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Philippines Import Data

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Philippines Import Data

Philippines is one of the world’s largest archipelago nations located in South Asia in the Western Pacific Ocean. The country is world’s 36th largest economy with good potential for trade.

The Philippines has a youthful and vibrant consumer market with strong growth potential. There is always a mindset for most consumers of Philippines that imported products are good and will last longer. Most of the young consumers are attracted to global brands.

As per Philippines Import Data, in 2021 more than 60.2% were imported goods. In the same year the country imported $6.54B goods resulting in a negative trade balance with exports for the year being $6.54B.

According to Philippines Customs Data the main imports of the country are electronic products, mineral fuels, and transport equipment. The main import partners are China, Japan, Korea Rep, United States and Indonesia.

Our Philippines Import Trade Data is based on the customs shipping bill documents, Bill of entries which provide the most authenticate and accurate information. Imports Globals Philippines Import Shipment Data helps the importers to identify the global suppliers of the particular product which they want to import along with its price, quantity and all other required details.


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What Information Contain In Philippines Customs Data


Name of Importers

Name of Importers

List of companies who purchased the goods.
Address of Importers

Address of Importers

Address of importing company with details of location where goods arrived.
Name of the Exporters

Name of the Exporters

List of exporters with names.
Address of the Exporters

Address of the Exporters

Address of exporting company with details of location.
Hs Code

Hs Code

Harmonized Commodity Description and Coding System (HS Code) of tariff nomenclature is a international standardized system of names and numbers.
Product Description

Product Description

Detailed description of product of particular HS code as per recorded shipping or invoice bill.
Quantity

Quantity

Quantity of materials exported in different units.
Destination Country

Destination Country

Country where the product is exported.
Country of Origin

Country of Origin

Country of manufacture, production or growth where the product is exported from.
Date of Shipment

Date of Shipment

Shipment date as on the date of filling shipment/bill of lading at the time of custom clearance.

Philippines Import Customs Trade Data Shows Top 10 Importing Products In 2019 – Analysis By Chapter

  • 25% - Electrical machinery, equipment value of US$ 31.1 billion
  • 12.4% -Mineral fuels including oil with a value of US$15.5 billion
  • 9.5% - Machinery including computers with a value of US$11.8 billion
  • 5.6% -Vehicles with a value of US$7 billion
  • 3.9% -Iron and steel with a value of US$4.9 billion
  • 3.5% Plastics, plastic articles with a value of US$4.4 billion
  • 2.8% Cereals with a value of US$ 3.4 billion
  • 3% - Pharmaceuticals with a value of US$3.7 billion
  • 2.6% -optical, technical, medical apparatus value of US$2.6 billion
  • 1.9% -Articles or iron and steel with a value of US$2.3 billion

Philippines Import Global Trade Data Shows Top 10
Trading Partners of Philippines

  • China with a share of 23.1% (20.9 billion US$)
  • Japan with a share of 9.6% (8.7 billion US$)
  • South Korea with a share of 7.7% (7.0 billion US$)
  • United States with a share of 7.9% (7.1 billion US$)
  • Indonesia with a share of 6.5% (5.8 billion US $)
  • Thailand with a share of 5.5% (4.9 billion US$)
  • Singapore with a share of 6.2% (5.6 billion US$)
  • Taipei, Chinese with a share of 5.3% (4.8 billion US$)
  • Malaysia with a share of 4.4% (4.0 billion US$)
  • Vietnam with a share of 3.4% (3.1 billion US$)

Philippines Import Data Sample

Benefits Of Philippines Import Data

1. TRACK YOUR COMPETITIORS: It is vitally important to know who your competitor is and how they are performing. With the help of Philippines import trade data you can track your competitor shipments. To succeed in your respected industry, you need to understand who you’re up against. With the help of Philippines import custom statistics data you can keep ‘eye wide open’ on each and every activity of your competitor.

2. EMERGING MARKET TREND: If you treat your market research as an ongoing exercise that you do periodically, you’ll find that you’ll have a lot of database to be able to analyses your customers and establish any particular trends. Philippines import customs trade data are using by all Large, Medium & Small companies for more efficient Market analysis.

3. MINIMIZE ANY INVESTMENT RISK: For any business, it is very important to reduce any risk and minimize investment where possible to maximize their profit. By using Philippines import data you can find easily which leads convert at a higher rate for a lower cost and you can cut out unnecessary spending.

4. KNOW YOUR CURRENT & POTENTIAL CLIENT: You will have all the details about your current and potential clients through Philippines import trade data, Philippines import customs data works as a fuel to your business and its success on many levels. These are the people who purchase and repurchase your product or service and are also the people who are recommending it to other potential future customers.

5. FIND ACTIVE/LIVE BUYERS & SUPPLIERS: Philippines import data is based on actual shipping bill documents. You will get active importers & exporters of your product with Philippines import trade data. This is Philippines import customs data it gives you result of most recent shipments globally.

6. FIND MORE LEADS: Philippines import database allows you to gain insights in a relatively short amount of time, while your team can spend time on other things. You can directly reach to Buyers/Suppliers of your product and generate leads easily with the help of Philippines import shipment data.

7.UNDERSTAND YOUR COMPETITION: A businesses competition can easily overtake them if they aren’t careful and do not pay attention to competitor’s actions. However, if the business were to monitor what their competition are doing they can make attempts to counter them more effectively. Through Philippines import data you can understand the active competition & threats in the market.

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We Import Globals provides you a platform to reach direct suppliers & buyers of your product. You can check by using our Philippines import trade statistics data out all trade activities between Philippines and other countries. We have recorded more than 80 million of shipment records from over 8 million businesses in 18 countries.

We have established top leading name in the market by serving more than 5000 clients and they are highly satisfied with our services.

Use right way to grow your business by using Import Globals Philippines customs data

Our Expert team will be happy to provide you solution on your business through Global trade data.

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