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Philippines Import Data

Learn more about the Import Data of Philippines and their key import products.
Globe

How does the import of Philippines looks like in the world market?

Situated in Southeast Asia, the Philippines has an emerging and diverse economy. In 2019, the country's imports were valued at approximately USD 115 billion. The Philippines relies on imports to meet its domestic needs and support its industries. Key import products include electronic products (USD 38 billion), mineral fuels (USD 14 billion), and machinery and mechanical appliances (USD 9 billion). With major import partners including China, Japan, and the United States, the Philippines aims to enhance its import capabilities through trade diversification, investment in key sectors, and sustainable development practices. By promoting its outsourcing and services industry, supporting agriculture, and fostering strategic trade partnerships, the Philippines seeks to drive economic growth, create employment opportunities, and improve the well-being of its population.

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How many real import shipments of Philippines can be seen on ABRAMS.wiki?

The Philippines Import Data comprises statistical data regarding the business activities in the country. This information is primarily utilized for conducting in-depth research on the import market of Philippines. Our extensive database encompasses over [MERGE TAG] shipment records of imports into Philippines. The Philippines trade data is derived from various documents such as Shipping Bills, Import Bills, Invoices, and other relevant import-export documentation.

Top 10 import Partners

Which are the Top 10 Import Partners of Philippines based on our trade data?

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Top 5 Import Product categories of Philippines

The top product categories imported by Philippines vary based on different periods and economic factors. During the last years the following categories were the most prominent:

1. Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

HS Code: 84
Description: HS Code 84 refers to the Harmonized System category for Nuclear reactors, boilers, machinery, and mechanical appliances. It includes parts thereof, sorted into specific subheadings for each type of item. It covers a wide range of equipment, from medical devices and engines, to air conditioning units and industrial assembly machines.

2. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

HS Code: 87
Description: HS Code 87 pertains to vehicles, aircraft, vessels and associated transport equipment. It includes all forms of road vehicles such as cars, motorcycles, and trucks, as well as railway and tramway vehicles. It also covers aircraft (both powered and non-powered) and spacecraft. Additionally, it involves all types of ships and boats for the transportation of goods and people.

3. Electrical machinery, apparatus and appliances and parts thereof

HS Code: 85
Description: HS Code 85 pertains to electrical machinery and equipment, sound recorders, television image recorders, and their associated parts. This broad category includes items like wires, batteries, loudspeakers, electric motors, generators, and microphones. It also includes radar apparatus, radio navigational aid apparatus, and different types of recording or reproducing apparatus.

4. Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

HS Code: 27
Description: HS Code 27 pertains to mineral fuels, mineral oils, and products of their distillation; bituminous substances; mineral waxes. This covers a broad range of petroleum and coal-based products including, but not limited to, coal, oil, petroleum gases, and bituminous mixtures. It also refers to the by-products of the petroleum industry.

5. Organic chemicals

HS Code: 29
Description: HS Code 29 pertains to organic chemicals. It includes a wide variety of chemical compounds, such as alcohols, phenols, ethers, aldehydes, ketones, carboxylic acids, and their derivatives. Products under this code are used in numerous industries, from pharmaceuticals, agriculture, to manufacturing.

Number 1

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
HS Code: 84
Description: HS Code 84 refers to the Harmonized System category for Nuclear reactors, boilers, machinery, and mechanical appliances. It includes parts thereof, sorted into specific subheadings for each type of item. It covers a wide range of equipment, from medical devices and engines, to air conditioning units and industrial assembly machines.

Which are the most important suppling countries of »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) for the Philippines?

The top supplying countries for the Philippines for »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) are:
People's Republic of China, United States of America, Hong Kong, Thailand, Germany

Which companies on the Philippines are purchasing »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84)?

Companies on the Philippines purchasing »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) can be found within the Free Search of ABRAMS world trade wiki.

Who are suppliers of »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) for customers on the Philippines?

Suppliers for customers on the Philippines for »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) can be found within the Free Search of ABRAMS world trade wiki.

Number 2

Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
HS Code: 87
Description: HS Code 87 pertains to vehicles, aircraft, vessels and associated transport equipment. It includes all forms of road vehicles such as cars, motorcycles, and trucks, as well as railway and tramway vehicles. It also covers aircraft (both powered and non-powered) and spacecraft. Additionally, it involves all types of ships and boats for the transportation of goods and people.

