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Trade between the Philippines and the United States

In 2024, the Philippines exported $14.2 billion to the United States and imported $8.8 billion. The Philippines ran a surplus of $5.3 billion with the United States, compared with a surplus of $4.9 billion in 2019. The United States was the Philippines’ 2nd largest trading partner (10% of its trade), and the Philippines was the United States’ 34th (0.5%).

Summary

Philippines → United States
$14.2billion
United States → Philippines
$8.8billion
The Philippines’ balance
$5.3billion

Balance

The Philippines’ trade balance with the United States

Trade between the Philippines and the United States grew 85% since 1995

USD billions (current). The Philippines’ exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 14.2
  • Imports 8.8
  • Balance +5.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$7.3 billion$5.2 billion$2.1 billion
1996$10.3 billion$5 billion$5.3 billion
1997$10.9 billion$5.1 billion$5.8 billion
1998$12.4 billion$4 billion$8.4 billion
1999$12.9 billion$3.7 billion$9.2 billion
2000$14.5 billion$3.9 billion$10.7 billion
2001$11.6 billion$3.3 billion$8.3 billion
2002$11.5 billion$3.1 billion$8.4 billion
2003$10.7 billion$3.1 billion$7.6 billion
2004$9.7 billion$2.7 billion$7.1 billion
2005$10 billion$2.8 billion$7.2 billion
2006$10.3 billion$4.3 billion$6 billion
2007$10.8 billion$5.4 billion$5.5 billion
2008$9.7 billion$6.5 billion$3.2 billion
2009$7.2 billion$5.6 billion$1.6 billion
2010$8.3 billion$6.5 billion$1.8 billion
2011$9.5 billion$5.3 billion$4.3 billion
2012$10.2 billion$7.8 billion$2.4 billion
2013$9.6 billion$7.6 billion$2 billion
2014$10 billion$6.5 billion$3.5 billion
2015$9.3 billion$5.8 billion$3.4 billion
2016$10.7 billion$7.7 billion$3 billion
2017$13.6 billion$8.4 billion$5.2 billion
2018$14.6 billion$8.5 billion$6.2 billion
2019$13.2 billion$8.3 billion$4.9 billion
2020$11.3 billion$7.4 billion$3.9 billion
2021$14.3 billion$8.4 billion$6 billion
2022$15.5 billion$9.5 billion$6 billion
2023$13.2 billion$8.9 billion$4.3 billion
2024$14.2 billion$8.8 billion$5.3 billion

What they sell each other

What the Philippines sells to the United States

The top 10 headings in 2024, with their share of the total.

  1. Computer and office machine parts$2.6 billion · 18.7%
    24 thousand tonnes
  2. Cables and wire$1.1 billion · 7.8%
    46 thousand tonnes · the Philippines’ destinations
  3. Microchips$989 million · 7%
    442 tonnes · the Philippines’ destinations
  4. Discs and storage media$923 million · 6.5%
    907 tonnes
  5. Cameras and broadcast equipment$831 million · 5.9%
    9 thousand tonnes
  6. Transformers and power supplies$648 million · 4.6%
    19 thousand tonnes
  7. Coconut and palm kernel oil$625 million · 4.4%
    418 thousand tonnes
  8. Bags, suitcases and cases$476 million · 3.4%
    18 thousand tonnes
  9. New tires$290 million · 2%
    54 thousand tonnes · the United States’ sources
  10. Aircraft parts$190 million · 1.3%
    392 tonnes

What the United States sells to the Philippines

The top 10 headings in 2024, with their share of the total.

  1. Microchips$1.7 billion · 19%
    840 tonnes · the United States’ destinations
  2. Soybean meal and pellets$1.3 billion · 15%
    2.3 million tonnes · the United States’ destinations
  3. Wheat$861 million · 9.7%
    2.8 million tonnes · the United States’ destinations
  4. Electrical test instruments$278 million · 3.1%
    339 tonnes
  5. Powdered and condensed milk$240 million · 2.7%
    84 thousand tonnes · the United States’ destinations
  6. Cameras and broadcast equipment$210 million · 2.4%
    373 tonnes
  7. Ethyl alcohol (ethanol)$188 million · 2.1%
    291 thousand tonnes · the United States’ destinations
  8. Poultry meat$171 million · 1.9%
    164 thousand tonnes · the United States’ destinations
  9. Diodes, transistors and solar cells$138 million · 1.6%
    246 tonnes
  10. Airplanes and helicopters$125 million · 1.4%
    188 tonnes · the United States’ destinations

How it travels

Estimated sea route from Manila to Los Angeles.

The estimated sea route between Manila and Los Angeles is 6,870 nautical miles (12,723 km) long: ≈ 16–20.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$11.1 billion · 48.1%
  2. Air$12 billion · 51.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United States was the Philippines’ 2nd largest trading partner (10% of its trade), and the Philippines was the United States’ 34th (0.5%).

The United States in the Philippines’ trade
9.7%
The United States’ rank among the Philippines’ partners
2nd
The Philippines in the United States’ trade
0.5%
The Philippines’ rank among the United States’ partners
34th

Compare with

Other partners of the Philippines

Other partners of the United States

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.