What are the major exports of the Philippines?
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). Philippines is also the world’s largest producer of coconut, pineapple and abaca.
What are the 10 top exports of the Philippines?
Philippines Top 10 Exports
- Ores, slag, ash: $2 billion (2.7%)
- Fruits, nuts: $1.9 billion (2.6%)
- Animal/vegetable fats, oils, waxes: $1.5 billion (2%)
- Plastics, plastic articles: $1.3 billion (1.7%)
- Vehicles: $1.17 billion (1.6%)
- Gems, precious metals: $1.14 billion (1.5%)
What did Philippines export?
The top export categories (2-digit HS) in 2020 were: electrical machinery ($2.2 billion), cereals (wheat) ($850 million), oilseeds and oleaginous fruits (soybean flour and meal) ($830 million), machinery ($733 million), and dairy, eggs, honey ($387 million).
What is the number 1 export of the Philippines?
Exports The top exports of Philippines are Integrated Circuits ($22.6B), Office Machine Parts ($9.32B), Electrical Transformers ($2.36B), Insulated Wire ($2.32B), and Semiconductor Devices ($2.18B), exporting mostly to China ($12.9B), United States ($10.7B), Japan ($10.3B), Hong Kong ($10B), and Singapore ($6.28B).
What are the major export and import of the Philippines?
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (85) Electrical Machinery | $35,833,959,803 |
| (84) Industrial Machinery | $10,128,340,685 |
| (08) Fruit & Nuts | $2,632,019,469 |
| (90) Precision Instruments | $1,704,451,820 |
What contributes the highest export value in the Philippines?
United States of America contributed the highest export value
- People’s Republic of China, USD 885.06 million (14.6%);
- Japan, USD 826.59 million (13.7%);
- Hong Kong, USD 738.94 million (12.2%); and.
- Singapore, USD 413.54 million (6.8%). (Figure 5 and Table 6)
What country does Philippines export the most?
the People’s Republic of China
By major trading partner, exports to the People’s Republic of China comprised the highest export value amounting to USD 1.04 billion or a share of 16.1 percent to the total exports during the month. Singapore, USD 360.40 million (5.6%).
Who does Philippines export to?
In 2019, Philippines major trading partner countries for exports were United States, Japan, China, Hong Kong, China and Singapore and for imports they were China, Japan, Korea, Rep., United States and Indonesia.
What does the Philippines import and export?
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 are the top 10 imports of the Philippines explain?
Philippines Top 10 Imports
- Electrical machinery, equipment: US$31.1 billion (25% of total imports)
- Mineral fuels including oil: $15.5 billion (12.4%)
- Machinery including computers: $11.8 billion (9.5%)
- Vehicles: $7 billion (5.6%)
- Iron, steel: $4.9 billion (3.9%)
- Plastics, plastic articles: $4.4 billion (3.5%)
What are the top 10 imports and exports of the Philippines?
What are the main imports and exports in Philippines?