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

Imports to Philippines surged 19.7 percent year-on-year to USD 7.30 billion in November of 2016, compared to a 5.9 percent gain in October. It was the fastest growth in six months, as purchases rose for most categories : iron and steel (+100 percent), transport equipment (+76.3 percent), industrial machinery and equipment (+52.2 percent), miscellaneous manufactured articles (+51.6 percent), plastics in primary and non-primary forms (+50.3 percent), telecommunication equipment and electrical machinery (+32.3 percent), and other food and live animal (+27.3 percent). In contrast, imports of electronic products fell 7 percent. Purchases from China, the Philippines's biggest source of imports rose 20.3 percent. Inbound shipments also rose from Japan (+15.1 percent), Thailand (+22.1 percent), the ASEAN countries (+31 percent) and the EU countries (+26.1 percent). In contrast, imports declined from the US (-4.2 percent). Imports in Philippines averaged 1734412.22 USD Thousand from 1957 until 2016, reaching an all time high of 7100651.82 USD Thousand in September of 2016 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)
2016-11-10 01:00 AM Sep 13.5% 12.2%
2016-12-09 01:00 AM Oct 5.9% 13.5%
2017-01-10 01:00 AM Nov 19.7% 5.9%
2017-02-10 01:00 AM Dec 19.7%
2017-03-10 01:00 AM Jan
2017-04-11 01:00 AM Feb




Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2566000.00 -2163034.12 1144700.00 -2637938.69 USD Thousand [+]
Exports 4732350.00 4757921.31 5931591.34 23000.00 USD Thousand [+]
Imports 7297950.00 6920955.43 7297950.00 37084.30 USD Thousand [+]
Current Account 567.04 366.99 1810.97 -1179.40 USD Million [+]
Current Account to GDP 2.90 3.80 5.80 -7.70 percent [+]
External Debt 77474.07 77673.71 79949.42 20893.00 USD Million [+]
Capital Flows 9.94 10.46 93.66 -35.31 USD Million [+]
Remittances 2217000.00 2090000.00 2470164.00 64208.00 USD Thousand [+]
Tourist Arrivals 443025.00 422943.00 560872.00 63628.00 [+]
Gold Reserves 196.18 196.18 274.42 126.89 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7297950.00 6920955.43 7297950.00 37084.30 1957 - 2016 USD Thousand Monthly



Last Reference Previous Highest
Imports 7297950.00  USD Thousand Nov/16 6920955.43 7297950.00 [+]
Exports 4732350.00  USD Thousand Nov/16 4757921.31 5931591.34 [+]