The Philippines is the 41st largest export economy in the world and the 61st most complex economy according to the Economic Complexity Index (ECI). In 2014, the Philippines exported $80B and imported $80.7B, resulting in a negative trade balance of $741M. In 2014 the GDP of the Philippines was $284B and its GDP per capita was $6.97k.
The top exports of the Philippines are Integrated Circuits ($17.1B), Computers ($6.44B), Office Machine Parts ($4.37B), Semiconductor Devices ($3.65B) and Nickel Ore ($2.9B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Integrated Circuits ($9.7B), Refined Petroleum ($6.15B), Crude Petroleum ($5.88B), Cars ($2.74B) and Planes, Helicopters, and/or Spacecraft ($2.52B).
The top export destinations of the Philippines are China ($19B), Japan ($11.1B), the United States ($9.4B), Singapore ($5.54B) and Hong Kong ($5.01B). The top import origins are China ($13.8B), South Korea ($7.51B), Japan ($7.02B), the United States ($6.65B) and Singapore ($4.84B).