Philippines
ECON COMPLEXITY (2018)
0.5
RANK 46 OF 137
PRODUCT EXPORTS (2018)
$97.8B
RANK 38 OF 222
EXPORTS PER CAPITA (2018)
$917
RANK 88 OF 219
PRODUCT IMPORTS (2018)
$135B
RANK 33 OF 221
IMPORTS PER CAPITA (2018)
$1.26K
RANK 87 of 219
SERVICE EXPORTS (2018)
$34.2B
RANK 16 OF 88
SERVICE IMPORTS (2018)
$26.7B
RANK 23 OF 88
GDP (2018)
$331B
CURRENT US$
RANK 38 OF 196
GDP GROWTH (2008-2018)
90%
CURRENT US$
RANK 38 OF 196
GDP PC (2018)
$3,103
CURRENT US$
RANK 137 OF 196
GDP PC GROWTH (2008-2018)
61.9%
CURRENT US$
RANK 36 OF 196
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.
Exports
In 2018 Philippines exported a total of $97.8B, making it the number 38 exporter in the world. During the last five reported years the exports of Philippines have changed by $17.6B from $80.2B in 2013 to $97.8B in 2018.
The most recent exports are led by Integrated Circuits ($30.7B), Office Machine Parts ($8.89B), Computers ($4.97B), Semiconductor Devices ($3.42B), and Electrical Transformers ($2.48B).
Imports
In 2018 Philippines imported $135B, making it the number 33 trade destination in the world. During the last five reported years the imports of Philippines changed by $56.8B from $77.7B in 2013 to $135B in 2018.
The most recent imports of Philippines are led by Integrated Circuits ($20.1B), Refined Petroleum ($9.22B), Crude Petroleum ($4.79B), Cars ($3.78B), and Planes, Helicopters, and/or Spacecraft ($2.46B).
Trade Balance
As of 2018 the Philippines had a negative trade balance of $5.9B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $6.34B in net imports.
Destinations
The most common destination for the exports of Philippines are Hong Kong ($13.9B), United States ($13.8B), China ($13.3B), Japan ($11.2B), and Singapore ($7.92B).
Origins
The most common import partners for Philippines are China ($32.3B), South Korea ($12.6B), Japan ($11.6B), Chinese Taipei ($10.2B), and United States ($9.15B).