Quick Answer: What is Philippines number one import product?

Philippines major imports are: electronic products (25 percent), mineral fuels (21 percent) and transport equipment (10 percent). Philippines’s main import partners are: China (13 percent), the United States (11 percent), Japan (8 percent) and Taiwan (8 percent).

What are the top 10 imports of the Philippines?

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $28,356,888,238
(27) Oil & Mineral Fuels $14,135,574,176
(84) Industrial Machinery $12,742,024,565
(87) Motor Vehicles & Parts $8,720,001,535

What is the number one product of the Philippines?

Searchable List of Philippines’ Most Valuable Export Products

Rank Philippines’ Export Product 2020 Value (US$)
1 Integrated circuits/microassemblies $20,220,163,000
2 Computers, optical readers $3,338,768,000
3 Computer parts, accessories $2,305,305,000
4 Insulated wire/cable $2,124,777,000

Which products are most exported and imported in the Philippines?

Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca.

What is the number 1 import?

Searchable List of America’s Most Valuable Import Products

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Rank US Import Product 2020 Value (US$)
1 Cars $145,659,382,000
2 Computers, optical readers $104,948,207,000
3 Phone system devices including smartphones $102,547,452,000
4 Medication mixes in dosage $95,175,568,000

What products do Philippines import?

Philippines major imports are: electronic products (25 percent), mineral fuels (21 percent) and transport equipment (10 percent). Philippines’s main import partners are: China (13 percent), the United States (11 percent), Japan (8 percent) and Taiwan (8 percent).

What products are the Philippines known for?

Top souvenirs and pasalubong from the Philippines

  • Dried mangoes. …
  • Buko pie, polvoron, and other Filipino delicacies. …
  • Coffee beans. …
  • Philippine pearls. …
  • Mother-of-pearl plates, capiz shell boxes, and other tableware. …
  • Native bags, pouches, and accessories. …
  • Patterned mats, baskets, and home décor. …
  • Dreamcatchers.

Which is the topmost product that Philippines exporting?

Electronic Products continued to be the country’s top export with total earnings of $3.23 billion.

Who is Philippines largest trading partner?

By major trading partner, exports to the People’s Republic of China comprised the highest export value amounting to USD 1.04 billion or a share of 16.1 percent to the total exports during the month. Singapore, USD 360.40 million (5.6%).

What products are made in the Philippines?

Philippine export products primarily include electronics, garments and textiles, footwear and leather goods, furniture, jewelry, marine and aquamarine, and mineral products.

What are the most imported products?

World’s Top Import Products

Rank Product 2019 Import Purchases
1. Crude oil $1,056,062,568,000
2. Integrated circuits/microassemblies $848,913,525,000
3. Cars $774,285,065,000
4. Processed petroleum oils $663,640,142,000

Is Philippines an import or export?

In 2020, the Philippines ranked as the 30th largest export destination for U.S. products and the 28th largest source of U.S. merchandise imports.

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What are the top 3 imports of China?

Searchable List of China’s Most Valuable Import Products

Rank China’s Import Product 2020 Value (US$)
1 Integrated circuits/microassemblies $350,845,066,000
2 Crude oil $176,321,269,000
3 Iron ores, concentrates $118,944,291,000
4 Cars $44,923,331,000

What does China import?

Most of China’s imports consist of machinery and apparatus (including semiconductors, computers, and office machines), chemicals, and fuels. The main import sources are Japan, Taiwan, South Korea, Australia, the countries of the European Union (EU), and the United States.

What items are imported?

What Are the Major U.S. Imports?

  • Machinery (including computers and hardware) – $386.4 billion.
  • Electrical machinery – $367.1 billion.
  • Vehicles and automobiles – $306.7 billion.
  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.