Philippines
Total Trade Compared to the same month a year ago
Compared to last month
Total Exports Compared to the same month a year ago
Compared to last month
Total Imports Compared to the same month a year ago
Compared to last month
RankAmong U.S. trading partners this month
Rank 2023 this month
Philippines’s total trade with the United States was $1.67 billion in January, a change of -12.28 percent from the same month one year ago. The change in exports was -20.52 percent and the change in imports was -5.95 percent. Philippines ranked No. 35 among U.S. trade partners in January. It had ranked No. 33 for the same month last year.
The top three U.S. exports by value in January were Computer chips, (2) Flour, meal of oil seed, olea fruit, and (3) Soybean oilcake. The top three U.S. imports from Philippines, also by value, were Insulated wire, cable, (2) Computer chips, and (3) Computers. By tonnage, the top three U.S. exports were (1) Flour, meal of oil seed, olea fruit, (2) Soybean oilcake, and (3) Wheat. The top three U.S. imports, also by tonnage, were (1) Coconut, palm oil, (2) Sweetened waters, and (3) Rubber tires.