Philippines Top 10 Imports

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by FlagPictures.org

The Republic of the Philippines imported US$115.1 billion worth of goods from around the globe in 2018. That dollar amount reflects a 70% acceleration since 2014 and a 13% gain from 2017 to 2018.

From a continental perspective, almost four-fifths (79%) of the Philippines’ total imports by value in 2018 were purchased from fellow Asian countries. Trade partners in Europe supplied 9.6% of imports delivered to the Philippines while 8.1% worth of goods originated from North America. Smaller percentages came from Oceania (2%) led by Australia and New Zealand, Latin America (1%) excluding Mexico but including the Caribbean, then Africa (0.2%).

Given the Philippine population of 105.9 million people, its total $115.1 billion in 2018 imports translates to roughly $1,100 in yearly product demand from every person in the Southeast Asian nation.

Philippines Top 10 Imports

Top 10

The following product groups represent the highest dollar value worth of import purchases during 2018. Also shown is the percentage share each product category represents in terms of overall imports into the Philippines.

  1. Electrical machinery, equipment: US$28.3 billion (24.6% of total imports)
  2. Mineral fuels including oil: $13.9 billion (12.1%)
  3. Machinery including computers: $12.8 billion (11.1%)
  4. Vehicles: $8.6 billion (7.5%)
  5. Iron, steel: $5.2 billion (4.5%)
  6. Plastics, plastic articles: $3.8 billion (3.3%)
  7. Aircraft, spacecraft: $3.3 billion (2.8%)
  8. Cereals: $2.7 billion (2.3%)
  9. Articles of iron or steel: $2 billion (1.7%)
  10. Optical, technical, medical apparatus: $2 billion (1.7%)

The Philippines’ top 10 imports accounted for well over two-thirds (71.8%) of the overall value of its product purchases from other countries.

Imported aircraft and spacecraft had the fastest-growing increase in value among the top 10 import categories, up 65.7% from 2017 to 2018.

In second place for expanding import purchases was the cereals category up 50.3% led by wheat, rice and corn.

Imports of iron and steel metals increased by 32.9% followed by articles made from iron or steel via its 26% gain.

There were two declines year over year, -5.3% for imported machinery including computers and -1.6% for vehicles.

Note that the results listed above are at the categorized two-digit Harmonized Tariff System (HTS) code level. For a more detailed view of imported goods at the four-digit HTS code level, see the section Searchable List of Philippines’ Most Valuable Import Products further down near the bottom of this article or under the adjacent product folder tabs.

Electronics

Filipino importers spent the most on the following 10 subcategories of electronic equipment including consumer electronics:

  1. Integrated circuits/microassemblies: US$16.9 billion (up 33% from 2017)
  2. Phone system devices including smartphones: $2.6 billion (up 16.2%)
  3. Solar power diodes/semi-conductors: $946.8 million (up 9%)
  4. Insulated wire/cable: $880.4 million (up 6.4%)
  5. Lower-voltage switches, fuses: $717.1 million (up 6.7%)
  6. Electrical converters/power units: $630.8 million (up 30.2%)
  7. Printed circuits: $519 million (up 25%)
  8. TV receivers/monitors/projectors: $471.2 million (up 18.2%)
  9. Unrecorded sound media: $424.5 million (up 13.9%)
  10. Electrical capacitators: $417.1 million (up 12.9%)

Among these import subcategories, Filipino purchases of integrated circuits and microassemblies (up 33%), electrical converters or power units (up 30.2%) then printed circuits (up 25%) grew at the fastest pace from 2017 to 2018.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among Filipino businesses and consumers.

