The United States was the leading trade partner of the Philippines for its export products in 2023, with a total value of 11.55 billion U.S. dollars. Japan followed with approximately 11 billion U.S. dollars worth of exports. Manufactured goods were the major exported product of the Philippines in that year.
China was the leading import partner of the Philippines in 2023, with a total value of 29.4 billion U.S. dollars. Indonesia followed with approximately 12 billion U.S. dollars worth of imports. Raw materials and intermediate goods were the major imported product of the Philippines in that year.
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Exports YoY in Philippines increased to 6.30 percent in January from -1.90 percent in December of 2024. This dataset includes a chart with historical data for Philippines Exports YoY.
In 2023, the Philippines exported about 11.1 million U.S. dollars worth of cosmetic products to Japan. Among the other trade partners of the Philippines for its cosmetic products were Singapore, Malaysia, and the United Arab Emirates.
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This page displays a table with Philippines Exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.
In 2023, ASEAN member states accounted for 34 percent of the total agricultural imports to the Philippines, followed by the United States at 18 percent. On the other hand, Australia accounted for seven percent of the country's entire agricultural imports.
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Philippines NEER: Index: Annual Ave: Trade Partners: Advanced Countries data was reported at 11.512 1980=100 in 2017. This records a decrease from the previous number of 12.148 1980=100 for 2016. Philippines NEER: Index: Annual Ave: Trade Partners: Advanced Countries data is updated yearly, averaging 15.374 1980=100 from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 100.000 1980=100 in 1980 and a record low of 9.965 1980=100 in 2004. Philippines NEER: Index: Annual Ave: Trade Partners: Advanced Countries data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M011: Effective Exchange Rate Index: Bangko Sentral ng Pilipinas (BSP).
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Cyprus Exports: Asia: Philippines data was reported at 103.000 EUR th in Nov 2024. This records a decrease from the previous number of 303.000 EUR th for Oct 2024. Cyprus Exports: Asia: Philippines data is updated monthly, averaging 104.000 EUR th from May 2003 (Median) to Nov 2024, with 255 observations. The data reached an all-time high of 11,464.000 EUR th in Mar 2021 and a record low of 3.000 EUR th in Nov 2010. Cyprus Exports: Asia: Philippines data remains active status in CEIC and is reported by Statistical Service of Cyprus. The data is categorized under Global Database’s Cyprus – Table CY.JA004: Exports: by Trading Partner.
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Philippines NEER: Index: Trade Partners: Developing Countries data was reported at 21.745 1980=100 in Nov 2018. This records an increase from the previous number of 21.298 1980=100 for Oct 2018. Philippines NEER: Index: Trade Partners: Developing Countries data is updated monthly, averaging 24.278 1980=100 from Jan 1993 (Median) to Nov 2018, with 311 observations. The data reached an all-time high of 38.825 1980=100 in Dec 1994 and a record low of 20.806 1980=100 in Apr 2018. Philippines NEER: Index: Trade Partners: Developing Countries data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M011: Effective Exchange Rate Index: Bangko Sentral ng Pilipinas (BSP).
This statistic shows the main export partner countries for the Philippines in 2017. In 2017, the main export partner of the Philippines was Japan, with a share of 16.4 percent in exports.
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Philippines REER: Index: Trade Partners: Developing Countries data was reported at 106.990 1980=100 in Oct 2018. This records an increase from the previous number of 105.820 1980=100 for Sep 2018. Philippines REER: Index: Trade Partners: Developing Countries data is updated monthly, averaging 108.805 1980=100 from Jan 1993 (Median) to Oct 2018, with 310 observations. The data reached an all-time high of 120.630 1980=100 in Jan 2013 and a record low of 87.246 1980=100 in Mar 2004. Philippines REER: Index: Trade Partners: Developing Countries data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M011: Effective Exchange Rate Index: Bangko Sentral ng Pilipinas (BSP).
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Philippines REER: Index: Annual Ave: Trade Partners: Developing Countries data was reported at 110.919 1980=100 in 2017. This records a decrease from the previous number of 116.425 1980=100 for 2016. Philippines REER: Index: Annual Ave: Trade Partners: Developing Countries data is updated yearly, averaging 104.026 1980=100 from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 117.807 1980=100 in 2015 and a record low of 88.761 1980=100 in 2004. Philippines REER: Index: Annual Ave: Trade Partners: Developing Countries data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M011: Effective Exchange Rate Index: Bangko Sentral ng Pilipinas (BSP).
