What is the largest export of the Philippines *?
According to data from the Philippine Statistics Authority (PSA), electronic exports continue to be the Philippines’ top exports with a 61.3\% share to total exports, growing at a hefty 22.3\%.
What is the main product of the Philippines?
Crop Production The Philippines’ major agricultural products include rice, coconuts, corn, sugarcane, bananas, pineapples, and mangoes.
What are the Philippines main 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).
What are the 10 top imports of the Philippines?
Top 10
- Electrical machinery, equipment: US$27 billion (23.9\% of total imports)
- Mineral fuels including oil: $13.6 billion (12\%)
- Machinery including computers: $12.5 billion (11.1\%)
- Vehicles: $8.5 billion (7.5\%)
- Iron, steel: $3.9 billion (3.5\%)
- Plastics, plastic articles: $3.7 billion (3.3\%)
- Cereals: $2.9 billion (2.6\%)
What does Philippines export to China?
| Philippines Exports to China | Value | Year |
|---|---|---|
| Edible fruits, nuts, peel of citrus fruit, melons | $810.29M | 2019 |
| Copper | $668.98M | 2019 |
| Mineral fuels, oils, distillation products | $499.53M | 2019 |
| Optical, photo, technical, medical apparatus | $297.12M | 2019 |
What type of economy is Philippines?
The Philippines is primarily considered a newly industrialized country, which has an economy in transition from one based on agriculture to one based more on services and manufacturing.
What are the livelihood in the Philippines?
Agriculture, which is made up of four sub-sectors (crops, livestock, poultry and fisheries), is the main source of livelihood for 25-30 percent of the labour force. It contributes about 10 percent to the gross national product.
What is the most in demand product in the Philippines?
Dumbbells. Interest in at-home workouts and fitness equipment has skyrocketed due to the pandemic, social distancing, and stay-at-home directives.
What products does Philippines export to Japan?
| Philippines Exports to Japan | Value | Year |
|---|---|---|
| Milling products, malt, starches, inlin, wheat gluten | $113.42K | 2020 |
| Cocoa and cocoa preparations | $104.68K | 2020 |
| Manmade staple fibers | $83.79K | 2020 |
| Tobacco and manufactures tobacco substitutes | $81.34K | 2020 |
What products does Philippines import from Japan?
| Philippines Imports from Japan | Value | Year |
|---|---|---|
| Iron and steel | $437.32M | 2020 |
| Optical, photo, technical, medical apparatus | $247.47M | 2020 |
| Organic chemicals | $176.96M | 2020 |
| Articles of iron or steel | $166.64M | 2020 |
What are the major imports and exports of the Philippines?
Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca .
What are the most import products of the Philippines?
Refined Petroleum. The Philippines has been experiencing delays in petroleum exploration and this has created a massive over-reliance on imported refined oil.
What products can I export from the Philippines?
Top 10 Philippine Exports For Small To Medium Scale Businesses Woodcrafts And Furniture. The Philippine’s woodraft and furniture products are probably the most unique exports we have. Agri-Food Products. Marine Food Products. Coconut Water And By-Products. Fish and Shellfish Products. Household Items. Clothing And Fashion Accessories. Natural Health Products. Processed Food And Drinks. Electronics And Gadgets.
What is the Philippines’ largest export?
Answer Wiki. Philippines’ largest export would easily be bananas while coconut oil is also a notable major export commodity from the Philippines.