Table 1.

Philippine Total Trade and Year-on-Year Growth Rates by Month and Year: 2022-2024
(FOB Value in million USD)

Growth Rate
Total Trade Cumulative
Month/Year (%)
(1) (2) (3)

2022
January 16,641.17 16,641.17 19.1
February 16,434.82 33,075.99 22.4
March 19,073.49 52,149.49 16.9
April 17,630.42 69,779.90 20.2
May 18,235.25 88,015.15 21.0
June 19,262.99 107,278.14 16.9
July 18,455.31 125,733.45 12.0
August 18,917.22 144,650.68 15.4
September 19,260.74 163,911.42 12.0
October 18,769.80 182,681.22 12.7
November 17,983.21 200,664.43 4.2
December 16,130.79 216,795.22 -8.7

2023
January 16,439.73 16,439.73 -1.2
February 14,087.09 30,526.83 -14.3
March 18,245.43 48,772.26 -4.3
April 14,664.61 63,436.87 -16.8
May 17,462.87 80,899.74 -4.2
June 17,397.75 98,297.49 -9.7
July 16,615.95 114,913.44 -10.0
August 17,564.38 132,477.83 -7.2
September 17,092.17 149,570.00 -11.3
October 17,277.84 166,847.84 -7.9
November 17,231.60 184,079.44 -4.2
December 15,746.88 199,826.32 -2.4

2024
January 16,324.52 16,324.52 -0.7
February 15,583.07 31,907.59 10.6
March 15,796.11 47,703.71 -13.4
April 17,305.32 65,009.02 18.0
May 17,394.80 82,403.83 -0.4
June 15,458.18 97,862.01 -11.1
July 17,376.66 115,238.67 4.6
August 17,897.45 133,136.13 1.9
September r 17,617.14 150,753.27 3.1
October p 18,126.31 168,879.58 4.9

p - preliminary
r - revised
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 2. Philippine Imports and Year-on-Year Growth Rates by Month and Year: 2022-2024
(FOB Value in million USD)

Growth Rate
Imports Cumulative
Month/Year (%)
(1) (2) (3)

2022
January 10,559.01 10,559.01 25.3
February 10,185.73 20,744.74 26.3
March 11,768.49 32,513.23 23.4
April 11,462.84 43,976.07 29.1
May 11,879.48 55,855.55 30.2
June 12,521.68 68,377.23 26.4
July 12,215.00 80,592.23 22.3
August 12,455.33 93,047.56 26.4
September 12,011.51 105,059.07 14.4
October 11,024.21 116,083.29 7.7
November 10,817.61 126,900.90 -1.5
December 10,320.21 137,221.11 -9.4

2023
January 10,997.87 10,997.87 4.2
February 8,983.78 19,981.65 -11.8
March 11,631.81 31,613.46 -1.2
April 9,748.47 41,361.93 -15.0
May 10,932.62 52,294.55 -8.0
June 10,667.01 62,961.56 -14.8
July 10,370.22 73,331.78 -15.1
August 10,834.74 84,166.52 -13.0
September 10,320.24 94,486.76 -14.1
October 10,759.41 105,246.18 -2.4
November 11,000.53 116,246.70 1.7
December 9,962.50 126,209.20 -3.5

2024
January 10,339.82 10,339.82 -6.0
February 9,569.39 19,909.21 6.5
March 9,572.80 29,482.01 -17.7
April 11,017.02 40,499.03 13.0
May 11,063.88 51,562.91 1.2
June 9,890.82 61,453.73 -7.3
July 11,126.30 72,580.03 7.3
August 11,145.01 83,725.04 2.9
September r 11,358.66 95,083.69 10.1
October p 11,964.59 107,048.28 11.2

p - preliminary
r - revised
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 3. Philippine Exports and Year-on-Year Growth Rates by Month and Year: 2022-2024
(FOB Value in million USD)

Growth Rate
Exports Cumulative
Month/Year (%)
(1) (2) (3)

2022
January 6,082.16 6,082.16 9.6
February 6,249.09 12,331.25 16.6
March 7,305.01 19,636.26 7.8
April 6,167.58 25,803.83 6.6
May 6,355.77 32,159.60 6.9
June 6,741.31 38,900.91 2.5
July 6,240.31 45,141.22 -3.8
August 6,461.89 51,603.12 -1.2
September 7,249.23 58,852.34 8.3
October 7,745.59 66,597.93 20.6
November 7,165.60 73,763.53 14.1
December 5,810.57 79,574.11 -7.5

2023
January 5,441.87 5,441.87 -10.5
February 5,103.31 10,545.18 -18.3
March 6,613.63 17,158.81 -9.5
April 4,916.14 22,074.94 -20.3
May 6,530.25 28,605.19 2.7
June 6,730.74 35,335.93 -0.2
July 6,245.73 41,581.67 0.1
August 6,729.64 48,311.30 4.1
September 6,771.93 55,083.23 -6.6
October 6,518.43 61,601.66 -15.8
November 6,231.07 67,832.74 -13.0
December 5,784.38 73,617.12 -0.5

2024
January 5,984.70 5,984.70 10.0
February 6,013.68 11,998.38 17.8
March 6,223.32 18,221.70 -5.9
April 6,288.30 24,509.99 27.9
May 6,330.92 30,840.92 -3.1
June 5,567.36 36,408.28 -17.3
July 6,250.36 42,658.64 0.1
August 6,752.45 49,411.09 0.3
September r 6,258.48 55,669.57 -7.6
October p 6,161.72 61,831.30 -5.5

p - preliminary
r - revised
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 4. Philippine Balance of Trade in Goods and Year-on-Year Growth Rates by Month and Year: 2022-2024
(FOB Value in million USD)

Growth Rate
Balance of Trade in Goods Cumulative
Month/Year (%)
(1) (2) (3)

2022
January -4,476.86 -4,476.86 55.7
February -3,936.64 -8,413.49 45.5
March -4,463.48 -12,876.97 62.1
April -5,295.27 -18,172.24 71.1
May -5,523.70 -23,695.95 73.8
June -5,780.38 -29,476.32 73.7
July -5,974.69 -35,451.01 70.5
August -5,993.43 -41,444.44 81.1
September -4,762.29 -46,206.73 25.1
October -3,278.63 -49,485.35 -14.0
November -3,652.01 -53,137.37 -22.4
December -4,509.64 -57,647.01 -11.8

2023
January -5,556.00 -5,556.00 24.1
February -3,880.47 -9,436.47 -1.4
March -5,018.18 -14,454.65 12.4
April -4,832.34 -19,286.99 -8.7
May -4,402.37 -23,689.36 -20.3
June -3,936.27 -27,625.63 -31.9
July -4,124.48 -31,750.11 -31.0
August -4,105.11 -35,855.22 -31.5
September -3,548.31 -39,403.53 -25.5
October -4,240.99 -43,644.52 29.4
November -4,769.45 -48,413.97 30.6
December -4,178.12 -52,592.09 -7.4

2024
January -4,355.12 -4,355.12 -21.6
February -3,555.71 -7,910.84 -8.4
March -3,349.48 -11,260.31 -33.3
April -4,728.72 -15,989.04 -2.1
May -4,732.96 -20,721.99 7.5
June -4,323.45 -25,045.45 9.8
July -4,875.94 -29,921.39 18.2
August -4,392.56 -34,313.95 7.0
September r -5,100.17 -39,414.12 43.7
October p -5,802.86 -45,216.99 36.8

p - preliminary
r - revised
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 5. Philippine Exports by Commodity Group: October 2023 and 2024 p
(FOB Value in million USD)

2023 2024
Growth Rate
Percent Share Percent Share (%)
Commodity Groups October October p
(%) (%)
(1) (2) (3) (4) (5)

Total Exports 6,518.43 100.0 6,161.72 100.0 -5.5

1 Electronic Products 3,734.88 57.3 2,866.02 46.5 -23.3

a) Components/Devices (Semiconductors) 2,952.43 45.3 1,954.62 31.7 -33.8
b) Electronic Data Processing 395.84 6.1 493.16 8.0 24.6
c) Office Equipment 24.08 0.4 31.30 0.5 30.0
d) Consumer Electronics 83.76 1.3 99.59 1.6 18.9
e) Telecommunication 85.55 1.3 104.15 1.7 21.7
f) Communication/Radar 57.90 0.9 50.39 0.8 -13.0
g) Control and Instrumentation 80.87 1.2 87.38 1.4 8.1
h) Medical/Industrial Instrumentation 49.91 0.8 35.64 0.6 -28.6
i) Automotive Electronics 4.53 0.1 9.79 0.2 115.9
2 Other Manufactured Goods 323.26 5.0 510.58 8.3 57.9
3 Other Mineral Products 318.29 4.9 297.87 4.8 -6.4
4 Coconut Oil 1/ 114.57 1.8 243.08 3.9 112.2
5 Ignition Wiring Set and Other Wiring Sets Used in Vehicles,
Aircrafts and Ships 2/ 240.13 3.7 225.30 3.7 -6.2
6 Machinery and Transport Equipment 219.36 3.4 211.34 3.4 -3.7
7 Chemicals 174.14 2.7 179.37 2.9 3.0
8 Cathodes and Sections Of Cathodes, Of Refined Copper 174.44 2.7 150.10 2.4 -14.0
9 Electronic Equipment and Parts 86.81 1.3 137.04 2.2 57.9
10 Gold 3/ 83.23 1.3 116.05 1.9 39.4

