Philippines Trade '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) 393 612 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 3 469 Merchandise 46 34 Current account balance (% GDP, 2021) -1.8 excluding intra-EU trade 30 24 Trade per capita (US$, 2019-2021) 949 Commercial services 31 46 Trade (% GDP, 2019-2021) 27.4 excluding intra-EU trade 19 29 Value Million US$ 2021 74 618 124 386 2021 2021 0.33 0.55 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS1513 Coconut (copra), or palm kernel oil 1 381 HS1001 Wheat and meslin 1 951 HS0803 Bananas, including plantains 1 128 HS2304 Solid residues from soya-bean oil 1 369 HS2008 Plants' parts otherwise preserved 531 HS1006 Rice 1 197 HS0801 Coconuts, Brazil nuts, cashew nuts 400 HS2106 Other food preparations 940 HS0804 Dates, figs, pineapples, avocados 346 HS1518 Animal or vegetable fats and oils 663 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 6 020 6 -6 9 Imports 16 508 9 -6 25 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS8542 Electronic integrated circuits 24 079 HS8542 Electronic integrated circuits 15 457 HS8471 Automatic data-processing machines 6 054 HS2710 Petroleum oils, other than crude 9 323 HS8544 Insulated electric conductors 2 692 HS2701 Coal; briquettes, ovoids 2 889 HS7403 Refined copper and copper alloys 2 232 HS8473 Parts and accessories for 8469-8472 2 632 HS8504 Electrical transformers 1 816 HS8703 Motor cars for transport of persons 2 276 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 68 600 7 -8 15 Imports 107 883 7 -21 32

MERCHANDISE

Merchandise exports, f.o.b. 3 -9 17 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 7 -20 37 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change 0% 20% 40% HS8542 HS8471 HS8544 HS7403 HS8504 Exports 0% 10% 20% HS8542 HS2710 HS2701 HS8473 HS8703 Imports 0% 5% 10% 15% HS1001 HS2304 HS1006 HS2106 HS1518 Imports 0% 20% 40% HS1513 HS0803 HS2008 HS0801 HS0804 Exports Agricultural products: 10.4 Fuels and mining products: 7.7 Manufactures: 79.9 Other: 1.9 Agricultural products: 14.4 Fuels and mining products: 10.7 Manufactures: 74.7 Other: 0.2 United States of America: 15.9 China: 15.5 Japan: 14.4 Hong Kong, China: 13.3 European Union: 10.8 Other: 30.2 China: 22.7 Japan: 9.5 Korea, Republic of: 7.7 Indonesia: 7.3 United States of America: 6.7 Other: 46.2 Philippines 288 World Trade Organization – Trade Profiles 2022

Value Million US$ 2021 33 605 19 046 2021 2021 0.56 0.34 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2021 Exports 1 567 Imports 5 047 Exports Value Imports Value Share (%) By sea (2021) 692 By sea (2021) 4 689 92.9 By air (2021) 868 By air (2021) 344 6.8 By other (2021) 0 By other (2021) 0 0.0 Value Million US$ 2021 Exports 600 Imports 3 262 Million US$ Value 2021 Other commercial services Exports 26 367 Imports 10 688 2021 Goods-related services Exports a 5 071 Imports 50 Residents Total Residents Total Residents Total 476 3 517 3 993 21 119 13 214 34 333 665 628 1 293 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 0 9 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 20 42 6 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 Transport Annual percentage change 2010-2021 2020 2021 1 -42 -13 -5 -82 -66 -66 -20 INDUSTRIAL PROPERTY 8 -59 -28 16 -11 13 By main services item, % (2021) By main destination Share in world total exports (%) Share in world total imports (%) Annual percentage change -23 6 5 2010-2021 2020 9 Commercial services exports Commercial services imports 6 2021 TRADE IN COMMERCIAL SERVICES Share (%) 44.1 55.4 0.0 na na -37 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2021) By main origin a Break in series: 2016. Travel exports (Index 2010=100) na -5 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) -6 4 -19 20 Annual percentage change 0 100 200 300 400 2010 2014 2018 2021 Philippines World 0 100 200 300 2010 2014 2018 2021 Philippines World Transport: 4.7 Travel: 1.8 Other commercial services: 78.5 Goods-related services: 15.1 Transport: 26.5 Travel: 17.1 Other commercial services: 56.1 Goods-related services: 0.3 73.9 23.9 0.7 1.5 Other business services ICTs Financial services Other Philippines 289 World Trade Organization – Trade Profiles 2022