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

Imports to the Philippines increased by 11.4 percent year-on-year to USD 9.46 billion in May of 2018, following an upwardly revised 23.1 percent rise in a month earlier. Purchases grew for: mineral fuels, lubricants and related materials (41.6 pct); iron and steel (31.4 pct); miscellaneous manufactured articles (26.9 pct); telecommunication equipment and electrical machinery (14.8 pct); electronic products (16.1 pct); plastics in primary and non-primary forms (9.6 pct); metal products (8.7 pct), other food and live animals (7.8 pct), industrial machinery and equipment (7.6 pct). By contrast, imports fell for transport equipment (-1.6 pct). Inbound shipments went up from: South Korea (42.4 pct); the ASEAN countries (5.1 pct). Purchases from China, the Philippine’s biggest source of purchases, also rose by 18.8 percent. In contrast, imports dropped from the EU countries (-14.1 pct); the US (-5.2 pct), and Japan (-5.6 pct). Imports in Philippines averaged 1915062.14 USD Thousand from 1957 until 2018, reaching an all time high of 9462493.74 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
2018-05-09 01:00 AM Imports YoY 0.1% 13.7%
2018-06-08 01:00 AM Imports YoY 22.2% 0.3%
2018-07-10 01:00 AM Imports YoY 11.4% 23.1%
2018-08-09 01:00 AM Imports YoY 11.4%
2018-09-11 01:00 AM Imports YoY
2018-10-10 01:00 AM Imports YoY


Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -3700751.30 -3479664.40 1144700.00 -3972222.17 USD Thousand [+]
Exports 5761742.45 5312234.89 6003047.36 23000.00 USD Thousand [+]
Imports 9462493.74 8791899.29 9462493.74 37084.30 USD Thousand [+]
Current Account -203.88 77.60 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 6.31 4.00 93.66 -35.31 USD Million [+]
Remittances 2469000.00 2346899.90 2741425.00 64208.00 USD Thousand [+]
Tourist Arrivals 591137.00 642757.00 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 14208.40 21571.10 230215.40 3959.10 PHP 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9462493.74 8791899.29 9462493.74 37084.30 1957 - 2018 USD Thousand Monthly




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