Countries

The Philippines: trade by HS code

  • US$96bnExports 2024
  • US$142bnImports 2024
  • 4,075HS6 · Exports

The Philippines exported goods worth US$96bn and imported US$142bn in 2024, in 4,075 and 5,212 different six-digit products.

Its main exports were other electronic integrated circuits (8542.39), processors and controllers (ICs) (8542.31) and computer storage units (8471.70).

Its largest customer was China and its largest supplier China.

In the 12 months to August 2026, the UK imported goods worth £1.3bn from the Philippines (-32% on the year before), above all semi-manufactured gold (non-monetary), computer storage units and network switching and routing equipment, and exported £558.8m to it.

Under DCTS Enhanced, 82% of the UK tariff lines are duty-free for goods from the Philippines that meet the rules of origin.

Philippines and the UK

UK imports£1.3bn-32% · last 12 months
UK exports£558.8m+2% · last 12 months
Duty-free access to the UK82%share of tariff lines at 0% under a preference

Agreement or scheme: DCTS Enhanced

What the UK imports from Philippines

  1. 7108.13Semi-manufactured gold (non-monetary)£487.7m
  2. 8471.70Computer storage units£66.3m
  3. 8517.62Network switching and routing equipment£59.8m
  4. 8473.30Computer parts and accessories£58.1m
  5. 8542.39Other electronic integrated circuits£49.8m
  6. 8504.40Static converters (inverters, chargers)£41.3m
  7. 8523.51Solid-state storage (flash drives, memory cards)£26.5m
  8. 4706.93Obtained by a combination of mechanical and chemical processes£26.3m
  9. 8528.71TV receivers without screen (set-top boxes)£24.5m
  10. 2009.89Other single fruit/vegetable juices£24.5m

Data up to August 2026 (provisional) · HMRC

Philippines and the EU

EU imports€11.3bn+19% · last 12 months
EU exports€8.4bn+14% · last 12 months
Duty-free access to the EU84%share of tariff lines at 0% under a preference

Agreement or scheme: GSP+ (incentive arrangement for sustainable development and good governance)

What the EU imports from Philippines

  1. 8471.70Computer storage units€1.6bn
  2. 8542.39Other electronic integrated circuits€1.5bn
  3. 8473.30Computer parts and accessories€1.3bn
  4. 1513.11Crude coconut oil€1bn
  5. 8542.31Processors and controllers (ICs)€627.9m
  6. 8516.32Other electric hairdressing appliances€294.8m
  7. 8517.62Network switching and routing equipment€214.9m
  8. 8541.29Other transistors€213.6m
  9. 8504.40Static converters (inverters, chargers)€204.6m
  10. 8523.51Solid-state storage (flash drives, memory cards)€192.4m

Data up to August 2026 (provisional) · Eurostat Comext

Top exports

  1. 8542.39Other electronic integrated circuitsUS$13bn
  2. 8542.31Processors and controllers (ICs)US$7bn
  3. 8471.70Computer storage unitsUS$4bn
  4. 8473.30Computer parts and accessoriesUS$4bn
  5. 8544.30Vehicle wiring harnessesUS$3bn
  6. 7108.12Unwrought gold (non-monetary)US$2bn
  7. 2604.00Nickel ores and concentratesUS$2bn
  8. 8504.40Static converters (inverters, chargers)US$2bn
  9. 8523.51Solid-state storage (flash drives, memory cards)US$2bn
  10. 8532.24Multilayer ceramic capacitorsUS$2bn
  11. 8541.29Other transistorsUS$2bn
  12. 0803.90Bananas (other than plantains)US$1bn
  13. 7403.11Refined copper cathodesUS$1bn
  14. 8443.31Multifunction printers (print, copy, fax)US$1bn
  15. 8516.32Other electric hairdressing appliancesUS$1bn
  16. 8529.90Parts for TV, camera and display apparatusUS$1bn
  17. 2603.00Copper ores and concentratesUS$1bn
  18. 1513.11Crude coconut oilUS$1bn
  19. 8517.62Network switching and routing equipmentUS$1bn
  20. 8501.10Electric motors up to 37.5 WUS$997m

Top imports

  1. 8542.39Other electronic integrated circuitsUS$8bn
  2. 2709.00Crude oilUS$4bn
  3. 2701.19Other coalUS$3bn
  4. 1006.30Milled riceUS$2bn
  5. 1001.99Wheat and meslin (not seed, not durum)US$2bn
  6. 2603.00Copper ores and concentratesUS$2bn
  7. 8703.22Petrol cars, 1000-1500 ccUS$2bn
  8. 8542.31Processors and controllers (ICs)US$2bn
  9. 2304.00Soybean mealUS$2bn
  10. 8704.21Diesel trucks, GVW up to 5 tUS$2bn
  11. 8473.30Computer parts and accessoriesUS$2bn
  12. 8542.32Memory chipsUS$1bn
  13. 8802.40Aircraft over 15,000 kgUS$1bn
  14. 8517.13SmartphonesUS$1bn
  15. 2106.90Other food preparationsUS$1bn
  16. 8534.00Printed circuit boardsUS$1bn
  17. 8711.20Motorcycles 50-250 ccUS$1bn
  18. 3004.90Other medicines, dosed or for retail saleUS$1bn
  19. 8542.90Integrated circuit partsUS$1bn
  20. 1511.90Refined palm oil and fractionsUS$974m

Main buyers from Philippines

  1. China US$17bn
  2. United States US$14bn
  3. Hong Kong SAR China US$11bn
  4. Japan US$10bn
  5. South Korea US$4bn
  6. Germany US$4bn
  7. Singapore US$4bn
  8. Thailand US$3bn
  9. Mexico US$3bn
  10. Taiwan US$2bn

Main suppliers of Philippines

  1. China US$36bn
  2. Indonesia US$11bn
  3. Japan US$10bn
  4. United States US$8bn
  5. Thailand US$8bn
  6. South Korea US$6bn
  7. Vietnam US$6bn
  8. Singapore US$5bn
  9. Malaysia US$5bn
  10. Taiwan US$3bn

Questions and answers

What does the Philippines export most?

In 2024, its largest export at the six-digit level was other electronic integrated circuits (HS 8542.39), worth US$13bn.

Does the UK have a trade agreement with the Philippines?

Yes: goods from the Philippines can enter at preferential rates under DCTS Enhanced, duty-free on 82% of tariff lines, provided they meet the rules of origin and come with proof of origin.