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Netherlands Imports from Philippines was US$2.41 Billion during 2024, according to the United Nations COMTRADE database on international trade. Netherlands Imports from Philippines - data, historical chart and statistics - was last updated on March of 2025.
In 2023, the Philippines imported approximately 62 million U.S. dollars worth of cosmetics, skincare, and beauty care from Thailand. Among the popular Thai brands imported to the country were Snail White, A Bonne Spa Milk Salt, and Mistine. China was the second leading source of imported cosmetic products to the Philippines, amounting to about 33 million U.S. dollars.
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Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.
Trade is a key means to fight poverty and achieve the Millennium Development Goals, specifically by improving developing country access to markets, and supporting a rules based, predictable trading system. In cooperation with other international development partners, the World Bank launched the Transparency in Trade Initiative to provide free and easy access to data on country-specific trade policies.
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Statistics illustrates the import volume of Wood Residues, Pellets and Other Agglomerates in the Philippines from Jan 2019 to Feb 2025 by trade partner.
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Philippines REER: Index: Trade Partners: Advanced Countries data was reported at 78.129 1980=100 in Nov 2018. This records an increase from the previous number of 76.306 1980=100 for Oct 2018. Philippines REER: Index: Trade Partners: Advanced Countries data is updated monthly, averaging 69.905 1980=100 from Jan 1993 (Median) to Nov 2018, with 311 observations. The data reached an all-time high of 92.805 1980=100 in Jan 2015 and a record low of 48.144 1980=100 in Dec 2004. Philippines REER: Index: Trade Partners: Advanced Countries data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M011: Effective Exchange Rate Index: Bangko Sentral ng Pilipinas (BSP).
Electronic products were the leading export goods from the Philippines, with a freight on board (FOB) value of about 42 billion U.S. dollars in 2023. This was followed by other manufactured goods, with export value of about four billion U.S. dollars.
What electronic products are being produced in the Philippines?
With a total export value of around 1.48 billion U.S. dollars, semiconductors accounted for about half of the total goods exported from the Philippines. These products, sometimes referred to as integrated circuits (IC) or microchips, are used in many electrical appliances, consumer electronic products, and even in trains and telecommunications infrastructure. Apart from semiconductors, the electronics industry also produces electronic data processing products such as hard disk drives, consumer electronics, and automotive electronics. Overall, the electronic exports in the Philippines reflected gradual growth in recent years, apart from the decline in 2020.
Major trade partners for electronic exports
Asian countries, primarily Hong Kong, China, and Singapore, were the main destinations for electronic exports from the Philippines, primarily for semiconductor components and devices. Meanwhile, the United States and Thailand were the major trade partners for hard disk drives and other electronic data processing products produced in the Philippines. Other destinations for electronic exports were Japan, Taiwan, and South Korea.
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Philippines Exports: Regional Comprehensive Economic Partnership data was reported at 2.976 USD bn in Jan 2025. This records an increase from the previous number of 2.684 USD bn for Dec 2024. Philippines Exports: Regional Comprehensive Economic Partnership data is updated monthly, averaging 2.950 USD bn from Oct 2023 (Median) to Jan 2025, with 14 observations. The data reached an all-time high of 5.120 USD bn in Mar 2024 and a record low of 2.593 USD bn in Jun 2024. Philippines Exports: Regional Comprehensive Economic Partnership data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.JA042: Trade Statistics: Imports and Exports: Value: by Economic Bloc.
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Philippines NEER: Index: Annual Ave: Trade Partners: Developing Countries data was reported at 22.544 1980=100 in 2017. This records a decrease from the previous number of 24.030 1980=100 for 2016. Philippines NEER: Index: Annual Ave: Trade Partners: Developing Countries data is updated yearly, averaging 30.537 1980=100 from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 100.599 1980=100 in 1981 and a record low of 21.556 1980=100 in 2005. Philippines NEER: Index: Annual Ave: Trade Partners: Developing Countries data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M011: Effective Exchange Rate Index: Bangko Sentral ng Pilipinas (BSP).
The United States was the leading trade partner of the Philippines for its export products in 2023, with a total value of 11.55 billion U.S. dollars. Japan followed with approximately 11 billion U.S. dollars worth of exports. Manufactured goods were the major exported product of the Philippines in that year.