Philippines Imports  1957-2018 | Data | Chart | Calendar | Forecast | News

Imports to the Philippines increased 11 percent year-on-year to USD 9.68 billion in August of 2018, following a 31.6 percent surge in July. Purchases went up for most categories, including cereals and cereal preparations (68.4 pct); iron & steel (63.6 pct); mineral fuels, lubricant (42.3 pct); transport equipment (29.2 pct); plastics in primary and non-primary form (12.9 pct); electronic products 910 pct); miscellaneous manufactured articles (5 pt); and industrial machinery and equipment (4.4 pct). In contrast, imports dropped for other food and live animals (-1.4 pct). Imports from China, the Philippine’s biggest source of purchases, jumped 28.2 pct. Also, purchases grew from South Korea (14.8 pct); Thailand (23.8 pct); the US (2.6 pct); the ASEAN countries (3.6 pct); and the EU countries (26.7 pct). On the other hand, imports fell from Japan (-11.3 pct). Imports in Philippines averaged 1936501.54 USD Thousand from 1957 until 2018, reaching an all time high of 9676980 USD Thousand in August of 2018 and a record low of 37084.30 USD Thousand in February of 1963.

Philippines Imports
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-08 01:00 AM Imports YoY 24.2% 12.6%
2018-09-11 01:00 AM Imports YoY 31.6% 24.1%
2018-10-10 01:00 AM Imports YoY 11% 31.6%
2018-11-09 01:00 AM Imports YoY 11%
2018-12-11 01:00 AM Imports YoY


Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -3513488.31 -3546064.93 1144700.00 -3972222.17 USD Thousand [+]
Exports 6163490.00 5851324.67 6163490.00 23000.00 USD Thousand [+]
Imports 9676980.00 9397389.59 9676980.00 37084.30 USD Thousand [+]
Current Account -823.78 -1171.01 1810.97 -1455.03 USD Million [+]
Current Account to GDP -0.80 -0.40 5.80 -7.70 percent [+]
External Debt 73097.87 76621.97 79949.42 20893.00 USD Million [+]
Capital Flows 0.86 -1.71 93.66 -35.31 USD Million [+]
Remittances 2476000.00 2401000.00 2741425.00 64208.00 USD Thousand [+]
Tourist Arrivals 601322.00 528747.00 732506.00 63628.00 [+]
Gold Reserves 197.90 196.40 274.42 126.89 Tonnes [+]
Terrorism Index 7.13 7.10 7.27 5.78 [+]
Foreign Direct Investment 914.00 831.00 2256.00 -396.00 USD Million [+]
Crude Oil Production 15.00 15.00 38.00 1.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Philippines Imports

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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9676980.00 9397389.59 9676980.00 37084.30 1957 - 2018 USD Thousand Monthly




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