As per Philippines import data, the value of Filipino imports recorded USD 112.9 billion in 2019, a -1.9% down from the previous year. In the list of global importing countries, it ranked 32 in 2019.
Based on estimated Philippine population of more than 100 million people, that dollar amount translates to roughly USD 1,000 in yearly product demand of every residing person in the Southeast Asian nation. The Philippines, officially the Republic of the Philippines, is an archipelagic country, located in Southeast of Asian continent. It is the 12th most populous nation in the world and 8th most in Asia.
Main imports of the Philippines are Electronics (23.9%), Mineral Fuels & Oils (12%), Machinery (11%), Vehicles (7.5%), Iron & Steel (3.4%), Plastics (3.2%), Cereals (2.5%), Aircraft, Spacecraft & Parts (2.4%), Optical, Photographic, Medical Equipment (2%) and Articles of Iron & Steel (1.6%) according to Philippines import data.
Based on Philippines customsdata and trade statistics, it is found that these top 10 import goods of Philippines accounted for more than 70% of the overall value of shipments recorded in 2019. Among the top import categories, imported optical, technical & medical apparatus recorded a rise in the value by 17.5%, followed by cereals with 7% gain. And aircraft & spacecraft category was a leading decliner with a shortfall of -24.7%.
Philippines major import partners are China (USD 25,749 million), Japan (USD 10,748 million), South Korea (USD 8,502 million), United States (USD 8,225 million) and Thailand (USD 7,024 million). As per Philippines import statistics, these countries shared 53.3% value to total imports of the Philippines.
Continent-wise, almost 80% of the Philippines’ total imports by value in 2019 were purchased from fellow Asian nations. 9.8% of goods were purchased from suppliers in Europe, while 7.9% from North America. Smaller percentages were recorded from Oceania, Latin America and Africa.
Philippines Import Data is a valuable source for every business who wants to trade with this Asian country. It contains record-by-record shipment details of companies, their trading partners, purchased commodities, trading countries and so on. These shipment details are based on Import Bills, Invoices, Shipping Bills and other authorized papers filed by companies to import goods from global countries.
We have the best and authentic sources from where we collect Philippines customs data. These sources are Filipino Customs, Port Authorities, Shipping & Logistics Companies, Government Bodies, Trade Associations and other business networks. We have Philippines shipment data available from Jan 2008.
Import data of Philippines is available in 2 types – Single Side, in which Filipino Companies are covered only and Both Side, in which both Filipino & Foreign Companies are covered. Apart from this information, other columns are also available in Philippines import statistics and data, which you can check in two samples given below.
|Importer Name||G J KIDS SALES & DEVELOPMENT INC||Gross Weight (kg)||501540|
|Hs Code||3817000002||Fob (usd)||968522|
|Product Description||Mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading 27.07 or 29.02. | Mixed alkylnaphthalenes||Insurance (usd)||1029|
|Date||01-03-2020||Importer Name||Scoopers Commercial Co|
|Importer Address||1222 F. Torres St., Sta. Ana 081 Br Gy. 752 Manila 1009 Philippines||Supplier Name||Maxsun Co Ltd|
|Export Country||South Korea||Origin Country||South Korea|
|Manifest Number||KMT0004-20||Port of Unloading||Port of Manila|
|HS Code||27111300000||Product Description||Butane Gas Cartridge 250g Bounce|
|Gross Weight||23745.6||Net Weight||21334.8|
|Total Value USD||16387.75||Total Value PHP||834742.82|
|Mode of Transport||Sea|