Plastics, plastic articles: $1.3 billion (1.7%).Animal/vegetable fats, oils, waxes: $1.5 billion (2%).Optical, technical, medical apparatus: $2.2 billion (3%).Machinery including computers: $9.5 billion (12.7%).Electrical machinery, equipment: US$38.1 billion (51% of total exports).Also shown is the percentage share each export category represents in terms of overall exports from the Philippines. The following export product groups categorize the highest dollar value in Filipino global shipments during 2021. That dollar amount exceeds the average $6. Given the Philippines’ population of 110.2 million people, its total $74.6 billion in 2021 exported products translates to roughly $675 for every resident in the densely populated island nation in Southeast Asian.
Tinier percentages went to Oceania led by Australia and New Zealand (0.8%), Latin America excluding Mexico but including the Caribbean (0.6%) then Africa (0.3%). Philippines shipped another 12.3% worth of goods to Europe. The latest available country-specific data shows that 87.8% of products exported from the Philippines were bought by importers in: United States of America (15.9% of the Filipino global total), mainland China (15.5%), Japan (14.4%), Hong Kong (13.3%), Singapore (5.6%), Thailand (4.6%), Germany (3.9%), South Korea (3.4%), Taiwan (also 3.4%), Netherlands (3%), Malaysia (2.5%) and Vietnam (2.2%).įrom a continental perspective, over two-thirds (68.3%) of Philippines’ exports by value were delivered to fellow Asian countries while 17.5% were sold to importers in North America.
Filipino exporters also place as a major force among Asian nations in the international sales for the number one export, electronic circuits. The Philippines ranks among world-leading nations for exporting bananas, pineapples and nickel. Those commodities suggest some diversification in the country’s range of exported goods. In aggregate, those major exports account for 47.3% of overall exports sales from the Philippines. The Philippines’ biggest export products by value in 2021 were electronic circuits and microassemblies, computers, insulated wire or cable, printing machinery and refined copper.
Stronger local currency in the Philippines makes exports paid for in weaker US dollars relatively more expensive for international buyers in 2021. That dollar amount reflects an 18% increase since 2017 and a 16.8% upturn from 2020 to 2021.īased on the average exchange rate for 2021, the Philippine peso appreciated by 2.3% against the US dollar since 2017 and gained 0.7% from 2020 to 2021. Rep.) Costa Rica Croatia Cyprus Czech Republic Côte d'Ivoire Denmark Dominican Republic Ecuador El Salvador Equatorial Guinea Estonia Finland France Gabon Georgia Germany Ghana Gibraltar Global Greece Guatemala Guinea Honduras Hong Kong SAR, China Hungary Iceland India Indonesia Interaméricas Ireland (Republic of) Isle of Man Israel ישראל Italy Jamaica Japan Kazakhstan Kenya Kosovo Laos Latvia Liberia Liechtenstein Lithuania Luxembourg Macedonia Madagascar Malawi Malaysia Maldives Malta Mauritius Middle East Region Middle East Bahrain Egypt Iraq Jordan Kuwait Lebanon Libya Oman Qatar Saudi Arabia United Arab Emirates West Bank Gaza Moldova Mongolia Montenegro Mozambique México Mexico Namibia Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Nigeria Norway Pakistan Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Romania Rwanda Senegal Serbia Singapore Slovakia Slovenia South Africa South Korea Spain Sri Lanka Sweden Switzerland Taiwan 臺灣 Tanzania Thailand Trinidad and Tobago Turkey Türkiye Uganda Ukraine Україна United Kingdom UK United States US USA U.S.By Located in the western Pacific Ocean, the Southeast Asian nation called the Republic of Philippines shipped US$74.6 billion worth of goods around the globe in 2021. Afrique Francophone Albania Andorra Angola Argentina Armenia Australia Austria Azerbaijan Bahamas Barbados Belgium Bermuda Bolivia Bosnia and Herzegovina Botswana Brasil British Virgin Islands Brunei Bulgaria Cambodia Cameroon Canada Cape Verde Caribbean Cayman Islands Central and Eastern Europe Chad Channel Islands Chile China Colombia Congo (Brazzaville) Congo (Dem.
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