Top 10 Exports Total 5,469.11 83.9 4,936.76 80.1 -9.7

11 Copper Concentrates 35.88 0.6 112.73 1.8 214.2

12 Bananas (Fresh) 108.06 1.7 108.96 1.8 0.8
13 Processed Food and Beverages 81.49 1.3 89.00 1.4 9.2
14 Metal Components 4/ 96.51 1.5 86.83 1.4 -10.0
15 Miscellaneous Manufactured Articles, n.e.s. 52.75 0.8 68.60 1.1 30.0
16 Pineapple and Pineapple Products 50.30 0.8 65.61 1.1 30.4
17 Travel Goods and Handbags 54.05 0.8 50.54 0.8 -6.5
18 Articles of Apparel and Clothing Accessories 60.30 0.9 44.83 0.7 -25.7
19 Processed Tropical Fruits 32.54 0.5 42.45 0.7 30.5
20 Other Products Manufactured from Materials Imported on
Consignment Basis 25.01 0.4 33.86 0.5 35.4
21 Non-Metallic Mineral Manufactures 21.25 0.3 33.65 0.5 58.4
22 Tuna 5/ 26.96 0.4 32.88 0.5 22.0
23 Woodcrafts and Furniture 33.69 0.5 31.98 0.5 -5.1
24 Fish, Fresh or Preserved Of Which; Shrimps and Prawns 30.75 0.5 30.64 0.5 -0.4
25 Desiccated Coconut 20.56 0.3 29.74 0.5 44.6
26 Petroleum Products 0.53 0.0 25.19 0.4 a
27 Iron and Steel 12.59 0.2 24.74 0.4 96.5
28 Baby Carriage, Toys, Games, and Sporting Goods 13.25 0.2 23.72 0.4 79.0
29 Textile Yarns/Fabrics 22.77 0.3 23.27 0.4 2.2
30 Seaweeds and Carageenan 21.72 0.3 20.58 0.3 -5.3
31 Special Transactions 23.63 0.4 18.94 0.3 -19.8
32 Natural Rubber 10.09 0.2 17.71 0.3 75.6
33 Lumber 16.75 0.3 16.40 0.3 -2.1
34 Unmanufactured Tobacco 12.67 0.2 15.95 0.3 25.9
35 Other Fruits and Vegetables 7.23 0.1 13.92 0.2 92.5
36 Activated Carbon 7.08 0.1 12.69 0.2 79.2
37 Other Coconut Product 6.43 0.1 8.03 0.1 24.9
38 Footwear 6.13 0.1 7.17 0.1 16.9
39 Chromium Ore 5.66 0.1 4.81 0.1 -15.0
40 Copra Oil Cake or Meal 3.16 0.0 4.06 0.1 28.4
41 Other Agro-based 7.56 0.1 3.87 0.1 -48.8
42 Basketworks 3.70 0.1 3.28 0.1 -11.4
43 Other Forest Products 3.17 0.0 2.80 0.0 -11.8
44 Wood Manufactures 1.88 0.0 2.32 0.0 23.3
45 Ceramic Tiles and Decor 1.62 0.0 2.19 0.0 35.6
46 Fine Jewelry 2.54 0.0 1.64 0.0 -35.5
47 Abaca Fibers 1.94 0.0 1.18 0.0 -39.4
48 Christmas Decor 0.84 0.0 1.10 0.0 30.8
49 Shrimps and Prawns, Fresh, Chilled or Frozen 0.66 0.0 0.77 0.0 16.5
50 Others 125.60 1.9 106.34 1.7 -15.3

1/ - includes crude and refined

2/ - consists only of electrical wiring harness for motor vehicles
3/ - extracted from copper ores and concentrates
4/ - excludes brakes and servo-brakes
5/ - includes fresh, frozen, prepared or preserved in airtight containers
0.0 - percent share is less than 0.05 but not equal to zero
n.e.s. - Not Elsewhere Specified
a - growth rate is more than 1,000 percent
p - preliminary
Note: Growth rates were computed from actual values.
Source: Philippine Statistics Authority
 Table 6. Philippine Exports by Commodity Group: January to October, 2023 and 2024 p
(FOB Value in million USD)

2023 2024
Growth Rate
Commodity Groups Jan-Oct Jan-Oct p (%)

(1) (2) (3)

Total Exports 61,601.66 61,831.30 0.4

1 Electronic Products 35,013.33 33,464.41 -4.4

a) Components/Devices (Semiconductors) 28,102.71 25,307.70 -9.9
b) Electronic Data Processing 3,618.60 4,500.07 24.4
c) Office Equipment 283.85 262.61 -7.5
d) Consumer Electronics 817.87 1,034.13 26.4
e) Telecommunication 678.02 778.49 14.8
f) Communication/Radar 520.21 473.33 -9.0
g) Control and Instrumentation 696.33 734.45 5.5
h) Medical/Industrial Instrumentation 262.50 312.48 19.0
i) Automotive Electronics 33.23 61.17 84.1
2 Other Manufactured Goods 3,296.78 3,888.91 18.0
3 Other Mineral Products 2,743.36 2,590.17 -5.6
4 Coconut Oil 1/ 999.49 1,679.94 68.1
5 Ignition Wiring Set and Other Wiring Sets Used in Vehicles,
Aircrafts and Ships 2/ 2,227.81 2,032.05 -8.8
6 Machinery and Transport Equipment 2,029.76 2,170.17 6.9
7 Chemicals 1,328.65 1,556.50 17.1
8 Cathodes and Sections Of Cathodes, Of Refined Copper 1,575.38 1,074.71 -31.8
9 Electronic Equipment and Parts 934.37 1,018.70 9.0
10 Gold 3/ 964.08 1,050.70 9.0
11 Copper Concentrates 691.00 1,131.82 63.8
12 Bananas (Fresh) 1,001.15 1,006.82 0.6
13 Processed Food and Beverages 674.47 734.06 8.8
14 Metal Components 4/ 946.35 807.35 -14.7
15 Miscellaneous Manufactured Articles, n.e.s. 558.31 614.75 10.1
16 Pineapple and Pineapple Products 617.17 658.51 6.7
17 Travel Goods and Handbags 461.15 460.58 -0.1
18 Articles of Apparel and Clothing Accessories 596.86 565.47 -5.3
19 Processed Tropical Fruits 346.32 381.58 10.2
20 Other Products Manufactured from Materials Imported on
Consignment Basis 218.97 297.89 36.0
21 Non-Metallic Mineral Manufactures 224.29 277.37 23.7
22 Tuna 5/ 305.86 400.62 31.0
23 Woodcrafts and Furniture 288.48 283.26 -1.8
24 Fish, Fresh or Preserved Of Which; Shrimps and Prawns 271.76 268.68 -1.1
25 Desiccated Coconut 207.63 244.77 17.9
26 Petroleum Products 5.38 138.18 a
27 Iron and Steel 123.43 122.04 -1.1
28 Baby Carriage, Toys, Games, and Sporting Goods 165.93 169.85 2.4
29 Textile Yarns/Fabrics 213.66 217.88 2.0
30 Seaweeds and Carageenan 255.70 213.34 -16.6
31 Special Transactions 196.45 217.72 10.8
32 Natural Rubber 106.34 103.02 -3.1
33 Lumber 151.54 119.00 -21.5
34 Unmanufactured Tobacco 61.17 97.78 59.9
35 Other Fruits and Vegetables 55.63 63.45 14.1
36 Activated Carbon 89.06 101.20 13.6
37 Other Coconut Product 42.52 67.08 57.8
38 Footwear 68.62 76.96 12.2
39 Chromium Ore 25.98 21.60 -16.9
40 Copra Oil Cake or Meal 58.77 51.20 -12.9
41 Other Agro-based 53.25 57.56 8.1
42 Basketworks 34.24 30.23 -11.7
43 Other Forest Products 40.39 24.87 -38.4
44 Wood Manufactures 3.12 13.71 339.6
45 Ceramic Tiles and Decor 15.84 19.91 25.7
46 Fine Jewelry 21.87 24.96 14.1
47 Abaca Fibers 15.64 14.81 -5.3
48 Christmas Decor 84.13 53.79 -36.1
49 Shrimps and Prawns, Fresh, Chilled or Frozen 8.31 8.39 0.9
50 Others 1,181.88 1,142.99 -3.3

