Based on Philippines Import Trade Data, Philippines was the world's 34th largest importer country in 2020 across the globe and 43rd largest exporter country as per Philippines export trade data.
The custom import-export data of Philippines that Exim Trade Data provides is based on factual and reliable authorized data such as the Import Bills, Shipping Bills, Invoices and some other crucial import-export documents needed for trade across international borders.
For the authenticity of data, and to make sure we offer you 100% genuine, accurate and reliable customs import-export trade data, we derive data from the most reliable sources of information including Trade Associations, Port Authorities, Customs Departments, Shipping & Logistics Companies, Government Bodies, and some other Authorized sources of links from all over the globe.
Total Import-Export Value of The Philippines According To Philippines Trade Data
Given below total import-export value of the Philippines is based on Philippines Import-export data yearwise:
➢ The total import value of the Philippines in 2019 was $152.46 billion, an increase of 4.78% from 2018.
➢ The total import value of the Philippines in 2020 was $119.24 billion, a decline of 21.79% from 2019.
➢ The total export value of the Philippines in 2019 was $106.95 billion, an increase of 2.06% from 2018.
➢ The total export value of the Philippines in 2020 was $91.05 billion, a decline of 14.87 from 2019.
Trade Balance
➔ The trade balance of the Philippines for 2019 was $-45.51 billion, an increase of 11.79% from 2018.
➔ The trade balance of the Philippines for 2020 was $-28.19 billion, a decline of 38.05% from 2019.
What are the Main Exports of Philippines 2020?
As per market analysis research reports and Philippines export data, Electrical Machinery & Equipment $31.7 billion (49.7%), Edible Nuts & Fruits $2.3 billion (3.6%), Machinery & Computers $9.5 billion (14.9%), Plastics & Articles of Plastics & 895.4 million (1.4%), Technical, Optical & Medical Apparatus $1.8 billion (2.8%), Vehicles $939.1 million (1.5%), Ash, Slag & Ores $1.7 billion (2.7%), Vegetables/Animal Oils & Fats $918.8 million (1.4%), Precious Metals & Gems $1.4 billion (2.1%), and Copper $1.7 billion (2.7%) were some of the top exported products of Philippines in 2020 according to the Philippines export data.
Top 10 Major Imports Port List of Philippines
Given below are the major Philippines import port list based on Philippines trade statistics:
Port of Manila (Pantalan ng Maynila), Port of General Santos (Makar Wharf), Port of Cebu (Pantalan sa Sugbo), Port of Subic, Port of Iloilo (Pantalan ng lloilo), International Port of Batangas, Port of Davao (Sasa Wharf-Daungan ng Dabaw), Port of Cagayan de Oro ( Dakbayan sa Cagayan de Oro), Port of Lucena, and Port of Zamboanga.
What are the Major Export Partners of the Philippines?
According to the market research reports and Philippines Export Trade Data, Japan $9.92 billion, United States $9.72 billion, Singapore $3.76 billion, China $9.62 billion, South Korea $2.54 billion, Singapore $3.76 billion, Hong Kong $9.09 billion, Germany $2.37 billion, Thailand $2.88 billion, and Malaysia $1.75 billion were the top export partner countries of Philippines in 2020.
The custom import-export trade data that Exim Trade Data provides contains essential details including HS Code, Consignment & Shipping Details, Importer & Exporter Names, Product Description, Port Name, Date & Origin of Country, Rates-Unit-Volume-Quantity & Weight, Mode of Transport, and so on.
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