Fuel

Filipino importers spent the most on the following 10 subcategories of mineral fuels-related products:

  1. Processed petroleum oils: US$6.1 billion (up 8.7% from 2017)
  2. Crude oil: $5.2 billion (up 47.8%)
  3. Coal, solid fuels made from coal: $1.8 billion (up 15.8%)
  4. Petroleum gases: $654.3 million (up 3.4%)
  5. Natural bitumen, asphalt, shale: $52.5 million (up 28.7%)
  6. Coal tar oils (high temperature distillation): $34.6 million (up 13.9%)
  7. Petroleum oil residues: $22.9 million (down -6.4%)
  8. Petroleum jelly, mineral waxes: $13.5 million (down -6.5%)
  9. Coke, semi-coke: $6.6 million (up 17.7%)
  10. Peat: $336,000 (down -14.5%)

Among these import subcategories, Filipino purchases of crude oil (up 47.8%), natural bitumen, asphalt and shale (up 28.7%) then coke or semi-coke (up 17.7%) grew at the fastest pace from 2017 to 2018.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported fossil fuel-related products among Filipino businesses and consumers.

Machinery

Filipino importers spent the most on the following 10 subcategories of machines including computers:

  1. Computer parts, accessories: US$1.9 billion (up 13.3% from 2017)
  2. Printing machinery: $1.6 billion (down -50.2%)
  3. Miscellaneous machinery: $910.1 million (up 16.8%)
  4. Computers, optical readers: $828.4 million (up 14.4%)
  5. Heavy machinery (bulldozers, excavators, road rollers): $734.2 million (up 42.4%)
  6. Air conditioners: $398.5 million (up 7.4%)
  7. Refrigerators, freezers: $386.9 million (up 8.1%)
  8. Machinery for making semi-conductors: $354.6 million (down -33.9%)
  9. Transmission shafts, gears, clutches: $342.5 million (up 37.8%)
  10. Centrifuges, filters and purifiers: $312.1 million (up 21.9%)

Among these import subcategories, Filipino purchases of heavy machinery such as bulldozers, excavators and road rollers (up 42.4%), transmission shafts, gears and clutches (up 37.8%) then centrifuges, filters and purifiers (up 21.9%) grew at the fastest pace from 2017 to 2018.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery among Filipino businesses and consumers.

Vehicles

Filipino importers spent the most on the following 10 subcategories of vehicles-related products:

  1. Cars: US$3.7 billion (down -19% from 2017)
  2. Trucks: $1.8 billion (up 18%)
  3. Motorcycles: $1.3 billion (up 32.1%)
  4. Automobile parts/accessories: $621.5 million (up 40.4%)
  5. Public-transport vehicles: $551.2 million (down -25.9%)
  6. Motorcycle parts/accessories: $286.4 million (up 81.6%)
  7. Tractors: $191.5 million (down -3.6%)
  8. Special purpose vehicles: $94.1 million (down -5.6%)
  9. Trailers: $55.4 million (up 18.7%)
  10. Bicycles, other non-motorized cycles: $27.3 million (up 110.8%)

Among these import subcategories, Filipino purchases of bicycles and other non-motorized cycles (up 110.8%), motorcycle parts or accessories (up 81.6%) then automobile parts or accessories (up 40.4%) grew at the fastest pace from 2017 to 2018.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported vehicles-related products among Filipino businesses and consumers.



 

Searchable List of Philippines’ Most Valuable Import Products

At the more granular four-digit HTS code level, the top import products into the Philippines are electronic integrated circuits and microassemblies followed by refined petroleum oils, computer parts or accessories, motor cars then crude oil.

The following searchable table displays 200 of most in-demand Filipino imported goods during 2018. Shown beside each product label is its total import value then the percentage increase or decrease since 2017.

