The Philippines' top trading partners are China (23% of trade), Japan (13%), and the U.S. (12%), and its main exports are circuits, petroleum, machine parts, and cars, while its key natural resources that it trades include timber, petroleum, silver, gold, and copper. Without trading these domestic resources, the Philippines would struggle to import or export anything to other countries. China is the Philippines' best trading partner, accounting for 23% of both exports and imports.
The Philippines' top trading partners are China (23% of trade), Japan (13%), and the U.S. (12%), and its main exports are circuits, petroleum, machine parts, and cars, while its key natural resources that it trades include timber, petroleum, silver, gold, and copper. Without trading these domestic resources, the Philippines would struggle to import or export anything to other countries. China is the Philippines' best trading partner, accounting for 23% of both exports and imports.
The Philippines' top trading partners are China (23% of trade), Japan (13%), and the U.S. (12%), and its main exports are circuits, petroleum, machine parts, and cars, while its key natural resources that it trades include timber, petroleum, silver, gold, and copper. Without trading these domestic resources, the Philippines would struggle to import or export anything to other countries. China is the Philippines' best trading partner, accounting for 23% of both exports and imports.
The Philippines normally trade with these countries: China 23%|Japan 13%|U.S.A 12%|HongKong 9.8%|Singapore 5.4% These countries import to them: Circuits | Petroleum | Machine Parts | Cars. The Philippines almost spend $71, 8139 just to trade with other countries. Main resources The sea is a very important resource for the Philippines, The Philippines have a lot of natural resources they are: Timber| Petroleum | Silver | Gold | Copper if the Philippines dont trade these resources with anyone the Philippines will be broke nothing to import or export to other countries. Trading Partners The Philippines trade with some countries but there best trading partner is China. China trades all most 23% of exports and imports, the Philippines dont trade much with Australia the percentage of what they trade is only 4.3% of export and import.