Philippine imports climbed by 22.4% year-on-year to USD 13.2 billion in April 2026, accelerating from an upwardly revised 17% rise in the previous month. This marked the strongest growth in imports since August 2022, largely driven by a 78.2% surge in electronic products, mainly semiconductor components (+104.6%), followed by medical/industrial instrumentation (+38.4%), control and instrumentation (+36.2%), and communication/radar (+30.7%). Arrivals also rose sharply for mineral fuels, lubricants and related materials (+105.6%), partially offset by declines in transport equipment (-41%) and cereals and cereal preparations (-15.9%). Among the country’s largest trading partners, China remained the top supplier, accounting for 28.8% of total imports, with purchases rising 25.1%. Inbound shipments also increased from South Korea (+11.6%), Japan (+8.2%), Malaysia (+5%), and Indonesia (+6.7%). For the January -April period, total imports grew by 13.5% to USD 49.2 billion. source: Philippine Statistics Authority

Imports YoY in Philippines increased to 22.40 percent in April from 17 percent in March of 2026. Imports YoY in Philippines averaged 10.42 percent from 1958 until 2026, 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 June of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 01:00 AM
Imports YoY
Mar 12.3% 16.6%
2026-05-29 01:00 AM
Imports YoY
Apr 22.4% 17.0%
2026-06-30 01:00 AM
Imports YoY
May 22.4%


Related Last Previous Unit Reference
Balance of Trade -5965422.63 -5025388.59 USD Thousand Apr 2026
Capital Flows 9.23 8.19 USD Million Dec 2025
Current Account -379.13 -884.49 USD Million Dec 2025
Current Account to GDP -3.30 -4.00 percent of GDP Dec 2025
Exports 7207713.77 8191148.89 USD Thousand Apr 2026
Exports by Category
Exports by Country
Exports YoY 6.30 20.80 percent Apr 2026
External Debt 147650.80 137628.30 USD Million Dec 2025
Foreign Direct Investment 611.00 638.00 USD Million Mar 2026
Gold Reserves 133.51 133.12 Tonnes Mar 2026
Imports 13173136.40 13216537.48 USD Thousand Apr 2026
Imports by Category
Imports by Country
Imports YoY 22.40 17.00 percent Apr 2026
Cash Remittances 2900000.00 2785899.81 USD Thousand Mar 2026
Terrorism Index 4.72 5.17 Points Dec 2025
Tourist Arrivals 466769.00 553182.00 Apr 2026


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
22.40 17.00 153.00 -63.00 1958 - 2026 percent Monthly

News Stream
Philippine Imports Rise the Most Since 2022
Philippine imports climbed by 22.4% year-on-year to USD 13.2 billion in April 2026, accelerating from an upwardly revised 17% rise in the previous month. This marked the strongest growth in imports since August 2022, largely driven by a 78.2% surge in electronic products, mainly semiconductor components (+104.6%), followed by medical/industrial instrumentation (+38.4%), control and instrumentation (+36.2%), and communication/radar (+30.7%). Arrivals also rose sharply for mineral fuels, lubricants and related materials (+105.6%), partially offset by declines in transport equipment (-41%) and cereals and cereal preparations (-15.9%). Among the country’s largest trading partners, China remained the top supplier, accounting for 28.8% of total imports, with purchases rising 25.1%. Inbound shipments also increased from South Korea (+11.6%), Japan (+8.2%), Malaysia (+5%), and Indonesia (+6.7%). For the January -April period, total imports grew by 13.5% to USD 49.2 billion.
2026-05-29
Philippine Imports at Historic High
Philippine imports rose by 12.3% year-on-year to a record high of USD 12.7 billion in March 2026, following a 16.6% growth in the previous month. The increase was largely driven by a sharp 44.2% rise in imports of electronic products, particularly semiconductor components (+61%), communication/radar (+30.5%), and medical/industrial instrumentation (+23.9%). Arrivals also increased for mineral fuels, lubricants and related materials (+35.1%) and cereals and cereal preparations (+33.6%), partially offset by declines in transport equipment (-16.3%), industrial machinery and equipment (-9.9%), and iron and steel (-16.2%). Among the country’s largest trading partners, China remained the top supplier, accounting for 28.5% of total imports, with imports rising 9.3%. Imports also increased from South Korea (+89.3%), the US (+25.8%), Malaysia (+33.4%), and Singapore (+23.9%). For January–March, total imports increased 8.9% to USD 35.5 billion.
2026-04-30
Philippine Imports Rise the Most in 8 Months
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.
2026-03-27


International Trade
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