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How dependent is the Philippines on China?

In 2024, China sold $37.3 billion to the Philippines, 26.9% of its imports, ranking 1st among its suppliers. Its share was 23% in 2019 and 4.1% in 1995. In 319 products it sells more than 50% of what the Philippines buys of them (in 129, more than 75%); what the Philippines buys from China in those products (dominated value) adds up to $18 billion, 13% of its imports.

Summary

Share of its imports
26.9%
Value imported
$37.3billion
Rank among its suppliers
1st
Products where it sells over 50%
319
Products where it sells over 75%
129
Dominated value
$18billion
Share of total imports
13%

Trend

Trend in shares

China went from 4.1% to 26.9% of what the Philippines buys

Share (%)

  • China 26.9%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19951,0294.1%6
19969092.6%11
19971,3523.4%9
19981,5094.9%6
19991,4354.5%6
20001,0593%10
20011,2923.8%7
20021,6364.8%7
20032,2306%6
20043,2697.7%4
20053,6158.1%4
20064,3778.3%4
20074,9928.2%4
20085,8578.8%4
20095,65510.8%2
20106,79510.3%2
20118,52813.1%1
20129,90713.1%1
201311,58615%1
201413,24916.7%1
201515,51920%1
201618,89020%1
201722,05520.2%1
201824,29820.5%1
201927,93223%1
202025,02124.6%1
202130,63424.2%1
202233,23722.1%1
202332,11223.7%1
202437,28226.9%1

Products where China sells more than half

ProductSupplierShareSecondValue
Coated flat steelChina63.7%Japan · 26.4%$654 million
ComputersChina63.7%Singapore · 11.6%$636 million
Printed circuit boardsChina50.6%Japan · 19.3%$595 million
Bags, suitcases and casesChina80.5%over 75%Italy · 5%$503 million
Phones and telecom equipmentChina78.8%over 75%South Korea · 11.9%$477 million
Steel structuresChina76.1%over 75%Vietnam · 6%$469 million
Transformers and power suppliesChina55.3%Japan · 8.2%$466 million
FurnitureChina78.8%over 75%Malaysia · 8.2%$457 million
Steel sheet pilingChina98.6%over 75%Japan · 0.9%$446 million
Ceramic tilesChina81.6%over 75%Vietnam · 7.6%$423 million
Hot-rolled flat steelChina78.4%over 75%South Korea · 7.7%$356 million
Monitors and projectorsChina58.7%Vietnam · 17.1%$320 million
Plastic sheets and filmChina52.8%South Korea · 10.1%$305 million
Refrigerators, freezers and heat pumpsChina57.1%Thailand · 13%$287 million
Parts for broadcast equipmentChina65.5%Japan · 23.1%$274 million
Toilet paper and tissuesChina80.2%over 75%Thailand · 11%$266 million
Steel angles and sectionsChina89.6%over 75%Thailand · 5.5%$248 million
Lamps and light fittingsChina86.9%over 75%United States · 2.3%$244 million
Synthetic filament fabricChina79.2%over 75%Taiwan · 7.3%$224 million
Apples and pearsChina93.9%over 75%South Africa · 2.8%$223 million
Mixed fertilizersChina75.1%over 75%South Korea · 7.9%$216 million
Bulldozers and excavatorsChina52.2%Japan · 21.8%$214 million
Other iron or steel articlesChina50.5%Japan · 16%$213 million
Air pumps, compressors and fansChina57%Japan · 9.4%$206 million
Electric heaters and hair dryersChina61.8%Malaysia · 11.5%$205 million
Welded steel pipesChina86%over 75%Sweden · 2.8%$197 million
Microphones and speakersChina71.4%Malaysia · 6.3%$193 million
Other electrical devicesChina65.1%Japan · 8.1%$187 million
Steel wire rodChina75.2%over 75%Indonesia · 16.3%$181 million
Seats and chairsChina62.9%United States · 11.9%$178 million

and 289 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

The Philippines is China’s 27th-largest customer, with 1% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.