Philippines Imports  1957-2017 | Data | Chart | Calendar | Forecast | News

Imports to the Philippines increased by 9.1 percent year-on-year to USD 7.44 billion in January of 2017, following a downwardy revised 13.8 percent rise in December and reaching the slowest rise since October 2016. Purchases went up for: iron and steel (79.7 percent), mineral fuels, lubricants and related materials (42.7 percent) and cereals and cereal preparations (30.6 percent). In contrast, imports shrank for electronic products (-16.2 percent) and transport equipment (-9.5 percent). Purchases from China, the country’s biggest source of imports, went up 26.4 percent, followed by Japan (10.8 percent), South Korea (19.7 percent), the ASEAN countries (16.2 percent) and the EU countries (-27.2 percent). In contrast imports declined from the US (-6.9 percent). Imports in Philippines averaged 1760990.16 USD Thousand from 1957 until 2017, reaching an all time high of 7444179.47 USD Thousand in January of 2017 and a record low of 37084.30 USD Thousand in February of 1963.

Philippines Imports
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-10 01:00 AM Nov 19.7% 5.9%
2017-02-10 01:00 AM Dec 19.1% 19.7%
2017-03-10 01:00 AM Jan 9.1% 13.8%
2017-04-11 01:00 AM Feb 9.1%
2017-05-11 01:00 AM Mar
2017-06-09 01:00 AM Apr




Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2313784.93 -2564006.29 1144700.00 -2637938.69 USD Thousand [+]
Exports 5130394.54 4871019.62 5931591.34 23000.00 USD Thousand [+]
Imports 7444179.47 7435025.91 7444179.47 37084.30 USD Thousand [+]
Current Account -197.31 -743.28 1810.97 -1179.40 USD Million [+]
Current Account to GDP 2.90 3.80 5.80 -7.70 percent [+]
External Debt 76621.97 77474.07 79949.42 20893.00 USD Million [+]
Capital Flows 8.80 8.25 93.66 -35.31 USD Million [+]
Remittances 2168689.30 2559000.00 2559000.00 64208.00 USD Thousand [+]
Tourist Arrivals 576638.00 482350.00 576638.00 63628.00 [+]
Gold Reserves 196.34 196.18 274.42 126.89 Tonnes [+]
Terrorism Index 7.10 7.27 7.27 5.78 [+]
Foreign Direct Investment 26710.80 40390.70 230215.40 3959.10 PHP Million [+]
Crude Oil Production 25.00 25.00 40.00 0.79 BBL/D/1K [+]



Philippines Imports Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7444179.47 7435025.91 7444179.47 37084.30 1957 - 2017 USD Thousand Monthly