Philippines Imports  1957-2018 | Data | Chart | Calendar | Forecast | News

Imports to the Philippines jumped by 18.5 percent from a year earlier to USD 8.74 billion in November of 2017, compared to a 13.1 percent rise in a month earlier. It was the fourth straight month of growth in inbound shipments, as purchases grew for : mineral fuels, lubricants and related material (38.6 pct); telecommunication equipment and electrical machinery (32.8 pct); iron and steel (26.4 pct); electronic products (23.4 pct), organic and inorganic chemicals (44.9 pct); miscellaneous manufactured articles (29.6 pct), and transport equipment (6 pct). In contrast, imports fell for industrial machinery and equipment (-1.2 pct); other food and live animals (-4 pct), and plastics in primary and non-primary forms (-2.2 pct). Among major trading partners, imports went up from South Korea (101.3 pct); China (14 pct); Japan (16.5 pct), and the ASEAN countries (16 pct). From January to November 2017, purchases rose 9.3 percent from the same period of 2016 to USD 83.80 billion. Imports in Philippines averaged 1837077.25 USD Thousand from 1957 until 2017, reaching an all time high of 8243500.27 USD Thousand in May of 2017 and a record low of 37084.30 USD Thousand in February of 1963.

Philippines Imports
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-10 01:00 AM Imports YoY 1.7% 10.4%
2017-12-12 01:00 AM Imports YoY 13.1% 4.4%
2018-01-10 01:00 AM Imports YoY 18.5% 13.1%
2018-02-10 01:00 AM Imports YoY 18.5%
2018-03-10 01:00 AM Imports YoY
2018-04-11 01:00 AM Imports YoY


Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -3781040.00 -2819000.00 1144700.00 -3781040.00 USD Thousand [+]
Exports 4963150.00 5392000.00 5931591.34 23000.00 USD Thousand [+]
Imports 8744190.00 8212000.00 8744190.00 37084.30 USD Thousand [+]
Current Account 129.60 108.14 1810.97 -1179.40 USD Million [+]
Current Account to GDP 0.20 2.50 5.80 -7.70 percent [+]
External Debt 76621.97 77474.07 79949.42 20893.00 USD Million [+]
Capital Flows 12.95 11.31 93.66 -35.31 USD Million [+]
Remittances 2260000.00 2275000.00 2615215.90 64208.00 USD Thousand [+]
Tourist Arrivals 523627.00 479803.00 631639.00 63628.00 [+]
Gold Reserves 196.36 196.36 274.42 126.89 Tonnes [+]
Terrorism Index 7.13 7.10 7.27 5.78 [+]
Foreign Direct Investment 43018.30 18160.60 230215.40 3959.10 PHP Million [+]
Crude Oil Production 15.00 15.00 38.00 0.80 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Philippines Imports

Philippines major imports are: electronic products (25 percent), mineral fuels (21 percent) and transport equipment (10 percent). Philippines's main import partners are: China (13 percent), the United States (11 percent), Japan (8 percent) and Taiwan (8 percent). This page provides the latest reported value for - Philippines Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Imports - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8744190.00 8212000.00 8744190.00 37084.30 1957 - 2017 USD Thousand Monthly




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