1/ - includes crude and refined

2/ - consists only of electrical wiring harness for motor vehicles
3/ - extracted from copper ores and concentrates
4/ - excludes brakes and servo-brakes
5/ - includes fresh, frozen, prepared or preserved in airtight containers
n.e.s. - Not Elsewhere Specified
a - growth rate is more than 1,000 percent
p - preliminary
Note: Growth rates were computed from actual values.
Source: Philippine Statistics Authority
 Table 7. Philippine Exports by Major Type of Goods: October 2023 and 2024 p
(FOB Value in million USD)

2023 2024
Growth Rate
Percent Share Percent Share (%)
Major Type of Goods October October p
(%) (%)
(1) (2) (3) (4) (5)

Total Exports 6,518.43 100.0 6,161.72 100.0 -5.5

Total Agro-Based Products 418.90 6.4 591.98 9.6 41.3

Agro-Based Products 331.54 5.1 499.87 8.1 50.8
Coconut Products 144.73 2.2 284.92 4.6 96.9
Copra a - a - -
Coconut Oil 114.57 1.8 243.08 3.9 112.2
Desiccated Coconut 20.56 0.3 29.74 0.5 44.6
Copra Meal/Cake 3.16 0.0 4.01 0.1 26.7
Others 6.43 0.1 8.09 0.1 25.7
Sugar and Products 0.46 0.0 0.46 0.0 1.0
Centrifugal and Refined a - a - -
Molasses a - a - -
Others 0.46 0.0 0.46 0.0 1.0
Fruits and Vegetables 186.36 2.9 214.49 3.5 15.1
Canned Pineapple 15.47 0.2 19.05 0.3 23.1
Pineapple Juice 8.93 0.1 10.24 0.2 14.7
Pineapple Concentrates 2.28 0.0 1.42 0.0 -37.9
Bananas 108.06 1.7 108.96 1.8 0.8
Mangoes 0.89 0.0 0.71 0.0 -20.5
Others 50.73 0.8 74.12 1.2 46.1
Other Agro-Based Products 87.36 1.3 92.12 1.5 5.4
Fish, Fresh or Preserved Of Which; Shrimps and
Prawns 35.22 0.5 33.46 0.5 -5.0
Coffee, Raw, not Roasted 0.00 0.0 0.01 0.0 b
Abaca Fibers 1.94 0.0 1.18 0.0 -39.4
Tobacco Unmanufactured 12.67 0.2 15.95 0.3 25.9
Natural Rubber 10.09 0.2 17.71 0.3 75.6
Ramie Fibers, Raw or Roasted a - a - -
Seaweeds, Dried 0.06 0.0 0.03 0.0 -52.1
Rice 0.00 0.0 a - -100.0
Others 27.39 0.4 23.78 0.4 -13.2
Forest Products 23.16 0.4 19.83 0.3 -14.4
Logs a - a - -
Lumber 16.75 0.3 16.40 0.3 -2.1
Plywood 3.24 0.0 0.64 0.0 -80.3
Veneer Sheets/Corestocks a - a - -
Others 3.17 0.0 2.80 0.0 -11.8
Mineral Products 621.27 9.5 681.57 11.1 9.7
Copper Concentrates 35.88 0.6 112.73 1.8 214.2
Copper Metal 174.44 2.7 150.10 2.4 -14.0
Gold 83.23 1.3 116.05 1.9 39.4
Iron Ore Agglomerates 3.78 0.1 a - -100.0
Chromium Ore 5.66 0.1 4.81 0.1 -15.0
Nickel a - a - -
Others 318.29 4.9 297.87 4.8 -6.4
Petroleum Products 0.53 0.0 25.19 0.4 b
Manufactured Goods 5,312.52 81.5 4,719.79 76.6 -11.2
Electronic Products 3,734.88 57.3 2,866.02 46.5 -23.3
Components/Devices (Semiconductors) 2,952.43 45.3 1,954.62 31.7 -33.8
Electronic Data Processing 395.84 6.1 493.16 8.0 24.6
Office Equipment 24.08 0.4 31.30 0.5 30.0
Consumer Electronics 83.76 1.3 99.59 1.6 18.9
Telecommunication 85.55 1.3 104.15 1.7 21.7
Communication/Radar 57.90 0.9 50.39 0.8 -13.0
Control and Instrumentation 80.87 1.2 87.38 1.4 8.1
Medical/Industrial Instrumentation 49.91 0.8 35.64 0.6 -28.6
Automotive Electronics 4.53 0.1 9.79 0.2 115.9
Other Electronics 326.94 5.0 362.34 5.9 10.8
Garments 60.30 0.9 44.83 0.7 -25.7
Textile Yarns/Fabrics 22.80 0.3 23.33 0.4 2.3
Footwear 6.13 0.1 7.17 0.1 16.9
Travel Goods and Handbags 54.05 0.8 50.54 0.8 -6.5
Wood Manufactures 6.81 0.1 7.61 0.1 11.7
Furniture and Fixtures 28.64 0.4 26.61 0.4 -7.1
Chemicals 181.44 2.8 192.18 3.1 5.9
Non-Metallic Mineral Manufactures 22.87 0.4 35.84 0.6 56.7
Machinery and Transport Equipment 219.36 3.4 211.34 3.4 -3.7
Processed food and Beverages 119.14 1.8 137.63 2.2 15.5
Iron and Steel 12.59 0.2 24.74 0.4 96.5
Baby Carriage, Toys, Games and Sporting Goods 14.09 0.2 24.81 0.4 76.1
Basketwork, Wickerwork and Other Articles of
Plaiting Materials 3.58 0.1 3.15 0.1 -11.9
Miscellaneous Manufactured Articles, n.e.s. 55.39 0.8 70.30 1.1 26.9
Others 443.51 6.8 631.33 10.2 42.3
Special Transactions 142.05 2.2 123.37 2.0 -13.2
Re-Export 12.39 0.2 5.28 0.1 -57.4

a - no export data
b - growth rate is more than 1,000 percent
- no percent shares/no growth rates
0.00 - value is less than USD 5000
0.0 - percent share is less than 0.05 but not equal to zero
n.e.s. - Not Elsewhere Specified
p - preliminary
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 8. Philippine Exports by Major Type of Goods: January to October, 2023 and 2024 p
(FOB Value in million USD)

2023 2024
Growth Rate
Major Type of Goods Jan-Oct Jan-Oct p (%)

(1) (2) (3)

Total Exports 61,601.66 61,831.30 0.4

Total Agro-Based Products 4,008.40 4,811.38 20.0

Agro-Based Products 3,208.06 4,019.36 25.3
Coconut Products 1,308.40 2,042.99 56.1
Copra a a -
Coconut Oil 999.49 1,679.94 68.1
Desiccated Coconut 207.63 244.77 17.9
Copra Meal/Cake 58.77 51.14 -13.0
Others 42.52 67.14 57.9
Sugar and Products 3.84 18.71 387.1
Centrifugal and Refined 0.00 0.01 b
Molasses a 0.00 -
Others 3.84 18.69 386.9
Fruits and Vegetables 1,895.82 1,957.66 3.3
Canned Pineapple 188.31 184.42 -2.1
Pineapple Juice 96.25 94.81 -1.5
Pineapple Concentrates 43.43 19.33 -55.5
Bananas 1,001.15 1,006.82 0.6
Mangoes 12.47 8.98 -28.0
Others 554.21 643.30 16.1
Other Agro-Based Products 800.34 792.01 -1.0
Fish, Fresh or Preserved Of Which; Shrimps and Prawns 322.43 317.26 -1.6
Coffee, Raw, not Roasted 0.48 0.39 -18.5
Abaca Fibers 15.64 14.81 -5.3
Tobacco Unmanufactured 61.17 97.78 59.9
Natural Rubber 106.34 103.02 -3.1
Ramie Fibers, Raw or Roasted a a -
Seaweeds, Dried 1.55 1.42 -8.4
Rice 0.02 0.00 -99.9
Others 292.71 257.35 -12.1
Forest Products 230.94 160.18 -30.6
Logs a a -
Lumber 151.54 119.00 -21.5
Plywood 39.01 16.29 -58.2
Veneer Sheets/Corestocks a 0.01 -
Others 40.39 24.87 -38.4
Mineral Products 6,052.48 5,885.81 -2.8
Copper Concentrates 691.00 1,131.82 63.8
Copper Metal 1,575.38 1,074.71 -31.8
Gold 964.08 1,050.70 9.0
Iron Ore Agglomerates 44.80 16.80 -62.5
Chromium Ore 25.98 21.60 -16.9
Nickel 7.87 0.01 -99.9
Others 2,743.36 2,590.17 -5.6
Petroleum Products 5.38 138.18 b
Manufactured Goods 50,035.13 49,552.92 -1.0
Electronic Products 35,013.33 33,464.41 -4.4
Components/Devices (Semiconductors) 28,102.71 25,307.70 -9.9
Electronic Data Processing 3,618.60 4,500.07 24.4
Office Equipment 283.85 262.61 -7.5
Consumer Electronics 817.87 1,034.13 26.4
Telecommunication 678.02 778.49 14.8
Communication/Radar 520.21 473.33 -9.0
Control and Instrumentation 696.33 734.45 5.5
Medical/Industrial Instrumentation 262.50 312.48 19.0
Automotive Electronics 33.23 61.17 84.1
Other Electronics 3,162.18 3,050.75 -3.5
Garments 596.86 565.47 -5.3
Textile Yarns/Fabrics 214.05 218.24 2.0
Footwear 68.62 76.96 12.2
Travel Goods and Handbags 461.15 460.58 -0.1
Wood Manufactures 56.46 62.44 10.6
Furniture and Fixtures 234.31 234.02 -0.1
Chemicals 1,431.73 1,675.43 17.0
Non-Metallic Mineral Manufactures 240.11 297.27 23.8
Machinery and Transport Equipment 2,029.76 2,170.17 6.9
Processed food and Beverages 1,089.59 1,268.29 16.4
Iron and Steel 125.24 122.65 -2.1
Baby Carriage, Toys, Games and Sporting Goods 250.06 223.64 -10.6
Basketwork, Wickerwork and Other Articles of Plaiting
Materials 32.93 29.54 -10.3
Miscellaneous Manufactured Articles, n.e.s. 580.98 640.04 10.2
Others 4,447.78 4,993.02 12.3
Special Transactions 1,269.33 1,282.84 1.1
Re-Export 81.10 55.89 -31.1

