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PHILIPPINES TOP 10 IMPORTS

The following product groups represent the highest dollar value worth of
import purchases during 2019. Also shown is the percentage share each
product category represents in terms of overall imports into the Philippines.

PRODUCTS US DOLLAR VALUE PERCENTAGE IN


OVERALL IMPORTS
(billion)
(%)

1. Electrical 27 23.9
Machinery,
equipment

2. Mineral Fuels 13.6 12


including Oil

3. Machinery 12.5 11.1


including
Computers

4. Vehicles 8.5 7.5

5. Iron, steel 3.9 3.5

6. Plastics, Plastic 3.7 3.3


Articles

7. Cereals 2.9 2.6

8. Aircraft, 2.8 2.5


Spacecraft

9. Optical, 2.4 2.1


Technical,
Medical
Apparatus

10. Articles of 1.9 1.7


Iron or Steel

The Philippines’ top 10 imports accounted for over two-thirds (70.1%) of the
overall value of its product purchases from other countries.

Imported optical, technical and medical apparatus posted the fastest-


growing increase in value among the top 10 import categories, up 17.5%
from 2018 to 2019. The other top category to expand was cereals via its
7% gain, bolstered by Philippines’ higher international sales of rice and
wheat.

Leading decliners year over year were iron and steel (down -24.7%) and
aircraft and spacecraft (down -14.5%).
PHILIPPINES TOP 10 EXPORTS
The following export product groups categorize the highest dollar value in
Filipino global shipments during 2019. Also shown is the percentage share
each export category represents in terms of overall exports from the
Philippines.

PRODUCTS US DOLLAR VALUE PERCENTAGE IN


OVERALL EXPORTS
(billion)
(%)
1. Electrical 34.7 49.3
Machinery,
equipment

2. Machinery 10.6 15.1


including
Computers

3. Fruits, nuts 2.6 3.7

4. Optical, 2.2 3.1


Technical,
Medical
Apparatus

5. Gems, Precious 1.6 2.3


Metals

6. Copper 1.4 2

7. Ores, Slag, Ash 1.2 1.8

8. Vehicles 1.1 1.5

9. Mineral Fuels 1.04 1.5


including Oil

10. Plastics, 1.02 1.5


Plastic Articles
Philippines top 10 exports accounted for over four-fifths (81.8%) of the
overall value of its global shipments.

Fruits and nuts was the fastest grower among the Philippines’ top 10 export
categories, up 25.5% from 2018 to 2019. In second place for improving
export sales were Filipino shipments of plastics including articles made
from plastic which appreciated 12.4%. Gems and precious metals posted
the third-fastest gain up 12%, due to superior sales of gold and silver.

Mineral fuels including oil was the severest decliner among export
categories for the Philippines. Its -9.4% year-over-year drop was weighed
down by diminishing international sales of refined and crude petroleum oils.

http://www.worldstopexports.com/philippines-top-10-exports/
http://www.worldstopexports.com/philippines-top-10-imports/

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