What are the Philippines main imports?
What are the Philippines main imports?
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 most exported products from the Philippines?
Searchable List of Philippines’ Most Valuable Export Products
| Rank | Philippines’ Export Product | Change |
|---|---|---|
| 1 | Integrated circuits/microassemblies | +6.5% |
| 2 | Computers, optical readers | -28.8% |
| 3 | Computer parts, accessories | +55.9% |
| 4 | Insulated wire/cable | -17.3% |
What are the 10 top imports of the Philippines?
Top 10
- Electrical machinery, equipment: US$27 billion (23.9% of total imports)
- Mineral fuels including oil: $13.6 billion (12%)
- Machinery including computers: $12.5 billion (11.1%)
- Vehicles: $8.5 billion (7.5%)
- Iron, steel: $3.9 billion (3.5%)
- Plastics, plastic articles: $3.7 billion (3.3%)
- Cereals: $2.9 billion (2.6%)
What is the most demand product in the Philippines?
- Dumbbells. Interest in at-home workouts and fitness equipment has skyrocketed due to the pandemic, social distancing, and stay-at-home directives.
- Appliances.
- Skincare.
- Shoes.
- Video Games.
- Fitness Apparel.
- Kids Toys.
- Home Improvement.
What is Philippines main export?
Exports in Philippines account for nearly a third of GDP. 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 are the top 10 import and export product in the the Philippines?
What should I buy in the Philippines?
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.
How much cash should I bring to the Philippines?
Travelers are only allowed to carry up to U.S. $10,000 in cash (or the equivalent in any other foreign currency). This limit also includes other monetary instruments including checks, traveler’s checks, money orders, deposit certificates, and trading orders.