Philippines Major Trade Partners

Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. The first table below shows top trading partners of Philippines in terms of export sales (selling), including United States, Japan, and China. The second lists top trade partners of Philippines regarding import total (buying). That is, most products are imported from these countries to Philippines.

Philippines Major Exports

Market Value: 44,943 (millions) – Last Updated: June, 2024

Rank	Country (Exports To)	Trade Value (thousands)	Share (%)
1	United States	8,102,117	18.03
2	Japan	7,596,011	16.90
3	China	5,388,615	11.99
4	Hong Kong	4,907,052	10.92
5	Netherlands	3,670,090	8.17
6	Singapore	2,536,659	5.64
7	South Korea	2,457,992	5.47
8	Germany	2,392,528	5.32
9	Malaysia	1,895,536	4.22
10	Thailand	1,438,604	3.20
11	Belgium	616,158	1.37
12	Indonesia	546,098	1.22
13	United Kingdom	434,776	0.97
14	Vietnam	341,080	0.76
15	Italy	253,200	0.56
16	France	225,590	0.50
17	Canada	214,801	0.48
18	United Arab Emirates	205,663	0.46
19	India	154,414	0.34
20	Mexico	152,612	0.34
21	Spain	148,123	0.33
22	Hungary	102,362	0.23
23	Finland	82,409	0.18
24	Iran	81,666	0.18
25	South Africa	76,394	0.17
26	East Timor	68,406	0.15
27	Czech Republic	68,313	0.15
28	Marshall Islands	62,311	0.14
29	Brazil	55,193	0.12
30	Turkey	47,937	0.11
31	Chile	45,813	0.10
32	Saudi Arabia	45,674	0.10
33	Austria	43,187	0.10
34	Switzerland	38,344	0.09
35	Ireland	36,255	0.08
36	New Zealand	33,530	0.07
37	Kuwait	32,132	0.07

 

Philippines Major Imports

Market Value: 51,202 (millions) – Last Updated: June, 2024

Rank	Country (Imports From)	Trade Value (thousands)	Share (%)
1	United States	7,393,401	14.44
2	Japan	6,791,601	13.26
3	Singapore	5,966,995	11.65
4	Saudi Arabia	5,149,049	10.06
5	China	4,055,323	7.92
6	South Korea	2,896,665	5.66
7	Thailand	2,797,649	5.46
8	Malaysia	2,407,111	4.70
9	Hong Kong	1,870,862	3.65
10	Vietnam	1,739,451	3.40
11	Indonesia	1,465,857	2.86
12	United Arab Emirates	1,362,272	2.66
13	Germany	943,845	1.84
14	France	735,434	1.44
15	Ireland	630,010	1.23
16	India	535,756	1.05
17	New Zealand	401,875	0.78
18	Netherlands	381,614	0.75
19	Brazil	335,104	0.65
20	Iran	291,392	0.57
21	United Kingdom	260,614	0.51
22	Canada	251,947	0.49
23	Switzerland	221,685	0.43
24	Qatar	187,743	0.37
25	Belgium	186,324	0.36
26	Italy	169,997	0.33
27	Sweden	159,873	0.31
28	Finland	145,136	0.28
29	Papua New Guinea	143,963	0.28
30	Russia	136,316	0.27
31	Israel	134,825	0.26
32	Spain	109,222	0.21
33	Pakistan	108,732	0.21
34	Denmark	90,667	0.18
35	Chile	77,967	0.15
36	Czech Republic	74,839	0.15