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What does the Philippines trade with Singapore?

What does the Philippines trade with Singapore?

Philippines Exports to Singapore Value Year
Essential oils, perfumes, cosmetics, toileteries $7.75M 2021
Cereal, flour, starch, milk preparations and products $6.16M 2021
Iron and steel $6.03M 2021
Vegetable, fruit, nut food preparations $5.63M 2021

Which country does Philippines trade with the most?

Philippines Top Trading Partners

  • United States: US$11.9 billion (15.9% of total Filipino exports)
  • Mainland China: $11.5 billion (15.5%)
  • Japan: $10.7 billion (14.4%)
  • Hong Kong: $9.9 billion (13.3%)
  • Singapore: $4.2 billion (5.6%)
  • Thailand: $3.5 billion (4.6%)
  • Germany: $2.9 billion (3.9%)
  • South Korea: $2.6 billion (3.4%)

What does the Philippines export to Singapore?

The main products that Philippines exported to Singapore are Integrated Circuits ($4.05B), Other Measuring Instruments ($757M), and Semiconductor Devices ($293M). During the last 25 years the exports of Philippines to Singapore have increased at an annualized rate of 7.27%, from $1.09B in 1995 to $6.28B in 2020.

What does Singapore import from Philippines?

Singapore Imports from Philippines Value Year
Electrical, electronic equipment $5.25B 2020
Optical, photo, technical, medical apparatus $847.43M 2020
Machinery, nuclear reactors, boilers $406.45M 2020
Mineral fuels, oils, distillation products $111.74M 2020

How Singapore Help Philippines?

The Singapore Government has sent humanitarian relief supplies to the Philippines in response to the devastation caused by the landslides in Southern Leyte. These supplies include medicine, food, blankets, tents and other relief materials.

What is the relationship between Philippines and Singapore?

Relations between the two countries have remained strong and vibrant through the years. The Philippines and Singapore also enjoy strong bilateral economic ties. Singapore is the Philippines’ 5th largest export market worldwide and the 1st in ASEAN, with export receipts amounting to US$3.83 billion in 2019.

What is the number one export of the Philippines?

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 does Singapore and Philippines have in common?

The Philippines and Singapore are both founding members of ASEAN. Relations between the two countries have remained strong and vibrant through the years. The Philippines and Singapore also enjoy strong bilateral economic ties.

What is the similarities of Singapore and Philippines?

Just like in Singapore, English is also one of the main languages in the Philippines. In fact, Singapore and the Philippines are easily the top two English-speaking countries in Asia. Naturally, this means that both Singaporeans and Filipinos have no problem understanding each other.

What country is the best trade partner for the Philippines and why?

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Japan 10,675 15.05
China 9,814 13.84
Hong Kong, China 9,625 13.57
Singapore 3,832 5.40

What is the biggest export of the Philippines?

Philippines Top 10 Exports

  • Electrical machinery, equipment: US$38.1 billion (51% of total exports)
  • Machinery including computers: $9.5 billion (12.7%)
  • Copper: $2.6 billion (3.5%)
  • Optical, technical, medical apparatus: $2.2 billion (3%)
  • Ores, slag, ash: $2 billion (2.7%)
  • Fruits, nuts: $1.9 billion (2.6%)

What are the top 10 imports of the Philippines?

According to Philippines trade data, Philippines’ top 10 imports in 2020 were Electrical Machinery & Equipment (28.5%), Machinery (10.1%), Mineral Fuels & Oils (8.8%), Vehicles (5.6%), Iron & Steel (3.6%), Plastics (3.4%), Cereals (2.9%), Optical, Photographic, Medical Equipment (2.1%), Articles of Iron & Steel (1.9%) …

What are the top 10 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%)

How does the rate of growth in the Philippines compare with that of Singapore?

Compared with other countries in the region, the Philippines is experiencing rapid population growth. The rate of natural increase — the birth rate minus the death rate — is 2.2 percent, compared with 0.8 percent in Thailand and Singapore and 1.9 percent in Malaysia.

What are the differences between Philippines and Singapore?

Both countries have different food, with Filipinos being heavily influenced by Eastern and Western countries while Singapore primarily has food from China, Malaysia,India, Western and even its own Singaporean food.

What Philippines export the most?

What is the largest export of the Philippines?

What is the main export of Philippines?

How much did the Philippines export to Singapore in 2021?

Philippines Exports to Singapore was US$4.19 Billion during 2021, according to the United Nations COMTRADE database on international trade. Philippines Exports to Singapore – data, historical chart and statistics – was last updated on May of 2022.

What are the highlights of the Philippine export and import statistics?

Read more about Highlights of the Philippine Export and Import Statistics September 2021 (Preliminary). The country’s total external trade in goods in August 2021, which amounted to USD 16.51 billion, grew at an annual rate of 25.3 percent.

What is the number one trading partner of the Philippines?

At the same time, Singapore is the number one trading partner in ASEAN for the Philippines, and its fifth top trading partner, after Japan, U.S.A., Hong Kong, and China, for a total trade volume of US$3.7b, and a 6.6% share of Filipino exports.

How many Singaporeans visited the Philippines in 2016?

As we all know, Singaporeans enjoy traveling a lot, and 176,057 citizens of the Lion City visited the Philippines in 2016, with Singapore representing the 7th country of origin of international visitors, and almost 3% of the total of 5,967,005 international visitors.