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

Imports to the Philippines surged 18.6 percent year-on-year to USD 7.72 billion in February o 2018, after a 11.4 percent gain in January. It was the fifth straight month of double-digit growth in inbound shipments, as purchases increased the most for miscellaneous manufactured articles (84.3 pct), industrial machinery & equipment (75.1 pct); iron & steel (32.7 pct) transport equipment (20.1 pct); telecommunication equipment and electrical machinery (17.1 pct) and electronic products (13.5 pct). On the other hand, imports only fell for other food and live animals (-2.5 percent). Inbound shipments from China, the Philippine’s biggest source of purchases, jumped 57.7 percent. Also, imports went up from: South Korea (42.5 percent); the US (8 percent); the ASEAN countries (12.5 percent) and the EU countries (8.5 percent). In contrast, purchases dropped from Japan (-6.5 pct). Imports in Philippines averaged 1882262.54 USD Thousand from 1957 until 2018, reaching an all time high of 8862531.80 USD Thousand in November 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
2018-02-09 01:00 AM Imports YoY 17.6% 20.1%
2018-03-09 01:00 AM Imports YoY 11.4% 20%
2018-04-11 01:00 AM Imports YoY 18.6% 11.4%
2018-05-10 01:00 AM Imports YoY 18.6%
2018-06-08 01:00 AM Imports YoY
2018-07-10 01:00 AM Imports YoY


Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -3065239.87 -3316866.86 1144700.00 -4016557.84 USD Thousand [+]
Exports 4659466.99 5218779.62 5931591.34 23000.00 USD Thousand [+]
Imports 7724706.86 8535646.47 8862531.80 37084.30 USD Thousand [+]
Current Account -1323.55 -1455.03 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 5.12 3.26 93.66 -35.31 USD Million [+]
Remittances 2267355.70 2379201.20 2741425.00 64208.00 USD Thousand [+]
Tourist Arrivals 732506.00 613372.00 732506.00 63628.00 [+]
Gold Reserves 196.40 196.36 274.42 126.89 Tonnes [+]
Terrorism Index 7.13 7.10 7.27 5.78 [+]
Foreign Direct Investment 21571.10 43018.30 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7724706.86 8535646.47 8862531.80 37084.30 1957 - 2018 USD Thousand Monthly




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