a - no export data
b - growth rate is more than 1,000 percent
- no growth rates
0.00 - value is less than USD 5000
n.e.s. - Not Elsewhere Specified
p - preliminary
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 9. Philippine Export Statistics for the Top Ten Countries: October 2023 and 2024 p
(FOB Value in million USD)

Annual Growth Rate

2023 2024
(%)

Countries Percent Percent Percent Percent

October Share Jan-Oct Share October p Share Jan-Oct p Share Current Cumulative
(%) (%) (%) (%)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Total Exports 6,518.43 100.0 61,601.66 100.0 6,161.72 100.0 61,831.30 100.0 -5.5 0.4

Top 10 Countries Total 5,208.99 79.9 49,930.78 81.1 4,905.51 79.6 49,554.27 80.1 -5.8 -0.8

1 United States of America 1,057.33 16.2 9,576.94 15.5 995.26 16.2 10,176.30 16.5 -5.9 6.3
2 Japan 907.58 13.9 8,799.52 14.3 940.98 15.3 8,650.30 14.0 3.7 -1.7
3 People's Republic of China 924.11 14.2 9,393.30 15.2 853.52 13.9 7,924.51 12.8 -7.6 -15.6
4 Hong Kong 781.84 12.0 7,170.69 11.6 592.23 9.6 8,388.69 13.6 -24.3 17.0
5 Thailand 273.27 4.2 2,436.94 4.0 304.96 4.9 2,461.55 4.0 11.6 1.0
6 Republic of Korea 320.87 4.9 2,880.95 4.7 293.43 4.8 3,102.67 5.0 -8.6 7.7
7 Singapore 280.54 4.3 3,059.86 5.0 286.81 4.7 2,367.39 3.8 2.2 -22.6
8 Netherlands 264.02 4.1 2,632.99 4.3 242.92 3.9 2,457.30 4.0 -8.0 -6.7
9 Malaysia 210.83 3.2 1,849.15 3.0 206.03 3.3 1,901.53 3.1 -2.3 2.8
10 Germany 188.60 2.9 2,130.43 3.5 189.38 3.1 2,124.02 3.4 0.4 -0.3

Other Countries 1,309.44 20.1 11,670.88 18.9 1,256.21 20.4 12,277.03 19.9 -4.1 5.2

11 Republic of China (Taiwan) 237.31 3.6 2,153.66 3.5 182.24 3.0 2,342.24 3.8 -23.2 8.8
12 Vietnam 182.50 2.8 1,366.01 2.2 154.81 2.5 1,388.68 2.2 -15.2 1.7
13 Indonesia 79.42 1.2 616.96 1.0 134.91 2.2 868.63 1.4 69.9 40.8
14 India 93.51 1.4 922.17 1.5 100.87 1.6 883.19 1.4 7.9 -4.2
15 Mexico 85.25 1.3 765.89 1.2 75.94 1.2 754.58 1.2 -10.9 -1.5
16 Canada 58.56 0.9 500.67 0.8 67.74 1.1 467.60 0.8 15.7 -6.6
17 Australia 44.84 0.7 469.65 0.8 62.07 1.0 463.07 0.7 38.4 -1.4
18 UK Great Britain and N. Ireland 39.01 0.6 432.53 0.7 51.96 0.8 479.08 0.8 33.2 10.8
19 Switzerland 22.62 0.3 466.62 0.8 41.06 0.7 469.42 0.8 81.5 0.6
20 United Arab Emirates 48.45 0.7 287.28 0.5 34.91 0.6 326.65 0.5 -28.0 13.7
21 Others 417.98 6.4 3,689.44 6.0 349.71 5.7 3,833.90 6.2 -16.3 3.9

p - preliminary
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 10. Philippine Export Statistics for Selected Economic Blocs: October 2023 and 2024 p
(FOB Value in million USD)

Annual Growth Rate

2023 2024
(%)

Economic Bloc Percent Percent Percent Percent

October Share Jan-Oct Share October p Share Jan-Oct p Share Current Cumulative
(%) (%) (%) (%)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Total Exports 6,518.43 61,601.66 6,161.72 61,831.30 -5.5 0.4

1 Asia-Pacific Economic Cooperation (APEC) 1/ 5,467.68 83.9 51,253.46 83.2 5,173.01 84.0 51,510.81 83.3 -5.4 0.5
2 Regional Comprehensive Economic Partnership (RCEP) 2/ 3,241.25 49.7 31,035.19 50.4 3,253.30 52.8 29,337.39 47.4 0.4 -5.5
3 East Asia 3/ 3,173.24 48.7 30,408.51 49.4 2,863.50 46.5 30,417.86 49.2 -9.8 0.0
4 Association of Southeast Asian Nations (ASEAN) 4/ 1,036.99 15.9 9,438.20 15.3 1,095.22 17.8 9,129.42 14.8 5.6 -3.3
5 European Union (EU) 5/ 723.32 11.1 7,100.63 11.5 609.43 9.9 6,827.00 11.0 -15.7 -3.9
6 Rest of the World 6/ 319.91 4.9 3,172.26 5.1 371.26 6.0 3,401.42 5.5 16.1 7.2

1/ - includes Australia, Brunei Darussalam, Canada, Chile, Chinese Taipei, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, People’s Republic of China, Peru, Republic of Korea, Russia, Singapore, Thailand, United States of
America, andAustralia,
2/ - includes Vietnam Brunei Darussalam, Cambodia, Indonesia, Japan, Lao People's Democratic Republic, Malaysia, Myanmar, New Zealand, People's Republic of China, Republic of Korea, Singapore, Thailand, and Vietnam
3/ - includes Hong Kong, Japan, Macau, Mongolia, People’s Republic of China, Republic of Korea, and Republic of China (Taiwan)
4/ - includes Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Singapore, Thailand, and Vietnam
5/ - includes Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain,
and Sweden all countries not included in the economic bloc
6/ - includes
p - preliminary
Note: Details do not add up to total due to some countries which are in multiple economic blocs.
Source: Philippine Statistics Authority
 Table 11. Philippine Imports by Commodity Group: October 2023 and 2024 p
(FOB Value in million USD)

2023 2024
Percent Percent Growth Rate
Commodity Groups October Share October p Share (%)
(%) (%)
(1) (2) (3) (4) (5)

