All about Philippines Export Import Data 2023

Philippines is a member of WTO and enjoys many trade preferences with the EU. Philippines relies heavily on international trade and trade openness and foreign portfolio flow have contributed to the higher per capital GDP growth in the country.

As per the Philippines Customs Data, the major types of goods, imports of raw materials and intermediate goods accounted for the largest share of total imports amounting to USD 3.71 billion in 2022.

The imports of the goods ranked second with a share of USD 2.88 billion followed by consumer goods with USD 1.88 billion.

All about Philippines Imports

 If you are planning to import good in Philippines it is imperative you get the gist of data that will help you in making informed decisions on from which countries you can import goods in a cost-effective manner, competitor’s, HS code and more.

As per Philippines Import Data, the businesses can get real-time and accurate information of authentic Philippines customs import data, HS code, item descriptions, date of consignment, destination country and shipment mode, competitor’s name and address and price details.

The details of import data will help all the importers to do business with efficiency and accuracy. Also, they can do an analysis of their competitors, duty prices and find new buyers and suppliers. The main imports of the country are electronic products, mineral fuels, and transport equipments. The import partners are United States, China, Hong Kong, and Singapore.

All about Philippines Export

Businesses that are planning to export goods to Philippines will get key details from the Philippines Export Data, thus helping them in making informed business decisions. The authentic, accurate and real-time export data of Philippines contains details of Philippines customs export data, HS code, item descriptions, consignment data, destination country, shipment mode, competitor’s name and address along with price information.

The export data will help the exporters from all across the globe to do the business with accuracy and efficiency. They can also do a thorough analysis of their competitors, duty prices, and located new suppliers and buyers. The main exports of Philippines are integrated circuits, office machine parts, electrical transformers, insulated wire, furniture and woodcrafts. The main export partners of Philippines are United States, Japan, China, Hong Kong and Singapore.

Wrap up

The real time Philippines import export data from a professional data provider helps the importers and exporters to plan their business moves accordingly with great accuracy and perfection.

Importance of Philippines Import Export in trade Data Business

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