Philippine imports grew by 12.6% year-on-year to USD 11 billion in February 2026, rebounding sharply from a downwardly revised 1% fall in the previous month. This also marked the sharpest rise in imports since June last year, driven by higher purchases of electronic products (39.3%), particularly medical/industrial instrumentation (58.6%), communication/radar (49.7%), and semiconductors (44.6%). Arrivals also increased for telecommunication equipment and electrical machinery (58.6%), metal products (32.2%), and miscellaneous manufactured articles (23.6%). Among the country’s largest trading partners, China remained the top supplier, accounting for 28.8% of total imports, with imports rising 24%. Inbound shipments also climbed from South Korea (99%), Taiwan (23.6%), and Singapore (11.3%). For the first two months of the year, imports grew by 5.3% to USD 22.4 billion compared to the same period a year ago. source: Philippine Statistics Authority
Imports in Philippines decreased to 11012964.44 USD Thousand in February from 11416823.58 USD Thousand in January of 2026. Imports in Philippines averaged 2826148.20 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 April of 2026.
Imports in Philippines decreased to 11012964.44 USD Thousand in February from 11416823.58 USD Thousand in January of 2026. 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.