Philippine imports fell by 3.1% year-on-year to USD 11.1 billion in January 2026, slipping from an upwardly revised six-month high of 12.2% growth in the previous month. This marked the steepest decline since November 2024, mainly due to lower purchases of mineral fuels, lubricants and related materials (-25%), industrial machinery and equipment (-12.2%), and iron and steel (-19.7%). Conversely, arrivals rose for electronic products (18.6%), particularly medical/industrial instrumentation and semiconductors. Inbound shipments also increased for cereals and cereal preparation (20%) and metal products (17.6%). Among the country’s largest trading partners, China remained the top supplier, accounting for 29.2% of total imports, though arrivals fell by 1.7% from a year earlier. Imports also declined across nearly all key partners, particularly from Indonesia (-11.5%), Thailand (-14.4%), and Singapore (-14%) source: Philippine Statistics Authority
Imports in Philippines increased to 11141778.96 USD Thousand in January from 11019276.49 USD Thousand in December of 2025. Imports in Philippines averaged 2815798.08 USD Thousand from 1957 until 2026, reaching an all time high of 12521684.50 USD Thousand in June of 2022 and a record low of 37084.30 USD Thousand in February of 1963. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.
Imports in Philippines increased to 11141778.96 USD Thousand in January from 11019276.49 USD Thousand in December of 2025. Imports in Philippines is expected to be 11300000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Imports is projected to trend around 12100000.00 USD Thousand in 2027, according to our econometric models.