IMPORT EXPORT
Philippines export

Philippines Export data

The Philippines has surfaced as a crucial player in the global export market, thanks to its different range of products and industries. With a long history of transnational marketable efforts, the Philippines is a significant exporter of goods in international trade. The Philippines is an important contributor to the ASEAN's (Association of Southeast Asian Nations) trade and investment environment. However, analyzing the Philippines' export data for 2022 is pivotal to making informed opinions and tapping into new business openings If you're a global dealer or investor. According to the Philippines export data, the Philippines exported goods worth a total of $115.26 billion in 2022. Exports of goods from the Philippines increased by 5.77% from 2021 to 2022. The value of goods exported from the Philippines increased by $4.3 billion in 2022. Let’s delve into the world of the Philippines' export data, furnishing precious perceptivity and analysis to help you navigate this dynamic request along with insights into its top exports and export partners in 2022.

Philippines Export Data | Philippines Trade Data

49

The country has been ranked 49th in global exports, showing a significant position in the international trade landscape.

0.43%

With a mere 0.43% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

USA

The USA holds a significant role as the largest export partner of the country in terms of goods exports.

ELECTRONIC INTEGRATED CIRCUITS

Electronic integrated circuits are the major and biggest export commodities of the country, playing a vital role in its economy.

export

Top 10 Exports from the Philippines in 2022

The Philippines boasts a robust export sector, contributing significantly to its economic growth. When it comes to exports, the country has a diverse portfolio that spans various industries. Its top 10 exports include electronic equipment, machinery, mineral products, vehicles, and coconut oil, to name a few. The top 10 Philippines exports in 2022 include:

  • Electronic integrated circuits and micro-apparatus: 36% ($28 billion)
  • Insulated wires and cables: 3.51% ($2.77 billion)
  • Automatic data processing machines and magnetic or optical readers: 2.94% ($2.32 billion)
  • Coconut, palm kernel, or babassu oil: 2.69% ($2.12 billion)
  • Printing machinery and other printing components: 2.59% ($2.04 billion)
  • Refined copper and copper alloys, unwrought: 2.43% ($1.92 billion)
  • Electrical transformers, static converters, and inductors: 2.29% ($1.81 billion)
  • Semiconductor devices: 2.16% ($1.71 billion)
  • Electrical apparatus for line telephony or line telegraphy: 1.78% ($1.41 billion)
  • Nickel ores and concentrates: 1.59% ($1.25 billion)
    • Partners

    Top 10 Exporting Partners of the Philippines

    In terms of export partners, the Philippines has forged strong trade ties with several countries. Its top 10 export partners include the United States, Japan, China, Hong Kong, and Singapore, demonstrating the country's commitment to fostering international trade relationships. Major exporting partners of the Philippines in 2022 include:

    Value In Percentage(%)

  • USA: 15.8% (12.4 billion US$) 
  • Japan: 14% (11 billion US$) 
  • China: 13.8% (10.9 billion US$) 
  • Hong Kong: 13.2% (10.4 billion US$) 
  • Singapore: 6.21% (4.9 billion US$) 
  • Thailand: 4.27% (3.37 billion US$) 
  • Korea: 3.96% (3.12 billion US$) 
  • Other Asian nations: 3.75% (2.96 billion US$) 
  • Netherlands: 3.72% (2.94 billion US$) 
  • Germany: 3.52% (2.77 billion US$) 
    • Sample Data

    The Significance of the Philippines Export Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see that in this report, we also include the importers’/exporter's names and address details. In this comprehensive customs database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. In this report, we also include the importers’/exporter's names and address details in our customs database. In our comprehensive customs database, we ensure that every detail is meticulously recorded, including the importer and exporter name and address, for seamless communication and efficient trade data for businesses worldwide. Export data is a critical tool for understanding the performance and competitiveness of a country's frugality. By examining the customs database of the Philippines' export trade data, dealers and investors can gain precious perceptivity into the country's trade balance, top export destinations, HS code, Exporter name, major products, and industry trends. According to the export data of the Philippines, it exported goods worth $78 billion in 2022 with a rise of 5.77% from 2021. This information is vital for relating implicit request openings, formulating effective marketing strategies, and staying ahead of the competition.

    Benefits

    Benefits of the Philippines Export Data

  • Obtain sincere leads from the Philippines marketplace.
  • Learn about current product demand in the Philippines.
  • Keep an eye on your rivals and surpass them.
  • Give your marketing plan a data-based approach.
  • Become well-known in the Philippines trade industry.
  • Set future corporate objectives and increase earnings.
  • You’ll receive the name and address of the importer/exporter in our reports.

    • Frequently Asked Questions!!

    The total value of exported goods of Philippines in 2022 was $78 billion.

    The goods exports of the Philippines increased by 5.77% in 2022 as compared to 2021.

    Electronic integrated circuits and micro-apparatus are the top exports from the Philippines in 2022.

    The USA was the top export partner of the Philippines in 2022.

    Obtain sincere leads, learn about current product demand, keep an eye on rivals, give marketing plan a data-based approach, become well-known in the trade industry, set future corporate objectives, and increase earnings.

    You might be interested in other continents as well

    China
    Japan
    Philippines
    Singapore
    South-Korea
    Vietnam