philippines trade data
The Philippines is also recognized as the Republic of the Philippines. The Philippines is situated in Southeast Asia. The country is situated in the western direction of the Pacific Ocean and contains close to 7,640 islands. The Philippines shares its maritime borders with multiple countries like Taiwan, Japan, Palau, Indone sia, and Malaysia. In Asia, the Philippines Is ranked in the 21st position in terms of area, while across the globe, the Philippines is in the 64th position in terms of area as it covers approximately 300,000 km^2 of land area. Total exports of the Philippines, as per the Philippines export data until the year 2021 were 74.61 billion USD.
As presented by the Philippines Trade Data for the year 2020, the Philippines stood in the 39th position as the largest exporter of goods in the world among 226 countries. The top products exported by the Philippines to date are electrical machines, semiconductor devices, copper articles, ores and slag, precision equipment, and plastic products.
The population of the Philippines was close to 10.90 crores as per 2020 Sensex. Significant product accomplices of the Philippines as recorded in the Philippines Trade Data 2021 were the USA, China, Japan, Singapore, Thailand, and Germany.
In the Philippines export data and the Philippines Trade Data, you will find a variety of fields such as the total value of the currency, product description, quantity, price, and more things. It includes the HS codes, exporter name, country of destination, etc. This custom export data is very important data for traders and marketers.
For your convenience and better understanding, we have enclosed a sample featuring custom Philippines export data so that you can experience what the custom Philippines export data with complete details look like.
| PHILIPPINES EXPORT DATA | |||
| DATE | 31-AUG-2022 | ||
|---|---|---|---|
| EXPORTER NAME | CENTURY PACIFIC FOOD INC. | ||
| IMPORTER NAME | CENTURY PACIFIC NORTH AMERICA | ||
| HS CODE | 21061000 | ||
| PRODUCT DESCRIPTION | STC UNMEAT FISH FREE TUNA STYLE FLAKES IN WATER WITH SALT ADDED | ||
| QUANTITY | 2 | UNIT | PACK |
| GROSS WEIGH IN KGM | 8 | TOTAL FOB VALUE | 10 |
| ORIGIN COUNTRY | PHILIPPINES | DESTINATION COUNTRY | UNITED STATES |
The Philippines Export Data is consolidated data of both, statistics, and shipment information. It is derived from the Customs authorities of the Philippines. Due to this distinctive feature of this data, it is a very handy and useful piece of the report that can give complete information to the trader and marketer.
Apart from this, the Philippines Export Data can make a person aware of the modes of transport and destination country. Philippines trade data even provides competitor analysis of different companies in a particular region which can be very beneficial for each marketer and trader so that he can take his final decision accurately.
Despite exporting numerous products from the country, the list of top 10 exports from the Philippines as per the Philippines Export Data for the year 2021 is listed below. This list is curated and formed after several checks.
Electrical machines (USD 38.07 billion), mechanical equipment (USD 9.45 billion), copper items (USD 2.58 billion), precision tools (USD 2.20 billion), ores and slug (USD 1.98 billion), fruits and nuts (USD 1.91 billion), plastic items (USD 1.26 billion), light automobile (USD 1.17 billion), natural and precious stones (USD 1.13 billion), and mineral fuels and oils (USD 881.56 million).
It is noted that most of the exports from the Philippines were through electrical machines and appliances and then followed by copper products. For more elaborative insights, you can contact us anytime through mail or chat support.
Based on the Philippines Export Data for 2021, the Philippines exported goods to almost every country, but the top 10 nations to whom the Philippines exported the most were as follows:
The USA (USD 11.85 billion), China (USD 11.53 billion), Japan (USD 10.72 billion), Singapore (USD 4.19 billion), Thailand (USD 3.45 billion), Germany (USD 2.93 billion), Korea (USD 2.57 billion), the Netherlands (USD 2.25 billion), Malaysia (USD 1.89 billion), and Vietnam (USD 1.63 billion).
On studying the export statistics of the Philippines, it was clear that close to 15.88% of total exports were made to the USA. China was the second highest contributor after the USA with a significant share in total exports from the Philippines.