Xifres de comerç exterior de les Filipines

Foreign Trade in Figures

The Philippines is open to foreign trade, which represents around 67% of the country's GDP in 2025 (World Bank). Electronic products dominate trade: in 2025, electronic integrated circuits accounted for 34.4% of exports, followed by insulated cables (3.6%), coconut oil (3.4%), electric transformers (2.5%), computers (2.4%), and printing machinery and gold (2.3% each). Imports were led by electronic integrated circuits (11.9%), refined petroleum products (6.5%), motor cars (3.7%), crude oil (2.6%), and telephone sets (2.1% - data Comtrade).

In 2025, the USA was the country’s largest export partner (16.0% of total exports), followed by Hong Kong (14.6%), Japan (13.7%), China (11.0%), and the Netherlands (4.3%), highlighting the significant role of Asian markets in the country's export landscape. In the same year, China was by far the largest supplier of goods (28.4% of total imports), ahead of Japan and South Korea (7.9% each), Indonesia (7.7%), and the USA (6.2% - data Comtrade).

Traditionally, the country's trade balance has been in deficit due to high imports of raw materials and intermediate goods. According to WTO data, in 2025, the Philippines exported USD 83.7 billion worth of goods (+14.7% y-o-y) and imported USD 141.2 billion (+4.7% y-o-y). As with regards to services, the country's export value exceeded the import value by reaching USD 51.5 billion and USD 38.2 billion, respectively (+1.6% and +3.9% y-o-y). For the year as a whole, the Philippines' trade balance was estimated to be negative by 13.7% of GDP by the World Bank (from 14.4% one year earlier).