The country’s total value of exports reached to $50.7 billion which is composed primarily of integrated circuits ($19 billion), computers ($6 billion), machine parts ($3.1 billion) and electrical transformers ($2.2 billion).
These items are then shipped to the Philippines’ major export partners, such as the United States which received 17.6 percent of the total exports, Japan following with 16.2%, then by the Netherlands with 9.8%.
Philippines: Imports Profile
| $71.067 billion|
|Electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic|
|China 12.9%, United States 11.2%, Japan 8.4%, Taiwan 7.8%, South Korea 7.7%, Singapore 6.8%, Thailand 5.4%, Saudi Arabia 4.5%, Indonesia 4.5%, Germany 3.8|