04-Sep-2025
Key Points:
The Philippines is heavily dependent on the economies of Asia and the United States for both imports and exports, according to a list of its top trading partners. Key trade categories that demonstrate the nation's integration into international supply chains are electronics and manufactured goods.
The nation's location in Southeast Asia and its expanding port infrastructure reinforce its status as a major regional trading hub. However, do you know who the Philippines trade partners are and what their trade statistics are? In this blog post, we will explore the Philippines' biggest trading partners, along with the Philippines trade data and traders list, import & export products and other emerging trends from the ExportImportData platform, a top import export data provider.
Due to its fragmented geography as an archipelago with little arable land, a weak industrial base, a lack of essential natural resources like crude oil, and insufficient domestic agricultural production to meet demand, the Philippines is dependent on imports for a variety of goods, including food staples, electronics, and mineral fuels.
According to the Philippines' trade data, the Philippines' total exports from January to May 2025 totalled USD 34.20 billion, up 10.8% from the same period in 2024. Electronics continue to be the most popular export, followed by other manufactured goods and mineral products.
|
Metric |
Philippines Trade Data |
|
Exports |
USD 5.97 billion |
|
Imports |
USD 10.24 billion |
|
Trade Balance |
Deficit (Imports exceeded Exports) |
|
Major trading partners of philippines |
United States, Japan, Hong Kong |
With USD 5.97 billion in total exports and USD 10.24 billion in total imports, the Philippines experienced a trade deficit in December 2024. In December 2024, the country exported goods worth USD 16.21 billion.
In 2022, the country's aggregate import and export values were US$78.9 billion and US$145.9 billion, respectively.
The Philippines' top trading partner is the United States, and the bulk of its exports are manufactured goods. To obtain the statistics on the Philippines' biggest trading partners, the Philippines’ top trade partners, Indian trade data, and HSN Codes, connect with our platform today.
So, it's time to explore the list of major Philippines trading partners or Philippines trade partners in 2025!
The Philippines' top trading partners are listed below:
Check out the table of the trade partners of the Philippines or Philippines' top trading partners now!
|
Rank |
Philippines trading partners |
Philippines trade data (Billion USD) |
Share of Total Filipino Exports (%) |
|
1 |
United States |
12.1 |
16.6 |
|
2 |
Japan |
10.3 |
14.1 |
|
3 |
Hong Kong |
9.6 |
13.2 |
|
4 |
Mainland China |
9.4 |
12.9 |
|
5 |
South Korea |
3.6 |
4.9 |
|
6 |
Thailand |
2.95 |
4 |
|
7 |
Singapore |
2.94 |
4 |
|
8 |
Netherlands |
2.87 |
3.9 |
|
9 |
Taiwan |
2.7 |
3.7 |
|
10 |
Germany |
2.5 |
3.4 |
Let's take a closer look at the top trading partners of the Philippines, or the Philippines' biggest trading partners:
The United States is one of the largest trading partner of Philippines. Among the principal exports are agricultural products, electronics, apparel, and semiconductors. The US is another major source of investment and remittances. Historical ties provide a solid foundation for an ongoing economic partnership.
Japan is the Philippines' largest trading partner & vital partner in trade, technology, and infrastructure. It imports electronics, machinery, and food items from the Philippines and exports steel, cars, and high-tech goods. Economic ties are strengthened by the Japan-Philippines Economic Partnership Agreement (JPEPA).\
Hong Kong is a crucial re-export location for Philippine goods, especially electronics and semiconductors. It provides access to the wider market in China. It has excellent professional trade relations, financial services, and logistics due to its advantageous location and freeport status.
One of the main Philippines trading partners for both imports and exports is China. Electronics, machinery, minerals, and agricultural products are important trade items. Through bilateral and regional trade cooperation, economic ties continue to strengthen in spite of political tensions.
Strong trade exists between South Korea and the Philippines, especially in the auto, petrochemical, and electronics sectors. The PH-Korea Free Trade Agreement was recently signed in an effort to further expand bilateral trade. Cultural exchange and tourism also strengthen economic ties.
The Philippines' trade is dominated by electronic products, with other categories, including fuel and agricultural goods, playing important roles.
If you need a current list of the top 10 exports, Philippines trade data, and a list of the Philippines' biggest trading partners, you must first comprehend the complexity of international trade.
Export-import laws, market trends, HS codes, and a thorough understanding of both present and potential clients worldwide are all necessary for traders to export goods from the Philippines successfully.
To get accurate and relevant data, traders need to find the import export data online, such as ExportImportData.in, the best Export Import Data Provider, and acquire Philippine export data as soon as possible.
So, the Philippines, a large importer of electronics, intermediate goods, and food, including rice, shows significant import potential for various products, with Philippines trading partners including the United States, Japan, Hong Kong, Mainland China and South Korea.
The Philippines' import potential is expected to remain high in the coming years due to sustained domestic demand, extensive infrastructure and industrial projects, and its reliance on imports for key sectors. Moreover, if you need any kind of assistance regarding the Philippine trading partners list, the Philippines trade data, Indian import Data, Indian export data, the HS code list and the importers & exporters list, connect with ExportImportData.in and book a live demonstration today.
Philippines’s top export: electrical machinery
Philippines’s top exports: Pharma Products
Philippines’s top export: Copper
Philippines’s top imports: electronic products
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The Philippines major trading partners are the United States, Japan, Hong Kong, Mainland China, South Korea and Thailand.
Based on the Philippines import data, the biggest imports of the Philippines are electrical and electronic equipment, with specific items like electronic integrated circuits being a major component of this category.
As per the Philippines trade data, the biggest trading partner is the United States, with a trade value of $12.1 billion.
ased on Philippines export data, the main exports are electrical machinery and equipment, machinery (including computers), copper, and medical apparatus.
The Philippines' biggest overall import partner is China, which supplied a significant portion of the country's imports, including electronics, machinery, minerals, and agricultural products.
Based on Philippines trade data, the biggest trading partner is the United States, with a trade value of $12.1 billion.
The biggest Philippines export partner is the United States, which accounts for the largest share of the country's total exports.