Total Imports 10,759.41 100.0 11,964.59 100.0 11.2

1 Electronic Products 2,207.81 20.5 2,672.39 22.3 21.0

a) Components/Devices (Semiconductors) 1,533.14 14.2 1,811.04 15.1 18.1
b) Electronic Data Processing 197.70 1.8 278.04 2.3 40.6
c) Office Equipment 23.56 0.2 13.78 0.1 -41.5
d) Consumer Electronics 101.26 0.9 150.46 1.3 48.6
e) Telecommunication 100.91 0.9 133.81 1.1 32.6
f) Communication/Radar 145.52 1.4 175.06 1.5 20.3
g) Control and Instrumentation 78.90 0.7 82.06 0.7 4.0
h) Medical/Industrial Instrumentation 21.46 0.2 22.94 0.2 6.9
i) Automotive Electronics 5.37 0.0 5.22 0.0 -2.8
2 Mineral Fuels, Lubricants and Related Materials 1,881.06 17.5 1,686.16 14.1 -10.4
3 Transport Equipment 889.86 8.3 1,222.97 10.2 37.4
4 Cereals and Cereal Preparations 300.58 2.8 594.82 5.0 97.9
5 Other Food and Live Animals 409.77 3.8 520.82 4.4 27.1
6 Industrial Machinery and Equipment 444.59 4.1 501.31 4.2 12.8
7 Miscellaneous Manufactured Articles 421.03 3.9 486.86 4.1 15.6
8 Iron and Steel 390.48 3.6 428.29 3.6 9.7
9 Telecommunication Equipment and Electrical Machinery 1/
307.57 2.9 354.06 3.0 15.1
10 Plastics in Primary and Non-Primary Forms 210.26 2.0 260.90 2.2 24.1

Top 10 Imports Total 7,463.02 69.4 8,728.58 73.0 17.0

11 Medicinal and Pharmaceutical Products 193.85 1.8 242.17 2.0 24.9

12 Metalliferous Ores and Metal Scrap 337.33 3.1 229.72 1.9 -31.9
13 Metal Products 190.06 1.8 229.13 1.9 20.6
14 Organic and Inorganic Chemicals 188.45 1.8 207.55 1.7 10.1
15 Chemical Materials and Products, n.e.s. 157.15 1.5 166.53 1.4 6.0
16 Other chemicals 153.62 1.4 164.46 1.4 7.1
17 Non-Metallic Mineral Manufactures 180.10 1.7 162.52 1.4 -9.8
18 Feeding Stuff For Animals (Not Including Unmilled Cereals) 234.89 2.2 148.16 1.2 -36.9
19 Paper and Paper Products 131.74 1.2 143.80 1.2 9.2
20 Power Generating and Specialized Machinery 182.22 1.7 141.82 1.2 -22.2
21 Non-Ferrous Metal 112.88 1.0 140.68 1.2 24.6
22 Fruits and Vegetables 133.21 1.2 130.62 1.1 -1.9
23 Textile Yarn, Fabrics, Made-Up Articles and Related Products 2/ 104.92 1.0 126.29 1.1 20.4
24 Animal and Vegetable Oils and Fats 109.73 1.0 123.70 1.0 12.7
25 Dairy Products 95.49 0.9 122.47 1.0 28.3
26 Professional, Scientific and Controlling Instruments; Photographic
and Optical Goods, n.e.s.; Watches and Clocks 126.51 1.2 104.36 0.9 -17.5
27 Other Crude Materials, inedible 62.33 0.6 82.62 0.7 32.6
28 Fertilizers, Manufactured 105.71 1.0 79.37 0.7 -24.9
29 Articles of Apparel, accessories 71.99 0.7 73.76 0.6 2.5
30 Rubber Manufacture 60.29 0.6 65.55 0.5 8.7
31 Fish and Fish Preparations 78.55 0.7 64.96 0.5 -17.3
32 Home Appliances 53.78 0.5 60.16 0.5 11.9
33 Beverages and Tobacco Manufactures 54.16 0.5 52.44 0.4 -3.2
34 Dyeing, Tanning and Coloring Materials 46.43 0.4 49.75 0.4 7.2
35 Other Manufactured Goods 50.58 0.5 48.16 0.4 -4.8
36 Tobacco, unmanufactured 18.28 0.2 18.64 0.2 1.9
37 Textiles Fiber and Their Waste 16.28 0.2 16.44 0.1 1.0
38 Pulp and Waste Paper 6.11 0.1 5.57 0.0 -8.8
39 Other Special Transactions 8.88 0.1 5.46 0.0 -38.5
40 Office and EDP Machines 2.21 0.0 1.76 0.0 -20.0
41 Artificial Resins 0.04 0.0 0.03 0.0 -29.4
42 Chemical Compounds 0.00 0.0 0.01 0.0 b
43 Corn a - a - -
44 Iron Ore, not agglomerated a - a - -
45 Other Mineral Fuels and Lubricant a - a - -
46 Others 28.63 0.3 27.34 0.2 -4.5

1/ - includes telecommunications and sound recording and reproducing apparatus and equipment
2/ - includes on consignment and not on consignment
a - no import data
b - growth rate is more than 1,000 percent
- no percent shares/no growth rates
0.0 - percent share is less than 0.05 but not equal to zero
n.e.s. - Not Elsewhere Specified
p - preliminary
Note: Growth rates were computed from actual values.
Source: Philippine Statistics Authority
 Table 12. Philippine Imports by Commodity Group: January to October, 2023 and 2024 p
(FOB Value in million USD)

2023 2024
Growth Rate
Commodity Groups Jan-Oct Jan-Oct p (%)

(1) (2) (3)

Total Imports 105,246.18 107,048.28 1.7

1 Electronic Products 22,319.67 22,785.06 2.1

a) Components/Devices (Semiconductors) 15,935.13 15,454.17 -3.0
b) Electronic Data Processing 1,996.90 2,421.06 21.2
c) Office Equipment 193.98 171.43 -11.6
d) Consumer Electronics 856.46 1,223.07 42.8
e) Telecommunication 1,088.43 1,177.74 8.2
f) Communication/Radar 1,144.57 1,211.95 5.9
g) Control and Instrumentation 849.36 865.60 1.9
h) Medical/Industrial Instrumentation 209.66 212.24 1.2
i) Automotive Electronics 45.17 47.80 5.8
2 Mineral Fuels, Lubricants and Related Materials 16,963.87 16,380.87 -3.4
3 Transport Equipment 10,017.08 9,531.55 -4.8
4 Cereals and Cereal Preparations 3,451.57 4,461.97 29.3
5 Other Food and Live Animals 4,319.91 4,450.82 3.0
6 Industrial Machinery and Equipment 4,803.92 4,843.08 0.8
7 Miscellaneous Manufactured Articles 3,721.44 3,958.01 6.4
8 Iron and Steel 3,982.54 4,524.11 13.6
9 Telecommunication Equipment and Electrical Machinery 1/ 3,060.35 3,006.97 -1.7
10 Plastics in Primary and Non-Primary Forms 2,257.41 2,461.54 9.0
11 Medicinal and Pharmaceutical Products 1,968.30 2,098.24 6.6
12 Metalliferous Ores and Metal Scrap 2,744.55 2,364.89 -13.8
13 Metal Products 2,037.23 2,196.04 7.8
14 Organic and Inorganic Chemicals 1,859.42 1,852.03 -0.4
15 Chemical Materials and Products, n.e.s. 1,525.25 1,501.02 -1.6
16 Other chemicals 1,401.75 1,476.81 5.4
17 Non-Metallic Mineral Manufactures 1,576.12 1,533.57 -2.7
18 Feeding Stuff For Animals (Not Including Unmilled Cereals)
1,858.52 1,838.37 -1.1
19 Paper and Paper Products 1,251.32 1,362.98 8.9
20 Power Generating and Specialized Machinery 1,572.26 1,532.36 -2.5
21 Non-Ferrous Metal 1,135.24 1,290.78 13.7
22 Fruits and Vegetables 1,104.32 1,258.31 13.9
23 Textile Yarn, Fabrics, Made-Up Articles and Related
Products 2/ 1,122.90 1,088.56 -3.1
24 Animal and Vegetable Oils and Fats 1,001.16 1,199.29 19.8
25 Dairy Products 1,107.52 1,150.01 3.8
26 Professional, Scientific and Controlling Instruments;
Photographic and Optical Goods, n.e.s.; Watches and
Clocks 1,153.09 1,078.15 -6.5
27 Other Crude Materials, inedible 713.01 732.29 2.7
28 Fertilizers, Manufactured 735.34 599.93 -18.4
29 Articles of Apparel, accessories 634.11 673.50 6.2
30 Rubber Manufacture 591.30 603.18 2.0
31 Fish and Fish Preparations 620.60 558.74 -10.0
32 Home Appliances 489.32 551.04 12.6
33 Beverages and Tobacco Manufactures 448.69 431.75 -3.8
34 Dyeing, Tanning and Coloring Materials 468.49 480.89 2.6
35 Other Manufactured Goods 474.36 459.36 -3.2
36 Tobacco, unmanufactured 191.92 146.20 -23.8
37 Textiles Fiber and Their Waste 143.45 138.27 -3.6
38 Pulp and Waste Paper 64.10 62.68 -2.2
39 Other Special Transactions 57.45 43.38 -24.5
40 Office and EDP Machines 12.19 11.77 -3.5
41 Artificial Resins 1.16 1.82 56.5
42 Chemical Compounds 0.46 0.19 -59.9
43 Corn a a -
44 Iron Ore, not agglomerated a a -
45 Other Mineral Fuels and Lubricant a a -
46 Others 283.50 327.90 15.7

