Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent).

What products are made in the Philippines?

Philippine export products primarily include electronics, garments and textiles, footwear and leather goods, furniture, jewelry, marine and aquamarine, and mineral products.

What raw materials does the Philippines export?

The Philippines is a leading exporter of electronic products including processors, chips and hard drives as well as of agricultural products, including coconut, pineapple and abaca. Major export partners are Japan, the United States and China.

How much does the Philippines export and import?

Highlights of the Philippine Export and Import Statistics June 2020 (Preliminary) The country’s total external trade in goods in June 2020, which amounted to USD 11.97 billion, declined at an annual rate of 19.9 percent.

Who are the main export partners of the Philippines?

Philippines is also the world’s largest producer of coconut, pineapple and abaca. Philippines’s main export partners are: Japan (21 percent), the United States (15 percent), China (12 percent) and Hong Kong (8 percent).

What’s the total external trade in the Philippines?

The country’s total external trade in goods in August 2019 reached USD14.91 billion, reflecting a decrease of 7.0 percent from the USD16.03 billion external trade in the same month of the previous year. Of the total external trade, USD6.25 billion or 41.9 percent were exported goods and USD8.66 billion or 58.1 percent were imported goods.

Which is the fastest selling product in the Philippines?

Since the boom of computer accessory exports in 2008 the Philippines has seen this industry as one of the fastest selling products we have. The electronic industry remains the top selling product of the country accounting to 51% of our total exports.