Philippines

0.43

Econ Complexity 45th of 214
1980
2016

$78B

Exports 38th of 221
1980
2016

$92.9B

Imports 33rd of 221
1980
2016

$7.8k

GDP Per Capita 118th of 214
1990
2016
Looking for commercial partners in Philippines? List your company on Macro Market.
Looking for commercial partners in Philippines? List your company on Macro Market.

The Philippines is the 38th largest export economy in the world. In 2016, the Philippines exported $78B and imported $92.9B, resulting in a negative trade balance of $14.9B. In 2016 the GDP of the Philippines was $304B and its GDP per capita was $7.8k.

The top exports of the Philippines are Integrated Circuits ($21.9B), Computers ($6.46B), Semiconductor Devices ($3.87B), Insulated Wire ($2.36B) and Electrical Transformers ($2.25B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Integrated Circuits ($11.7B), Refined Petroleum ($5.19B), Cars ($4B), Office Machine Parts ($2.78B) and Crude Petroleum ($2.63B).

The top export destinations of the Philippines are China ($15B), the United States ($10.5B), Japan ($9.6B), Hong Kong ($9.2B) and Singapore ($4.88B). The top import origins are China ($19.4B), Japan ($10.1B), the United States ($7.51B), Other Asia ($6.78B) and Thailand ($6.76B).

The Philippines is an island and borders China, Indonesia, Japan, Malaysia, Taiwan, Vietnam and Palau by sea.

Economic Complexity of the Philippines

More on the Philippines from our other sites