1/ - includes telecommunications and sound recording and reproducing apparatus and equipment
2/ - includes on consignment and not on consignment
a - no import data
- no growth rate
n.e.s. - Not Elsewhere Specified
p - preliminary
Note: Growth rates were computed from actual values.
Source: Philippine Statistics Authority
 Table 13. Philippine Imports by Major Type of Goods: October 2023 and 2024 p
(FOB Value in million USD)

2023 2024
Percent Percent Growth Rate
Major Type of Goods October Share October p Share (%)
(%) (%)
(1) (2) (3) (4) (5)

Total Imports 10,759.41 100.0 11,964.59 100.0 11.2

Capital Goods 2,863.08 26.6 3,464.01 29.0 21.0

Power Generating and Specialized Machines 626.58 5.8 642.94 5.4 2.6
Office and EDP Machines 223.46 2.1 293.57 2.5 31.4
Telecommunication Equipment and Electrical Machinery 1,418.23 13.2 1,734.16 14.5 22.3
Land Transport Equipment excluding Passenger Cars and
Motorized cycle 269.94 2.5 362.42 3.0 34.3
Aircraft, Ships and Boats 119.73 1.1 244.74 2.0 104.4
Professional Scientific and Control Instrumentation,
Photographic Equipment and Optical Goods 205.15 1.9 186.18 1.6 -9.2
Raw Materials and Intermediate Goods 3,952.95 36.7 4,170.74 34.9 5.5
Unprocessed Raw Materials 609.74 5.7 572.53 4.8 -6.1
Wheat 132.46 1.2 163.15 1.4 23.2
Corn 19.63 0.2 54.79 0.5 179.1
Unmilled cereals excluding rice and corn 17.33 0.2 1.61 0.0 -90.7
Crude materials, inedible 422.04 3.9 334.36 2.8 -20.8
Pulp and waste paper 6.11 0.1 5.57 0.0 -8.8
Cotton 1.24 0.0 0.46 0.0 -63.4
Synthetic Fibers 11.54 0.1 12.04 0.1 4.3
Metalliferous ores 337.33 3.1 229.72 1.9 -31.9
Others 65.83 0.6 86.57 0.7 31.5
Tobacco, unmanufactured 18.28 0.2 18.64 0.2 1.9
Semi-Processed Raw Materials 3,343.22 31.1 3,598.20 30.1 7.6
Feeding stuffs for animals 234.89 2.2 148.16 1.2 -36.9
Animal and vegetable oils and fats 109.73 1.0 123.70 1.0 12.7
Chemical 1,055.42 9.8 1,170.65 9.8 10.9
Chemical compounds 188.36 1.8 207.50 1.7 10.2
Medicinal and pharmaceutical chemicals 193.85 1.8 242.17 2.0 24.9
Urea 52.49 0.5 40.85 0.3 -22.2
Fertilizer excluding urea 53.22 0.5 38.53 0.3 -27.6
Artificial resins 210.30 2.0 260.93 2.2 24.1
Others 357.20 3.3 380.67 3.2 6.6
Manufactured goods 1,214.73 11.3 1,337.00 11.2 10.1
Paper and paper products 131.04 1.2 143.11 1.2 9.2
Textile yarn, fabrics and made-up articles 99.31 0.9 119.56 1.0 20.4
Non-metallic mineral manufactures 180.10 1.7 162.52 1.4 -9.8
Iron and steel 390.48 3.6 428.29 3.6 9.7
Non-ferrous metals 112.88 1.0 140.68 1.2 24.6
Metal products 190.06 1.8 229.13 1.9 20.6
Others 110.86 1.0 113.71 1.0 2.6
Embroideries 5.61 0.1 6.73 0.1 19.9
Materials/Accessories for the manufacture of
electronic equipment 722.83 6.7 811.97 6.8 12.3
Iron ore, not agglomerated a - a - -
Mineral Fuels, Lubricants and Related Materials 1,881.06 17.5 1,686.16 14.1 -10.4
Coal, Coke 256.97 2.4 250.78 2.1 -2.4
Petroleum crude 427.39 4.0 285.35 2.4 -33.2
Others 1/ 1,196.70 11.1 1,150.03 9.6 -3.9
Consumer Goods 2,018.82 18.8 2,604.69 21.8 29.0
Durable 1,044.48 9.7 1,264.34 10.6 21.0
Passenger cars and motorized cycle 501.28 4.7 617.04 5.2 23.1
Home appliances 100.81 0.9 115.42 1.0 14.5
Miscellaneous manufactures 442.39 4.1 531.89 4.4 20.2
Non-Durable 974.34 9.1 1,340.35 11.2 37.6
Food and live animals chiefly for food 848.18 7.9 1,214.15 10.1 43.1
Dairy products 95.49 0.9 122.47 1.0 28.3
Fish and fish preparation 78.55 0.7 64.96 0.5 -17.3
Rice 91.03 0.8 316.76 2.6 248.0
Fruits and vegetables 133.21 1.2 130.62 1.1 -1.9
Others 449.91 4.2 579.34 4.8 28.8
Beverages and tobacco manufacture 54.16 0.5 52.44 0.4 -3.2
Articles of apparel, accessories 71.99 0.7 73.76 0.6 2.5
Special Transactions 43.49 0.4 38.99 0.3 -10.4
Articles temporarily imported and exported a - a - -
Others 43.49 0.4 38.99 0.3 -10.4

a - no import data
- no percent shares/no growth rates
0.0 - percent share is less than 0.05 but not equal to zero
1/ - includes diesel fuel and fuel oils, light oils and preparations, aviation turbine fuel, and other mineral fuels, lubricant and related materials
p - preliminary
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 14. Philippine Imports by Major Type of Goods: January to October, 2023 and 2024 p
(FOB Value in million USD)

2023 2024
Growth Rate
Major Type of Goods Jan-Oct Jan-Oct p (%)

(1) (2) (3)

Total Imports 105,246.18 107,048.28 1.7

Capital Goods 29,745.21 29,836.72 0.3

Power Generating and Specialized Machines 6,374.13 6,372.41 0.0
Office and EDP Machines 2,202.66 2,604.02 18.2
Telecommunication Equipment and Electrical Machinery 14,574.76 14,390.05 -1.3
Land Transport Equipment excluding Passenger Cars and
Motorized cycle 2,618.46 2,922.00 11.6
Aircraft, Ships and Boats 1,977.89 1,610.03 -18.6
Professional Scientific and Control Instrumentation,
Photographic Equipment and Optical Goods 1,997.31 1,938.21 -3.0
Raw Materials and Intermediate Goods 38,048.49 39,029.82 2.6
Unprocessed Raw Materials 5,679.91 5,470.34 -3.7
Wheat 1,537.50 1,595.87 3.8
Corn 181.74 410.74 126.0
Unmilled cereals excluding rice and corn 103.64 19.41 -81.3
Crude materials, inedible 3,665.11 3,298.13 -10.0
Pulp and waste paper 64.10 62.68 -2.2
Cotton 13.19 6.37 -51.7
Synthetic Fibers 95.86 94.06 -1.9
Metalliferous ores 2,744.55 2,364.89 -13.8
Others 747.42 770.12 3.0
Tobacco, unmanufactured 191.92 146.20 -23.8
Semi-Processed Raw Materials 32,368.58 33,559.48 3.7
Feeding stuffs for animals 1,858.52 1,838.37 -1.1
Animal and vegetable oils and fats 1,001.16 1,199.29 19.8
Chemical 10,209.62 10,470.92 2.6
Chemical compounds 1,852.22 1,850.87 -0.1
Medicinal and pharmaceutical chemicals 1,968.30 2,098.24 6.6
Urea 303.94 249.93 -17.8
Fertilizer excluding urea 431.40 350.00 -18.9
Artificial resins 2,258.58 2,463.36 9.1
Others 3,395.19 3,458.52 1.9
Manufactured goods 12,075.13 12,967.80 7.4
Paper and paper products 1,243.61 1,355.67 9.0
Textile yarn, fabrics and made-up articles 1,034.74 1,005.09 -2.9
Non-metallic mineral manufactures 1,576.12 1,533.57 -2.7
Iron and steel 3,982.54 4,524.11 13.6
Non-ferrous metals 1,135.24 1,290.78 13.7
Metal products 2,037.23 2,196.04 7.8
Others 1,065.66 1,062.54 -0.3
Embroideries 88.16 83.47 -5.3
Materials/Accessories for the manufacture of
electronic equipment 7,135.98 6,999.62 -1.9
Iron ore, not agglomerated a a -
Mineral Fuels, Lubricants and Related Materials 16,963.87 16,380.87 -3.4
Coal, Coke 3,282.92 2,582.75 -21.3
Petroleum crude 3,271.30 2,974.60 -9.1
Others 1/ 10,409.64 10,823.52 4.0
Consumer Goods 20,090.80 21,365.84 6.3
Durable 10,226.96 10,406.76 1.8
Passenger cars and motorized cycle 5,431.42 5,016.18 -7.6
Home appliances 880.11 982.03 11.6
Miscellaneous manufactures 3,915.43 4,408.55 12.6
Non-Durable 9,863.84 10,959.08 11.1
Food and live animals chiefly for food 8,781.04 9,853.83 12.2
Dairy products 1,107.52 1,150.01 3.8
Fish and fish preparation 620.60 558.74 -10.0
Rice 1,212.65 2,010.27 65.8
Fruits and vegetables 1,104.32 1,258.31 13.9
Others 4,735.96 4,876.51 3.0
Beverages and tobacco manufacture 448.69 431.75 -3.8
Articles of apparel, accessories 634.11 673.50 6.2
Special Transactions 397.81 435.03 9.4
Articles temporarily imported and exported a a -
Others 397.81 435.03 9.4

