What is the Philippines biggest export?

Searchable List of Philippines’ Most Valuable Export Products

Does the Philippines export more than it imports?

Philippines is currently our 31st largest goods trading partner with $18.9 billion in total (two way) goods trade during 2020. Goods exports totaled $7.7 billion; goods imports totaled $11.1 billion.

How much does the Philippines export?

In 2019, Philippines exported a total of $86.6B, making it the number 39 exporter in the world. During the last five reported years the exports of Philippines have changed by $9.49B from $77.1B in 2014 to $86.6B in 2019.

Is the Philippine market efficient?

The Philippines has one of the fastest economic growth in the region in recent years. The World Bank has identified the economy as one of the top growth performers in East Asia, driven by strong exports, robust domestic consumption and infrastructure expenditures.

What does the US trade with the Philippines?

Key U.S. exports to the Philippines are agriculture goods, machinery, cereals, raw and semi-processed materials for the manufacture of semiconductors, electronics, and transport equipment. The two countries have a bilateral Trade and Investment Framework Agreement, signed in 1989, and a tax treaty.

How strong is Philippine economy based on our GDP?

The economy of the Philippines is the world’s 34th largest economy by nominal GDP according to the International Monetary Fund 2021 and the 12th largest economy in Asia, and the 3rd largest economy in the ASEAN after Indonesia and Thailand.

What country exports the least?

10 National Economies Least Dependent On Exports

What country exports the most food?

Largest Food Exports By Country