Philippines vs USA: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

PhilippinesMetricUSA
$95.36BTotal exports$1.90T
$143.41BTotal imports$2.98T
$-48.04BTrade balance$-1.08T
$238.77BTotal trade volume$4.87T
#43Global export rank#2
#34Global import rank#1

Direct trade between Philippines and USA

PhilippinesUSA
$13.22B
USAPhilippines
$8.48B

Philippines top exports

  • n.e.c. in heading no. 8542$13.16B
  • processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$8.83B
  • storage units$3.14B
  • ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships$3.02B
  • gold, non-monetary, unwrought (but not powder)$2.48B

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

Shared top trade partners

Both countries appear as major export destinations for 6 of the same partners:

ChinaGermanyJapanNetherlandsRep. of KoreaSingapore