a - no import data
- no growth rate
1/ - includes diesel fuel and fuel oils, light oils and preparations, aviation turbine fuel, and other mineral fuels, lubricant and related materials
p - preliminary
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 15. Philippine Import Statistics for the Top Ten Countries: October 2023 and 2024 p
(FOB Value in million USD)

Annual Growth Rate

2023 2024
(%)

Countries Percent Percent Percent Percent

October Share Jan-Oct Share October p Share Jan-Oct p Share Current Cumulative
(%) (%) (%) (%)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Total Imports 10,759.41 100.0 105,246.18 100.0 11,964.59 100.0 107,048.28 100.0 11.2 1.7

Top 10 Countries Total 8,449.14 78.5 82,358.47 78.3 9,464.62 79.1 83,918.39 78.4 12.0 1.9

1 People's Republic of China 2,600.94 24.2 24,395.09 23.2 3,066.87 25.6 27,372.47 25.6 17.9 12.2
2 Indonesia 1,015.39 9.4 9,675.26 9.2 1,013.15 8.5 8,947.67 8.4 -0.2 -7.5
3 Republic of Korea 785.91 7.3 7,190.16 6.8 989.72 8.3 8,078.24 7.5 25.9 12.4
4 Japan 838.97 7.8 8,565.50 8.1 926.80 7.7 8,359.22 7.8 10.5 -2.4
5 United States of America 712.82 6.6 7,011.15 6.7 754.16 6.3 6,896.81 6.4 5.8 -1.6
6 Thailand 638.12 5.9 6,579.64 6.3 743.97 6.2 6,381.65 6.0 16.6 -3.0
7 Vietnam 362.38 3.4 3,913.92 3.7 550.85 4.6 4,568.17 4.3 52.0 16.7
8 Singapore 605.69 5.6 5,975.22 5.7 528.73 4.4 4,933.97 4.6 -12.7 -17.4
9 Malaysia 570.56 5.3 4,954.95 4.7 501.19 4.2 5,057.36 4.7 -12.2 2.1
10 Republic of China (Taiwan) 318.35 3.0 4,097.57 3.9 389.18 3.3 3,322.83 3.1 22.2 -18.9

Other Countries 2,310.27 21.5 22,887.71 21.7 2,499.97 20.9 23,129.89 21.6 8.2 1.1

11 Australia 252.85 2.4 2,994.70 2.8 241.03 2.0 2,348.56 2.2 -4.7 -21.6
12 India 146.65 1.4 1,619.34 1.5 208.32 1.7 1,903.36 1.8 42.1 17.5
13 Hong Kong 129.52 1.2 1,683.57 1.6 164.83 1.4 1,747.45 1.6 27.3 3.8
14 Saudi Arabia 225.14 2.1 1,786.58 1.7 163.07 1.4 1,592.75 1.5 -27.6 -10.8
15 Germany 191.56 1.8 1,872.04 1.8 157.67 1.3 1,875.45 1.8 -17.7 0.2
16 Brazil 130.93 1.2 1,109.40 1.1 150.91 1.3 1,655.21 1.5 15.3 49.2
17 United Arab Emirates 181.86 1.7 1,249.71 1.2 143.99 1.2 1,226.03 1.1 -20.8 -1.9
18 Canada 53.07 0.5 758.22 0.7 117.30 1.0 764.42 0.7 121.0 0.8
19 Italy 64.23 0.6 775.88 0.7 93.01 0.8 847.60 0.8 44.8 9.2
20 France 75.15 0.7 905.39 0.9 70.77 0.6 914.85 0.9 -5.8 1.0
21 Others 859.30 8.0 8,132.87 7.7 989.07 8.3 8,254.21 7.7 15.1 1.5

p - preliminary
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 16. Philippine Import Statistics for Selected Economic Blocs: October 2023 and 2024 p
(FOB Value in million USD)

Annual Growth Rate

2023 2024
(%)

Economic Bloc Percent Percent Percent Percent

October Share Jan-Oct Share October p Share Jan-Oct p Share Current Cumulative
(%) (%) (%) (%)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Total Imports 10,759.41 105,246.18 11,964.59 107,048.28 11.2 1.7

1 Asia-Pacific Economic Cooperation (APEC) 1/ 9,037.09 84.0 89,155.28 84.7 10,186.84 85.1 90,388.24 84.4 12.7 1.4
2 Regional Comprehensive Economic Partnership (RCEP) 2/ 7,740.35 71.9 74,970.43 71.2 8,705.18 72.8 77,026.86 72.0 12.5 2.7
3 East Asia 3/ 4,675.63 43.5 46,033.43 43.7 5,540.79 46.3 48,906.08 45.7 18.5 6.2
4 Association of Southeast Asian Nations (ASEAN) 4/ 3,233.41 30.1 31,456.42 29.9 3,446.85 28.8 30,436.59 28.4 6.6 -3.2
5 European Union (EU) 5/ 592.72 5.5 6,393.38 6.1 622.07 5.2 6,330.98 5.9 5.0 -1.0
6 Rest of the World 6/ 1,107.75 10.3 9,428.27 9.0 1,101.44 9.2 9,990.67 9.3 -0.6 6.0

1/ - includes Australia, Brunei Darussalam, Canada, Chile, Chinese Taipei, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, People’s Republic of China, Peru, Republic of Korea, Russia, Singapore, Thailand, United States of
America, andAustralia,
2/ - includes Vietnam Brunei Darussalam, Cambodia, Indonesia, Japan, Lao People's Democratic Republic, Malaysia, Myanmar, New Zealand, People's Republic of China, Republic of Korea, Singapore, Thailand, and Vietnam
3/ - includes Hong Kong, Japan, Macau, Mongolia, People’s Republic of China, Republic of Korea, and Republic of China (Taiwan)
4/ - includes Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Singapore, Thailand, and Vietnam
5/ - includes Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain,
and Sweden all countries not included in the economic bloc
6/ - includes
p - preliminary
Note: Details do not add up to total due to some countries which are in multiple economic blocs.
Source: Philippine Statistics Authority
 Table 17. Balance of Trade by Major Trading Partner: October 2024 p
(FOB Value in million USD)

Total Trade p Imports p Exports p Balance of Trade in Goods p

Countries
(1) (2) (3) (4)

Total 18,126.31 11,964.59 6,161.72 -5,802.86

1 People's Republic of China 3,920.39 3,066.87 853.52 -2,213.35

2 Japan 1,867.78 926.80 940.98 14.18
3 United States of America 1,749.42 754.16 995.26 241.10
4 Republic of Korea 1,283.15 989.72 293.43 -696.30
5 Indonesia 1,148.06 1,013.15 134.91 -878.25
6 Thailand 1,048.93 743.97 304.96 -439.02
7 Singapore 815.54 528.73 286.81 -241.92
8 Hong Kong 757.06 164.83 592.23 427.40
9 Malaysia 707.22 501.19 206.03 -295.15
10 Vietnam 705.66 550.85 154.81 -396.04
11 Republic of China (Taiwan) 571.42 389.18 182.24 -206.93
12 Germany 347.04 157.67 189.38 31.71
13 India 309.19 208.32 100.87 -107.45
14 Australia 303.10 241.03 62.07 -178.96
15 Netherlands 295.03 52.11 242.92 190.81
16 Canada 185.04 117.30 67.74 -49.57
17 United Arab Emirates 178.90 143.99 34.91 -109.09
18 Saudi Arabia 174.82 163.07 11.75 -151.32
19 Brazil 168.14 150.91 17.22 -133.69
20 Mexico 136.51 60.58 75.94 15.36
21 Others 1,453.91 1,040.15 413.76 -626.40

p - preliminary
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
 Table 18. Balance of Trade for Selected Economic Blocs: October 2024 p
(FOB Value in million USD)