RankPhilippines' Import Product2018 Value (US$)Change
1Integrated circuits/microassemblies$16.9 billion+33%
2Processed petroleum oils$6.1 billion+8.7%
3Crude oil$5.2 billion+47.8%
4Cars$3.7 billion-19%
5Phone system devices including smartphones$2.6 billion+16.2%
6Aircraft, spacecraft$2 billion+41.8%
7Computer parts, accessories$1.9 billion+13.3%
8Coal, solid fuels made from coal$1.8 billion+15.8%
9Iron or non-alloy steel products (semi-finished)$1.8 billion+80.7%
10Trucks$1.8 billion+18%
11Wheat$1.7 billion+29.1%
12Printing machinery$1.6 billion-50.2%
13Motorcycles$1.3 billion+32.1%
14Medication mixes in dosage$1.3 billion-1.1%
15Aircraft parts$1.2 billion+125.9%
16Soya-bean oil-cake, other solid residues$1.1 billion+14.3%
17Flat-rolled iron or non-alloy steel products (plated/coated)$985.7 million+24.8%
18Solar power diodes/semi-conductors$946.8 million+9%
19Miscellaneous machinery$910.1 million+16.8%
20Insulated wire/cable$880.4 million+6.4%
21Computers, optical readers$828.4 million+14.4%
22Rice$736.6 million+105.9%
23Heavy machinery (bulldozers, excavators, road rollers)$734.2 million+42.4%
24Other food preparations$718.3 million-4.7%
25Lower-voltage switches, fuses$717.1 million+6.7%
26Copper ores, concentrates$684.6 million-61.1%
27Petroleum gases$654.3 million+3.4%
28Electrical converters/power units$630.8 million+30.2%
29Automobile parts/accessories$621.5 million+40.4%
30Animal/vegetable fats, oils$570.6 million-10.7%
31Oscilloscopes, spectrum analyzers$561 million+5.4%
32Public-transport vehicles$551.2 million-25.9%
33Coffee/tea extracts, concentrates$541.4 million+14.3%
34Hydraulic cements$540.6 million+21.3%
35Printed circuits$519 million+25%
36TV receivers/monitors/projectors$471.2 million+18.2%
37Plastic packing goods, lids, caps$452.2 million+39.4%
38Polyacetal/ether/carbonates$447 million+12.9%
39Miscellaneous iron and steel structures$439.4 million+13.8%
40Frozen beef$436.4 million+8.2%
41Concentrated/sweetened milk, cream$433.4 million+0.2%
42Unrecorded sound media$424.5 million+13.9%
43Electrical capacitators$417.1 million+12.9%
44TV/radio/radar device parts$412 million+0.4%
45Flat-rolled other alloy steel products$407.6 million+32.7%
46Whole fish (frozen)$403.6 million-2.5%
47Air conditioners$398.5 million+7.4%
48Refrigerators, freezers$386.9 million+8.1%
49Ethylene polymers$376 million+29.5%
50Scents used for beverage or industrial manufacturing$376 million+6.7%
51Hot-rolled iron or non-alloy steel products$367 million+22.7%
52Glazed ceramic tiles, cubes$366.2 million+21.7%
53Packaged insecticides/fungicides/herbicides$363.3 million+0.9%
54Machinery for making semi-conductors$354.6 million-33.9%
55Nitrogenous fertilizers$347.7 million+1.5%
56Miscellaneous plastic items$343.3 million+10.1%
57Transmission shafts, gears, clutches$342.5 million+37.8%
58Iron or steel sheet piling$341.8 million+127.7%
59Miscellaneous animal feed preparations$337.1 million+17.3%
60Miscellaneous furniture$333.3 million+37.3%
61Cold-rolled iron or non-alloy steel products$330.3 million+13.7%
62Iron ores, concentrates$324.1 million-10.9%
63Iron or non-alloy steel angles, shapes, sections$316.1 million+126.4%
64Rubber tires (new)$314.7 million+11.4%
65Plastic plates, sheets, film, tape, strips$313.3 million+13.6%
66Centrifuges, filters and purifiers$312.1 million+21.9%
67Air or vacuum pumps$298.9 million+11.8%
68Laminated wood (including plywood, veneer panels)$295.3 million+24.7%
69Electrical/optical circuit boards, panels$290.1 million+38.5%
