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

Imports to the Philippines surged 31.6 percent year-on-year to USD 9.40 billion in July of 2018, following a marginally revised 24.1 percent rise in June. Purchases grew the most for iron & steel (135.5 pct); transport equipment (61.1 pct), and miscellaneous manufactured articles (45.4 pct). Also, imports rose for: electronic products (43.2 pct); telecommunication equipment and electrical machinery (37.9 pct); mineral fuels, lubricants (35.8 pct); cereals & cereal preparations (35.7 pct); and plastics in primary and non-primary form (29.5 pct). On the other hand, purchases only fell for other food and live animals (-6.2 pct). Inbound shipments from China, the Philippine’s biggest source of purchases, jumped 51.2 percent. In addition, imports surged from South Korea (50.7 pct); the US (21 pct); Japan (16.4 pct); the EU countries (78.9 pct); and the ASEAN countries (20.5 pct). Imports in Philippines averaged 1926027.28 USD Thousand from 1957 until 2018, reaching an all time high of 9568839.68 USD Thousand in May of 2018 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
2018-07-10 01:00 AM Imports YoY 11.4% 23.1%
2018-08-08 01:00 AM Imports YoY 24.2% 12.6%
2018-09-11 01:00 AM Imports YoY 31.6% 24.1%
2018-10-10 01:00 AM Imports YoY 31.6%
2018-11-09 01:00 AM Imports YoY
2018-12-11 01:00 AM Imports YoY


Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -3546064.93 -3188353.69 1144700.00 -3972222.17 USD Thousand [+]
Exports 5851324.67 5861854.80 6003047.36 23000.00 USD Thousand [+]
Imports 9397389.59 9050208.49 9568839.68 37084.30 USD Thousand [+]
Current Account -823.78 -1171.01 1810.97 -1455.03 USD Million [+]
Current Account to GDP -0.80 -0.40 5.80 -7.70 percent [+]
External Debt 73097.87 76621.97 79949.42 20893.00 USD Million [+]
Capital Flows 0.86 -1.71 93.66 -35.31 USD Million [+]
Remittances 2401000.00 2356881.00 2741425.00 64208.00 USD Thousand [+]
Tourist Arrivals 601322.00 528747.00 732506.00 63628.00 [+]
Gold Reserves 196.40 196.40 274.42 126.89 Tonnes [+]
Terrorism Index 7.13 7.10 7.27 5.78 [+]
Foreign Direct Investment 831.00 1645.00 2256.00 -396.00 USD Million [+]
Crude Oil Production 15.00 15.00 38.00 1.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9397389.59 9050208.49 9568839.68 37084.30 1957 - 2018 USD Thousand Monthly




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