Who did Philippines trade with?

Market Trade (US$ Mil) Partner share(%)
United States 11,574 16.32
Japan 10,675 15.05
China 9,814 13.84
Hong Kong, China 9,625 13.57

Who were the primary trading partner of the Filipinos?

The main trade partners of the Philippines include China, Japan, the United States, Singapore and Hong Kong. The Philippines is the world 36th largest economy and the thirteenth largest economy in Asia.

Who does Philippines export to?

The top export destinations of the Philippines are Hong Kong ($13.9 billion), United States ($13.8 billion), China ($13.3 billion), Japan ($11.2 billion), and Singapore ($7.92 billion).

Which country does Philippines trade with the most?

The most common destination for the exports of Philippines are China ($13.6B), United States ($12.8B), Japan ($10.8B), Hong Kong ($9.97B), and Singapore ($6.39B).

What goods does the Philippines trade with other countries?

Main exports included electronic integrated circuits and microassemblies (30.9%), automatic data processing machines and units (5.9%), wires and cables (3.7%), printing machinery (3.0%), and electrical transformers and static converters (2.8%); while imports are focused on electronic integrated circuits and …

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Who are the Philippines biggest trading partners?

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 11,574 16.32
Japan 10,675 15.05
China 9,814 13.84
Hong Kong, China 9,625 13.57

What 5 countries do we import the most from?

The United States imports half of its total volume from five countries: China, Canada, Mexico, Japan, and Germany. Although the United States can manufacture goods it imports, these exporting countries have the comparative advantage over it.

Is the Philippines a third world country?

The Philippines is historically a Third World country and currently a developing country. The GDP per capita is low, and the infant mortality rate is high.

Is Philippines richer than India?

China, Malaysia, India, Vietnam, Ethiopia and Uzbekistan are among the countries that made the list. But not the Philippines.

India And The Philippines Will Beat China Over The Next Decade.

Country GDP Per Capita GDP
India $2726.32 billion $2104.20
The Philippines $330.91 billion $3022
China $13608.15 billion $7755

What is the biggest export of Philippines?

Searchable List of Philippines’ Most Valuable Export Products

Rank Philippines’ Export Product Change
1 Integrated circuits/microassemblies +6.5%
2 Computers, optical readers -28.8%
3 Computer parts, accessories +55.9%
4 Insulated wire/cable -17.3%

What is the best trading platform in the Philippines?

10 best online stock brokers in the Philippines

  • COL FINANCIAL GROUP, INC.
  • UNICAPITAL SECURITIES, INC.
  • ABACUS Securities (MyTrade)
  • PHILSTOCKS FINANCIAL INC.
  • BPI SECURITIES CORPORATION.
  • UCPB SECURITIES, INC.
  • F. YAP SECURITIES, INC. ( 2TradeAsia)
  • BDO SECURITIES.

2.06.2021

What is Philippines known for?

The Philippines is known for having an abundance of beautiful beaches and delicious fruit. The collection of islands is located in Southeast Asia and was named after King Philip II of Spain. Here are 10 interesting facts about the Philippines.

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What does Philippines import most?

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%)

1.03.2021

Why did the US want the Philippines?

Americans who advocated annexation evinced a variety of motivations: desire for commercial opportunities in Asia, concern that the Filipinos were incapable of self-rule, and fear that if the United States did not take control of the islands, another power (such as Germany or Japan) might do so.

What does US export to Philippines?

The top export categories (2-digit HS) in 2019 were: electrical machinery ($2.7 billion), machinery ($764 million), cereals (wheat) ($731 million), oilseeds and oleaginous fruits (flour) ($583 million), and food waste, animal feed ($421 million).

How much money does the US give to the Philippines?

Between 2016 and 2019, the U.S. provided $554 million in military aid to the Philippines.

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