Which are the most important suppling countries of »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) for the Philippines?

The top supplying countries for the Philippines for »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) are:
Thailand, Japan, United States of America, People's Republic of China, South Africa

Which companies on the Philippines are purchasing »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87)?

Companies on the Philippines purchasing »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) can be found within the Free Search of ABRAMS world trade wiki.

Who are suppliers of »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) for customers on the Philippines?

Suppliers for customers on the Philippines for »Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof« (HS-Code: 87) can be found within the Free Search of ABRAMS world trade wiki.

Number 3

Electrical machinery, apparatus and appliances and parts thereof
HS Code: 85
Description: HS Code 85 pertains to electrical machinery and equipment, sound recorders, television image recorders, and their associated parts. This broad category includes items like wires, batteries, loudspeakers, electric motors, generators, and microphones. It also includes radar apparatus, radio navigational aid apparatus, and different types of recording or reproducing apparatus.

Which are the most important suppling countries of »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) for the Philippines?

The top supplying countries for the Philippines for »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) are:
Hong Kong, United States of America, Japan, People's Republic of China, Singapore

Which companies on the Philippines are purchasing »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85)?

Companies on the Philippines purchasing »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) can be found within the Free Search of ABRAMS world trade wiki.

Who are suppliers of »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) for customers on the Philippines?

Suppliers for customers on the Philippines for »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) can be found within the Free Search of ABRAMS world trade wiki.

Number 4

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
HS Code: 27
Description: HS Code 27 pertains to mineral fuels, mineral oils, and products of their distillation; bituminous substances; mineral waxes. This covers a broad range of petroleum and coal-based products including, but not limited to, coal, oil, petroleum gases, and bituminous mixtures. It also refers to the by-products of the petroleum industry.

Which are the most important suppling countries of »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) for the Philippines?

The top supplying countries for the Philippines for »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) are:
People's Republic of China, South Korea, Thailand, Bahrain, Malaysia

Which companies on the Philippines are purchasing »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27)?

Companies on the Philippines purchasing »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) can be found within the Free Search of ABRAMS world trade wiki.

Who are suppliers of »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) for customers on the Philippines?

Suppliers for customers on the Philippines for »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) can be found within the Free Search of ABRAMS world trade wiki.

Number 5

Organic chemicals
HS Code: 29
Description: HS Code 29 pertains to organic chemicals. It includes a wide variety of chemical compounds, such as alcohols, phenols, ethers, aldehydes, ketones, carboxylic acids, and their derivatives. Products under this code are used in numerous industries, from pharmaceuticals, agriculture, to manufacturing.

Which are the most important suppling countries of »Organic chemicals« (HS-Code: 29) for the Philippines?

The top supplying countries for the Philippines for »Organic chemicals« (HS-Code: 29) are:
People's Republic of China, Japan, Netherlands, South Korea, United States of America

Which companies on the Philippines are purchasing »Organic chemicals« (HS-Code: 29)?

Companies on the Philippines purchasing »Organic chemicals« (HS-Code: 29) can be found within the Free Search of ABRAMS world trade wiki.

Who are suppliers of »Organic chemicals« (HS-Code: 29) for customers on the Philippines?

Suppliers for customers on the Philippines for »Organic chemicals« (HS-Code: 29) can be found within the Free Search of ABRAMS world trade wiki.

Import Export Arrows

What is the general Import and Export perspective of Philippines?

Philippines had a total export of 74,619,528.76 in thousands of US$ and total imports of 124,390,447.22 in thousands of US$ leading to a negative trade balance of -49,770,918.46 in thousands of US$. The Effectively Applied Tariff Weighted Average (customs duty) for Philippines is 1.73% and the Most Favored Nation (MFN) Weighted Average tariff is 5.75%. The trade growth is 11.65% compared to a world growth of 12.59%. GDP of Philippines is 394,087,362,017.32 in current US$. Philippines services export is 33,570,007,667.31 in BoP, current US$ and services import is 19,531,184,172.76 in Bop, current US$. Philippines exports of goods and services as percentage of GDP is 25.75% and imports of goods and services as percentage of GDP is 37.73%.

Source: World Bank

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