info philippines

Information:

Philippines

(information)

Population as of 2020: 109.5 million                      13 of 193
                        highest next higher                next lower lowest

Region: Southeast Asia

Nominal G.D.P. in 2024: $462 billion                      33 of 193
                        highest next higher                next lower lowest

Total merchandise exports in 2024: $73.27 billion.                      45 of 193
                        highest next higher                next lower lowest

These are calendar-year 2024 goods exports reported by Philippines, excluding services. All amounts are nominal 2024 U.S. dollars, valued free on board (FOB), with no inflation adjustment.

These figures follow the general-trade system, including re-exports, processing and economic-zone production.

Top Exports

Top 20 export categories, 2024

Ranked by export value.

RankItemDollar amountCategory
1Electronic integrated circuits$22.91 billionElectrical machinery and equipment
2Insulated wire, electric cables and optical-fibre cables$2.95 billionElectrical machinery and equipment
3Coconut, palm-kernel and babassu oils and their fractions$2.22 billionAnimal, vegetable and microbial fats and oils
4Printing, copying and facsimile machines, and their parts and accessories$1.89 billionMachinery and mechanical appliances
5Computers and other automatic data-processing machines$1.85 billionMachinery and mechanical appliances
6Electrical transformers, static converters and inductors$1.77 billionElectrical machinery and equipment
7Gold, unwrought, semi-manufactured or in powder form$1.37 billionPrecious metals, gemstones, jewellery and coins
8Refined copper and copper alloys, unwrought$1.36 billionCopper and copper articles
9Copper ores and concentrates$1.31 billionOres, slag and ash
10Bananas and plantains, fresh or dried$1.23 billionFruit and nuts
11Parts and accessories for computers and office machines$1.20 billionMachinery and mechanical appliances
12Fixed, variable and adjustable electrical capacitors$1.19 billionElectrical machinery and equipment
13Nickel ores and concentrates$1.04 billionOres, slag and ash
14Semiconductor devices, photovoltaic cells, LEDs and mounted piezoelectric crystals$971.75 millionElectrical machinery and equipment
15Telephone sets, smartphones and other communications apparatus$937.18 millionElectrical machinery and equipment
16Electrical measuring and testing instruments, and radiation measuring or detecting instruments$854.89 millionOptical, measuring, medical and precision instruments
17Mounted lenses, prisms, mirrors and other optical elements$833.12 millionOptical, measuring, medical and precision instruments
18Electrical switching, protection and connection apparatus for voltages up to 1 kV; optical-fibre connectors$812.25 millionElectrical machinery and equipment
19Taps, valves and similar appliances$807.80 millionMachinery and mechanical appliances
20Motor-vehicle parts and accessories$726.20 millionVehicles and vehicle parts

Top 10 importers of Philippines's exports, 2024

Ranked by Philippines's reported merchandise exports to each named destination economy. Separately reported territories may appear. These are recorded export destinations; goods may subsequently be re-exported. Other Asia, not elsewhere specified is a reporting label that includes Taiwan and may also cover unspecified Asian territories.

RankCountryDollar amount
1United States (including Puerto Rico and the US Virgin Islands)$12.20 billion
2Japan$10.33 billion
3Hong Kong SAR (China)$9.61 billion
4China$9.44 billion
5South Korea$3.57 billion
6Thailand$2.96 billion
7Singapore$2.94 billion
8Netherlands$2.87 billion
9Other Asia, not elsewhere specified$2.69 billion
10Germany$2.46 billion