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

Imports to Philippines jumped 19.1 percent year-on-year to USD 7.43 billion in December of 2016, compared to a 19.7 percent rise in the prior month. Purchases rose transport equipment iron and steel (74.6 percent), power generating and specialized machinery (56.2 percent), telecommunication equipment and electrical machinery (37.2 percent), industrial machinery and equipment (36.8 percent), plastics in primary and non-primary forms (35.0 percent), iron and steel (19.2 percent) and electronic products (18.9 percent). In contrast, imports shrank for mineral fuels, lubricants and related materials (-18.7 percent) and other food and live animals (-1.8 percent). Purchases from China, the country’s biggest source of imports, went up 9.7 percent, followed by Japan (47.5 percent), the US (28.1 percent), South Korea (22.6 percent), the ASEAN countries (17.7 percent) and the EU countries (31.6 percent). Considering full 2016, purchases went up 14.2 percent to USD 81.14 billion. Imports in Philippines averaged 1742150.11 USD Thousand from 1957 until 2016, reaching an all time high of 7297950 USD Thousand in November 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)
2016-12-09 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 19.1% 19.7%
2017-03-10 01:00 AM Jan 19.1%
2017-04-11 01:00 AM Feb
2017-05-11 01:00 AM Mar




Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2564000.00 -2566000.00 1144700.00 -2637938.69 USD Thousand [+]
Exports 4871020.00 4732350.00 5931591.34 23000.00 USD Thousand [+]
Imports 7435030.00 7297950.00 7435030.00 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 2559000.00 2217000.00 2559000.00 64208.00 USD Thousand [+]
Tourist Arrivals 576638.00 482350.00 576638.00 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7435030.00 7297950.00 7435030.00 37084.30 1957 - 2016 USD Thousand Monthly