Philippine imports rose by 7.1% yeear-on-year to USD 10.5 billion on December 2025, from an upwardly revised 2.3% gain in the previous month. It marked the strongest annual growth since June, driven primarily by higher purchases of electronic products (25.8%), particularly components/devices, electronic data processing equipment, and telecommunications. Imports also increased for mineral fuels, lubricants, and related materials (6.3%), transport equipment (7%), and industrial machinery and equipment (1%). However, decreases were observed in other food and live animals (-4.1%) and cereals and cereal preparations (-29%). Among the country’s largest trading partners, China remained the top supplier, accounting for 28.4% of total imports. Other major sources included the Republic of Korea (9.8%), Indonesia (6.8%), Japan (6.8%), and the United States (6.3%). For the full year of 2025, total imports reached USD 133.6 billion, a 4.7% increase compared to 2024. source: Philippine Statistics Authority

Imports YoY in Philippines increased to 7.10 percent in December from 2.30 percent in November of 2025. Imports YoY in Philippines averaged 10.39 percent from 1958 until 2025, reaching an all time high of 153.00 percent in April of 2021 and a record low of -63.00 percent in April of 2020. This page includes a chart with historical data for Philippines Imports YoY. Philippines Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-26 01:00 AM
Imports YoY
Nov -2% -3%
2026-01-27 01:00 AM
Imports YoY
Dec 7.1% 2.3%
2026-02-27 01:00 AM
Imports YoY
Jan 7.1%


Related Last Previous Unit Reference
Balance of Trade -3524863.00 -3954308.00 USD Thousand Dec 2025
Capital Flows 10.25 7.90 USD Million Sep 2025
Current Account -926.54 -931.15 USD Million Sep 2025
Current Account to GDP -3.80 -2.80 percent of GDP Dec 2024
Exports 6992770.67 6926510.78 USD Thousand Dec 2025
Exports by Category
Exports by Country
Exports YoY 23.30 21.30 percent Dec 2025
External Debt 137628.30 125393.69 USD Million Dec 2024
Foreign Direct Investment 642.00 320.00 USD Million Oct 2025
Gold Reserves 133.12 131.88 Tonnes Dec 2025
Imports 10517633.54 10880819.24 USD Thousand Dec 2025
Imports by Category
Imports by Country
Imports YoY 7.10 2.30 percent Dec 2025
Cash Remittances 2909687.00 3171273.00 USD Thousand Nov 2025
Terrorism Index 5.17 5.38 Points Dec 2024
Tourist Arrivals 467942.00 432938.00 Nov 2025


Philippines Imports YoY
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).
Actual Previous Highest Lowest Dates Unit Frequency
7.10 2.30 153.00 -63.00 1958 - 2025 percent Monthly

News Stream
Philippine Imports Growth Hits 6-Month High
Philippine imports rose by 7.1% yeear-on-year to USD 10.5 billion on December 2025, from an upwardly revised 2.3% gain in the previous month. It marked the strongest annual growth since June, driven primarily by higher purchases of electronic products (25.8%), particularly components/devices, electronic data processing equipment, and telecommunications. Imports also increased for mineral fuels, lubricants, and related materials (6.3%), transport equipment (7%), and industrial machinery and equipment (1%). However, decreases were observed in other food and live animals (-4.1%) and cereals and cereal preparations (-29%). Among the country’s largest trading partners, China remained the top supplier, accounting for 28.4% of total imports. Other major sources included the Republic of Korea (9.8%), Indonesia (6.8%), Japan (6.8%), and the United States (6.3%). For the full year of 2025, total imports reached USD 133.6 billion, a 4.7% increase compared to 2024.
2026-01-27
Philippine Imports Fall at Softer Pace
Philippine imports fell by 2% year-on-year to USD 10.4 billion in November 2025, slowing from a downwardly revised 3% drop in the previous month. The softer decline was driven by growth in electronic products (16.6%), particularly semiconductors (28.5%) and electronic data processing (1.5%). Imports also rose for transport equipment (20.7%) and iron and steel (11.1%). These gains offset decreases in mineral fuels, lubricants, and related materials (-18.9%), other food and live animals (-1.8%), and telecommunication equipment and electrical machinery (-7.7%). Among the country’s largest trading partners, China remained the top supplier (28.7% share), with imports rising 2.8%. However, imports from Japan (-2.9%), Indonesia (-16%), and the US (-2.1%) declined. For the January to November period, the country's imports increased to USD 122.6 billion from USD 117.6 billion in the same period a year earlier.
2025-12-26
Philippine Imports Drop 6.5% in October
Philippine imports fell 6.5% year-on-year to USD 11.2 billion in October 2025, reversing an upwardly revised 5.1% rise in the previous month. This marks the sharpest drop since June 2024, mainly driven by lower purchases of transport equipment (-27.5%) and mineral fuels, lubricants, and related products (-19.6%). Imports also declined for cereals (-41.8%), telecommunications equipment and electrical machinery (-10.7%), and miscellaneous manufactured articles (-8.6%). Conversely, arrivals rose for electronic products (+10.6%), iron and steel (+26.1%), and metal products (+14.4%). Imports fell across nearly all key partners, particularly from Vietnam (-27.7%), South Korea (-21.7%), Indonesia (-21.5%), Singapore (-16.6%), and the US (-8.5%). For the January–October period, imports grew 4.3% to USD 111.75 billion compared with the same period last year.
2025-11-28


International Trade
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