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philippines trade data

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PHILIPPINES IMPORT 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, Indonesia, and Malaysia. the Philippines is declared the 39th country in the world with one of the most complex economies.

The Philippines import data reveals that imports in the Philippines were worth USD 108 billion for goods in 2020. On the other hand, the Philippines imported services worth USD 26.7 billion in the year 2018.

As per the Philippines import data, the country stood at 34th position out of 226 countries in total imports in the year 2020. Significant imports of the Philippines as recorded in the Philippines trade data are coordinated circuits ($12.3B), refined petrol ($5.61B), broadcasting hardware ($2.89B), office machine parts ($2.45B), and vehicles ($2.16B). In 2020, the Philippines was the biggest importer of Copra in the world.

Philippines Export Data - TradeImeX

The population of the Philippines as of the year 2020 was 10.90 crores. Significant import accomplices of the Philippines as unveiled by the Philippines trade data are China ($34.5 billion) trailed by Japan ($8.21 billion), South Korea ($7.31 billion), and the United States ($6.84 billion). Indonesia is additionally one of the greatest import accomplices of the Philippines.



34

RANK IN WORLD IMPORT

0.57%

SHARE IN WORLD IMPORT TRADE

CHINA

BIGGEST IMPORT PARTNER

PETROL

MAJOR IMPORTS



DETAILS COVERED UNDER PHILIPPINES IMPORT DATA

The Philippines import data and Philippines trade data information that we provide to you is very useful and informative. Our data is totally based on updated and fresh shipping bills, invoices, and other important documentation needed for trading. We collect reliable information from the Philippines’ customs ports, institutions, and other shipping companies. A variety of fields that are included in the Philippines trade data are HS codes, product description, quantity and price, ports’ names along with currency value.

For your convenience and better understanding, we have enclosed a sample featuring custom Philippines import data so that you can experience what the custom Philippines import data with complete details look like.



PHILIPPINES IMPORT DATA
DATE 31-AUG-2022
IMPORTER NAME QSL PHILIPPINES INC
EXPORTER NAME APPLE SOUTH ASIA PTE LTD
HS CODE 85171200000
PRODUCT DESCRIPTION "APPLE" SVC IPHONE 11 ROW 64GB BLK CI/AR-PPN PP661-1331
QUANTITY 2 UNIT PCS
GROSS WEIGH IN KGM 0.6 TOTAL CIF VALUE 765.4
UNLOADING PORT NINOY AQUINO INTERNATIONAL AIRPORT MODE OF TRANSPORT AIR
ORIGIN COUNTRY CHINA DESTINATION COUNTRY PHILIPPINES

The Philippines import data found from Customs authorities of Philippines is a type of custom data that comes with an ample amount of information and insights in addition to shipping details. You get to know everything starting with the importer’s name to the quantity and price of each product from this import data. We provide a reliable and accurate database to you which we gather from trusted sources like from country’s customs ports, government bodies, and other trusted institutions and authorities.

To conclude, we will state that the Philippines is one of the most rapidly growing economies in the world. Despite being a lower-middle-income country, the nation has secured a respectable rank in total imports of the nation. Marketers around the world who deal in goods like circuits and mobile phones can target Philippines market for good profit margins.

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