70Motorcycle parts/accessories$286.4 million+81.6%
71Red meat offal$278.3 million+23.9%
72Blood fractions (including antisera)$276.9 million-6.9%
73Coated paper$274 million+30.8%
74Poultry meat$272.8 million+14.1%
75Lifting/loading machinery$271.4 million-2.5%
76Corn$268.1 million+107.7%
77Coiled other alloy steel bars, rods$268 million-22.9%
78Ethyl alcohol$262.2 million-8.7%
79Piston engines$261.2 million+79.2%
80Electro-medical equipment (e.g. xrays)$258.3 million+4.1%
81Miscellaneous iron or steel tubes, pipes$257.5 million+53.2%
82High-voltage switches, fuses$253.2 million+24.8%
83Plastic plates, sheets, film, tape, strips$248.4 million+8.8%
84Unmanufactured tobacco, tobacco waste$248.1 million+40.6%
85Taps, valves, similar appliances$247.5 million-15.9%
86Sawn wood$243.1 million+309.6%
87Temperature-change machines$242.5 million+29.2%
88Copper wire$236.3 million+10.1%
89Electric storage batteries$226.2 million+14.3%
90Other machine parts, accessories$224.5 million+36.8%
91Sanitary towels, baby napkins/liners$221.7 million+11.6%
92Other organic cleaning preparations$219.4 million+9.9%
93Unglazed ceramic flags, tiles$215.7 million+106.5%
94Electric motors, generators$215 million-4.9%
95Liquid pumps and elevators$212.9 million+5.1%
96Uncoated kraft paper$211.5 million+6.8%
97Propylene/olefin polymers$211.5 million+19.4%
98Rubber/plastic article making machines$206.9 million+15.2%
99Fertilizer mixes$204.3 million-8.1%
100Coiled iron or non-alloy steel bars, rods$204.2 million+335.3%
101Electric circuit parts, fuses, switches$203.3 million-2.6%
102Other measuring/testing machines$202.2 million-11.2%
103Sugar (cane or beet)$196.9 million+487%
104Swine meat$195.3 million+13.6%
105Cases, handbags, wallets$194.2 million+51.9%
106Styrene polymers$193.7 million+30.5%
107Self-adhesive plastic in rolls$192.2 million-0.3%
108Tractors$191.5 million-3.6%
109Alloy steel bars, rods$189.9 million-53.3%
110Butter, ghee$189.4 million+8.9%
111Apples, pears (fresh)$187 million+4.9%
112Ball, roller bearings$186.2 million+33.4%
113Palm oil$186.2 million-2.6%
114Chemical industry products/residuals$186.1 million+9.8%
115Miscellaneous iron or steel items$186 million-10.4%
116Copper bars, rods$182.2 million+0.5%
117Machinery parts$182.1 million+5.1%
118Electric water heaters, hair dryers$178.5 million+34.7%
119Electrical machinery$177.8 million-3.7%
120Amino-resins$175.2 million+35.5%
121Derricks, cranes$173.8 million+35.9%
122 Dishwashing, clean/dry/fill machines $170.2 million-1.4%
123Other than warp-knit fabrics$169.4 million-0.1%
124Microphones/headphones/amps$168.6 million+25.6%
125Uncoated paper for writing/printing$166.3 million+11.4%
126Cruise/cargo ships, barges$165.9 million+46.6%
127Table games, bowling equipment$165 million+9.5%
128Electric motor parts$163.2 million+1.7%
129Models, puzzles, miscellaneous toys$162.6 million+10.3%
130Other diagnostic/lab reagents$162.5 million+36.7%
131Flour/meal/starch/malt extract food preparations$162.2 million-6.8%
132Chemicals used in electronics$162.1 million-4.8%
133Electric sound/visual signal bells or alarms$161.6 million-7.9%
134Hair preparations$160.9 million+14.3%
135Vulcanized rubber items$160.8 million+5.6%
136Bread, biscuits, cakes, pastries$157.9 million+26.8%
137Oral/dental hygiene preparations$157 million+69.4%
138Uncoated paper$154.9 million+3%
139Plastic tubes, pipes, fittings$153.9 million-2.2%
140Footwear (textile)$153 million+84.3%
141Solid-form sugars, fructose, glucose, lactose$150.6 million-41.3%
