malaysia	$4,336,725,500	3.6%
Hong Kong	$4,108,954,760	3.4%
Germany	$1,843,822,530	1.5%
Brazil	$1,791,208,060	1.5%
India	$1,775,085,340	1.5%
Australia	$1,356,295,100	1.1%
France	$955,528,090	0.8%
Italy	$831,857,770	0.7%
Spain	$773,309,460	0.6%
United Kingdom	$633,521,820	0.5%
Canada	$613,805,670	0.5%
Netherlands	$595,570,380	0.5%

Total	$121,301,690,650

Country	Value	Share
United States	$9,742,181,020	15.8%
China	$9,370,240,110	15.2%
Other	$7,645,854,650	12.4%
Japan	$5,673,393,750	9.2%
Hong Kong	$4,128,702,420	6.7%
Germany	$2,967,860,500	4.8%
South Korea	$2,831,052,190	4.6%
Thailand	$2,400,458,640	3.9%
Mexico	$2,004,676,070	3.2%
Singapore	$1,587,677,930	2.6%
Netherlands	$1,562,300,290	2.5%
Malaysia	$1,370,567,980	2.2%
Indonesia	$1,197,781,640	1.9%
India	$1,115,590,330	1.8%
Switzerland	$1,032,181,480	1.7%
Canada	$825,302,820	1.3%
United Kingdom	$747,484,430	1.2%
France	$689,047,420	1.1%
Australia	$571,172,690	0.9%
Poland	$531,343,500	0.9%

Total	$61,803,604,650