Total Trade p Imports p Exports p Balance of Trade in Goods p

Economic Bloc
(1) (2) (3) (4)

Total 18,126.31 11,964.59 6,161.72 -5,802.86

1 Asia-Pacific Economic Cooperation (APEC) 1/ 15,359.85 10,186.84 5,173.01 -5,013.83

2 Regional Comprehensive Economic Partnership (RCEP) 2/ 11,958.48 8,705.18 3,253.30 -5,451.89
3 East Asia 3/ 8,404.29 5,540.79 2,863.50 -2,677.28
4 Association of Southeast Asian Nations (ASEAN) 4/ 4,542.07 3,446.85 1,095.22 -2,351.63
5 European Union (EU) 5/ 1,231.50 622.07 609.43 -12.65
6 Rest of the World 6/ 1,472.70 1,101.44 371.26 -730.19

1/ - includes Australia, Brunei Darussalam, Canada, Chile, Chinese Taipei, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, People’s Republic of China, Peru, Republic of Korea, Russia, Singapore,
Thailand, United States of America, and Vietnam
2/ - includes Australia, Brunei Darussalam, Cambodia, Indonesia, Japan, Lao People's Democratic Republic, Malaysia, Myanmar, New Zealand, People's Republic of China, Republic of Korea, Singapore, Thailand, and Vietnam
3/ - includes Hong Kong, Japan, Macau, Mongolia, People’s Republic of China, Republic of Korea, and Republic of China (Taiwan)
4/ - includes Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Singapore, Thailand, and Vietnam
5/ - includes Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania,
Slovakia, Slovenia, Spain, and Sweden
6/ - includes all countries not included in the economic bloc
p - preliminary
Note: Details do not add up to total due to some countries which are in multiple economic blocs.
Source: Philippine Statistics Authority
 Table 19. Philippine Total Trade, Exports, Imports, and Balance of Trade in G
(FOB Value in million USD

Total Trade Exports to

Geographic Regions Percent

October 2023 October 2024p October 2023 Share
(%)

Total 17,277.84 18,126.31 6,518.43 100.0

1 East Asia 1/ 7,848.87 8,404.29 3,173.24 48.7

2 Southeast Asia 2/ 4,270.42 4,542.14 1,037.00 15.9
3 Northern America 3/ 1,881.78 1,934.46 1,115.89 17.1
4 Western Europe 4/ 1,001.28 886.64 600.23 9.2
5 Western Asia 5/ 730.47 563.33 82.55 1.3
6 Southern Asia 6/ 265.66 361.64 103.56 1.6
7 Australia and New Zealand 7/ 332.82 346.39 51.70 0.8
8 Northern Europe 8/ 199.58 245.97 71.22 1.1
9 South America 9/ 224.16 237.65 37.33 0.6
10 Southern Europe 10/ 171.92 202.56 47.25 0.7
11 Central America 11/ 151.74 149.15 89.14 1.4
12 Eastern Europe 12/ 106.59 102.89 73.84 1.1
13 Melanesia 13/ 39.00 42.76 2.59 0.0
14 Middle Africa 14/ 1.37 30.20 0.57 0.0
15 Caribbean 15/ 8.92 20.30 5.94 0.1
16 Rest of the World (ROW) 16/ 43.28 55.95 26.40 0.4

1/ - includes Hong Kong, Japan, Macau, Mongolia, People’s Republic of China, Republic of Korea, and Republic of China (Taiwan)
2/ - includes Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Singapore, Thailand, Timor-L
3/ - includes Alaska, Bermuda, Canada, Greenland, Saint Pierre and Miquelon, and United States of America
4/ - includes Austria, Belgium, France, Germany, Liechtenstein, Luxembourg, Monaco, Netherlands, Netherlands Antilles, and Switzerland
5/ - includes Armenia, Azerbaijan, Bahrain, Cyprus, Georgia, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, State of Pale
6/ - includes Afghanistan, Bangladesh, Bhutan, India, Iran (Islamic Republic of), Maldives, Nepal, Pakistan, and Sri Lanka
7/ - includes Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, New Zealand, and Norfolk Island
8/ - includes Åland Islands, Channel Islands, Denmark, Estonia, Faeroe Islands, Finland, Iceland, Ireland, Latvia, Lithuania, Norway, Svalbard
9/ - includes Argentina, Bolivia (Plurinational State of), Bouvet Island, Brazil, Chile, Colombia, Ecuador, Falkland Islands (Malvinas), French G
Venezuela (Bolivarian
10/ - includes Albania, Republic
Andorra, of)
Bosnia and Herzegovina, Croatia, Gibraltar, Greece, Holy See, Italy, Malta, Montenegro, North Macedonia, P
11/ - includes Belize, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, and Panama Canal Zone
12/ - includes Belarus, Bulgaria, Czechia, Hungary, Poland, Republic of Moldova, Romania, Russian Federation, Slovakia, and Ukraine
13/ - includes Fiji, New Caledonia, Papua New Guinea, Solomon Islands, and Vanuatu
14/ - includes Angola, Cameroon, Central African Republic, Chad, Congo, Democratic Republic of the Congo, Equatorial Guinea, Gabon, Sao
15/ - includes Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Bonaire, Sint Eustatius and Saba, British Virgin Islands, Cayman Is
Montserrat, Puerto
16/ - includes Rico,
all other Saint Barthélemy,
countries Saint
not included Kitts
in the and Nevis,
geographic Saint Lucia, Saint Martin, Saint Martin (French Part), Saint Vincent and the
regions
Islands.
0.0 - percent share is less than 0.05 but not equal to zero
p - preliminary
Note: Details may not add up to total due to rounding.
Source: Philippine Statistics Authority
orts, and Balance of Trade in Goods by Geographic Region: October 2023 and 2024 p
(FOB Value in million USD)

Exports to Imports from Balance of Trade in Goods

Percent Percent Percent
October 2024p Share October 2023 Share October 2024p Share October 2023
(%) (%) (%)

6,161.72 100.0 10,759.41 100.0 11,964.59 100.0 -4,240.99

2,863.50 46.5 4,675.63 43.5 5,540.79 46.3 -1,502.39

1,095.29 17.8 3,233.41 30.1 3,446.85 28.8 -2,196.41
1,063.00 17.3 765.89 7.1 871.46 7.3 350.00
523.35 8.5 401.05 3.7 363.29 3.0 199.18
76.82 1.2 647.92 6.0 486.52 4.1 -565.37
114.65 1.9 162.11 1.5 246.99 2.1 -58.55
71.44 1.2 281.12 2.6 274.95 2.3 -229.42
78.81 1.3 128.36 1.2 167.15 1.4 -57.14
39.53 0.6 186.82 1.7 198.12 1.7 -149.49
40.67 0.7 124.68 1.2 161.89 1.4 -77.43
85.37 1.4 62.60 0.6 63.79 0.5 26.53
67.29 1.1 32.75 0.3 35.59 0.3 41.10
2.60 0.0 36.41 0.3 40.16 0.3 -33.82
1.87 0.0 0.80 0.0 28.33 0.2 -0.23
14.96 0.2 2.98 0.0 5.34 0.0 2.96
22.58 0.4 16.88 0.2 33.37 0.3 9.51

epublic of China (Taiwan)

anmar, Singapore, Thailand, Timor-Leste, and Vietnam

erlands Antilles, and Switzerland

, Qatar, Saudi Arabia, State of Palestine, Syrian Arab Republic, Turkey, United Arab Emirates, and Yemen
, and Sri Lanka
w Zealand, and Norfolk Island
Latvia, Lithuania, Norway, Svalbard and Jan Mayen, Sweden, UK of Great Britain and N. Ireland
lkland Islands (Malvinas), French Guiana, Guyana, Paraguay, Peru, South Georgia and the South Sandwich Islands, Suriname, Uruguay, and
a, Montenegro, North Macedonia, Portugal, San Marino, Serbia, Slovenia, and Spain
anama Canal Zone
ration, Slovakia, and Ukraine

ngo, Equatorial Guinea, Gabon, Sao Tome and Principe, and Zaire (Democratic Republic Of Congo)
ba, British Virgin Islands, Cayman Islands, Cuba, Curaçao, Dominica, Dominican Republic, Grenada, Guadeloupe, Haiti, Jamaica, Martinique,
French Part), Saint Vincent and the Grenadines, Saint Maarten (Dutch part), Trinidad and Tobago, Turks and Caicos Islands, and United States Virgin
lance of Trade in Goods

October 2024p

-5,802.86

-2,677.28
-2,351.56
191.54
160.06
-409.70
-132.34
-203.51
-88.34
-158.60
-121.22
21.58
31.70
-37.56
-26.47
9.62
-10.79

Suriname, Uruguay, and

ti, Jamaica, Martinique,

lands, and United States Virgin