The Philippines is the 39th largest export economy in the world and the 38th most complex economy according to the Economic Complexity Index (ECI). In 2015, the Philippines exported $77.9B and imported $76.8B, resulting in a positive trade balance of $1.06B. In 2015 the GDP of the Philippines was $292B and its GDP per capita was $7.39k.
The top exports of the Philippines are Integrated Circuits ($20.6B), Computers ($5.86B), Semiconductor Devices ($3.55B), Office Machine Parts ($3.26B) and Insulated Wire ($2.33B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Integrated Circuits ($9.5B), Refined Petroleum ($4.2B), Crude Petroleum ($3.54B), Cars ($2.56B) and Office Machine Parts ($1.81B).
The top export destinations of the Philippines are China ($16.2B), Japan ($10.3B), the United States ($10.2B), Hong Kong ($8.11B) and Singapore ($4.59B). The top import origins are China ($15.2B), Japan ($7.41B), South Korea ($6.33B), the United States ($6.07B) and Thailand ($5.14B).