142Sauces, mixed condiments, seasonings$148.6 million+6.5%
143Prepared adhesives, glues$147.7 million+1.2%
144Amino-compounds (oxygen)$146.8 million+6.7%
145Acyclic hydrocarbons$146.7 million+19.5%
146Non-alcoholic drinks (not water/juice/milk)$144.3 million+19.4%
147Beauty/makeup/skin care preparations$143.8 million+15%
148Other prepared/preserved vegetables (frozen)$143.6 million+4.5%
149Alcohol (including spirits, liqueurs)$143.1 million+52.5%
150Cheese, curd$142.7 million+4.5%
151Plastic tableware, kitchenware, toiletry$140.7 million+7.9%
152Inedible meat flour$139.8 million+22.4%
153Iron and steel screws, bolts, nuts, washers$135.6 million+15.7%
154Seats (excluding barber/dentist chairs)$135.6 million+32.7%
155Other coloring matter, luminophores$135.5 million+23.6%
156Electric generating sets, converters$135.2 million-30.2%
157Lamps, lighting, illuminated signs$134.2 million-6%
158Organic surface-active goods, soap$133.7 million+11.1%
159Lenses, prisms, mirrors$133.4 million+6.8%
160Magnets including electro-magnets$131.5 million-10.8%
161Sort/screen/washing machinery$130.8 million-12.8%
162Gold (unwrought)$129.6 million+36%
163Washing machines$128.3 million+26.5%
164Piston engine parts$125 million+49.1%
165Miscellaneous footwear$124.1 million-1.2%
166Electrical resistors$124 million+72.4%
167Chocolate, other cocoa preparations$123.2 million+5%
168Primary batteries/cells$121.6 million+96.6%
169Bottles, flasks, jars, pots$117.6 million+36.5%
170Acyclic alcohols$116.9 million+1.7%
171Print/write/draw inks$116.1 million+1%
172Provitamins, vitamins$115.2 million+33.6%
173Paper containers, cellulose wadding$111.1 million+31.3%
174Synthetic filament yarn$111.1 million+4%
175Industrial preparation machinery$110.8 million+7.1%
176Sugar confectionery (no cocoa)$110.4 million+32.3%
177Acrylic polymers$108.7 million+13.1%
178Starches, inulin$108.3 million+54.7%
179Interchangeable hand/machine tools$107.5 million-21.3%
180Spray/dispersing mechanical appliances$104.9 million+40.5%
181Copper plates, sheets, strips$104.9 million+24.3%
182Refined copper, unwrought alloys$104.5 million+2.2%
183Coconut/palm/babassu oil$102.8 million-5.8%
184Cellulose fiber paper$102.7 million+14.1%
185Prefabricated buildings$101.3 million+20.1%
186Lead (unwrought)$100.9 million-0.4%
187Synthetic yarn woven fabrics$100.2 million+94.1%
188Physical/chemical analysis tools$99.2 million+4.1%
189Aluminum (unwrought)$98 million+12.2%
190Machine-tool for metal$97.2 million+19.5%
191Hydrocarbon derivatives$96.9 million-7.8%
192Engines (diesel)$96.4 million-36.7%
193Vinyl chloride polymers$96.3 million+7%
194Fresh or dried citrus fruit$95.4 million+31%
195X-ray equipment$94.9 million+6.7%
196Base metal mountings, fittings$94.8 million+1%
197Special purpose vehicles$94.1 million-5.6%
198Fork-lift trucks$93.7 million-11%
199Photographic cameras, apparatus$92.2 million+4.4%
200Machine-part brooms, brushes$92.1 million+64.1%

These 200 imported goods were worth a subtotal of US$98.7 billion or 85.7% by value for all products imported into the Philippines during 2018.

See also Philippines Top 10 Exports, Philippines Top Trading Partners and Top Filipino Trade Balances

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 26, 2019

Investopedia, Net Exports Definition. Accessed on March 26, 2019

Trade Map, International Trade Centre. Accessed on March 26, 2019

Wikipedia, List of Companies of the Philippines. Accessed on March 26, 2019

Wikipedia, Philippines. Accessed on March 26, 2019