Philippines Imports. Philippines major imports are: electronic products (25 percent), mineral fuels (21 percent) and transport equipment (10 percent). Philippines’s main import partners are: China (13 percent), the United States (11 percent), Japan (8 percent) and Taiwan (8 percent).

What goods does Philippines import and export?

Philippines´ Main Exports

• Coconut oil. In 2018, coconut oil from the Philippines dominated the export market with 1.2 million tones ahead of Indonesia’s 885,000 tonnes and India’s 390, 000 tonnes.
• Petroleum Products.
• Electronic Products.
• Refined Petroleum.
• Cars.
• Office parts and integrated circuits.

What do you think is the biggest export country for the Philippines?

The top export destinations of the Philippines are Hong Kong ($13.9 billion), United States ($13.8 billion), China ($13.3 billion), Japan ($11.2 billion), and Singapore ($7.92 billion).

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.

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.

Who are the main importers of oil to the Philippines?

The main refined oil import partners of the Philippines are the Russians and the Saudi Arabians. he Philippines benefits from great trade relations with Japan which has resulted in a steady influx of used and new Japanese cars into their market.

What foods can be imported into the Philippines?

A broad range of commodities require import clearance/licenses from appropriate government agencies prior to importation into the Philippines. Discretionary licensing arrangements are in place for rice imports. The National Food Authority (NFA) is the sole importer of rice and continues to be involved in the importation of corn.