Imports to the Philippines rose to USD 14.1 billion in July 2026 from USD 11.8 billion in the same month a year earlier. Imports of electronic products surged 61.3%, led by components and devices (79.0%) and electronic data processing equipment (32.8%). Import growth was also supported by strong gains in mineral fuels, lubricants, and related materials (34.8%) and cereals and cereal preparations (50.1%). However, declines in shipments of transport equipment (-3.8%), industrial machinery and equipment (-3.7%), iron and steel (-8.3%), and other food and live animals (-9.6%) weighed on overall import growth. China remained the Philippines’ largest source of imports, accounting for 29.5% of the total, with purchases rising 20.2% from a year earlier. Imports also increased from South Korea (75.7%), Japan (23.1%), and the US (4.2%). In the first seven months of 2026, the country's imports reached USD 92.3 billion. source: Philippine Statistics Authority
Imports in Philippines decreased to 14121727.06 USD Thousand in July from 14326254.48 USD Thousand in June of 2026. Imports in Philippines averaged 2892777.23 USD Thousand from 1957 until 2026, reaching an all time high of 14326254.48 USD Thousand in June of 2026 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 September of 2026.
Imports in Philippines decreased to 14121727.06 USD Thousand in July from 14326254.48 USD Thousand in June of 2026. Imports in Philippines is expected to be 12000000.00 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 12500000.00 USD Thousand in 2027 and 13200000.00 USD Thousand in 2028, according to our econometric models.