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Philippines

Philippines ranked No. 31 in total trade value through March with a total of $5.08 billion. Exports totaled $2.11 billion and Imports totaled $2.97 billion, a deficit of $866.37 million.

January – March 2019

Top Trading Ports

Total Trade: $5.08 billion

RankPortTotal YTD
1Port of Los Angeles $926,751,205
2Anchorage International Airport, Alaska $586,555,055
3Los Angeles International Airport $419,895,078
4San Francisco International Airport, Calif. $294,999,496
5Port of Long Beach $267,439,883
6Dallas-Fort Worth International Airport, Texas $256,294,520
7Chicago O’Hare International Airport $197,658,071
8Port of Newark $171,348,115
9Port of Grays Harbor, Aberdeen, Wash. $153,255,151
10Port of Tacoma, Wash. $141,566,973

U.S. trade with Philippines rose to $5.08 billion through March

Philippines’s trade with the United States rose to $5.08 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.07 percent above its total trade during the same time period last year. Philippines’s exports increased 3.41 percent while imports fell 0.52 percent. The U.S. deficit with Philippines was $866.37 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Anchorage International Airport, Alaska; No. 3 Los Angeles International Airport; No. 4 San Francisco International Airport, Calif.; and No. 5 Port of Long Beach. During the same period the previous year, the top five were No. 1 Port of Los Angeles No. 2 Anchorage International Airport, Alaska No. 3 Los Angeles International Airport No. 4 Dallas-Fort Worth International Airport, Texas and No. 5 San Francisco International Airport, Calif.. In the current time period, the top five accounted for 49.13 percent of Philippines’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 13.44 percent to $926.75 million.
    Exports rose 18.23 percent to $163.15 million. Imports rose 12.46 percent to $763.61 million.
  • Trade with No. 2 Anchorage International Airport, Alaska rose 10.46 percent to $586.56 million.
    Exports rose 1.09 percent to $168.95 million. Imports rose 14.77 percent to $417.6 million.
  • Trade with No. 3 Los Angeles International Airport fell 1 percent to $419.9 million.
    Exports rose 55.99 percent to $102.84 million. Imports fell 11.49 percent to $317.05 million.
  • Trade with No. 4 San Francisco International Airport, Calif. rose 4.17 percent to $295 million.
    Exports rose 2.57 percent to $83.83 million. Imports rose 4.82 percent to $211.17 million.
  • Trade with No. 5 Port of Long Beach rose 1.78 percent to $267.44 million.
    Exports fell 14.45 percent to $113.25 million. Imports rose 18.25 percent to $154.19 million.

Philippines ranked No. 31 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 31.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Philippines by value through March were the categories of Computer chips; Flour, meal of oil seed, olea fruit; Wheat; Cell phones, related equipment; and Civilian aircraft, parts, respectively. They accounted for 44.48 percent of total exports to Philippines.

The value of the top five categories of U.S. imports from Philippines –– Computer parts; Computer chips; Insulated wire, cable; Unrecorded media for audio; and Power supplies, transformers –– accounted for 38.64 percent of all inbound shipments.

Looking more closely at U.S. exports to Philippines:

  • Computer chips fell 1.78 percent compared to last year to $461.8 million.
  • Flour, meal of oil seed, olea fruit rose 102.49 percent compared to last year to $161.82 million.
  • Wheat rose 23.8 percent compared to last year to $157.22 million.
  • Cell phones, related equipment rose 11.01 percent compared to last year to $83.85 million.
  • Civilian aircraft, parts rose 26.28 percent compared to last year to $72.4 million.

Looking more closely at U.S. imports from Philippines:

  • Computer parts rose 38.21 percent compared to last year to $366.96 million.
  • Computer chips fell 10.35 percent compared to last year to $333.8 million.
  • Insulated wire, cable rose 11.01 percent compared to last year to $180.18 million.
  • Unrecorded media for audio rose 202.5 percent compared to last year to $139.68 million.
  • Power supplies, transformers rose 16.84 percent compared to last year to $128.03 million.

In the latest annual figures available, Philippines recorded $20.09 billion in trade with the United States. At year’s end, its were Los Angeles; Seattle; San Francisco; Cleveland; and New York City. Total U.S. exports to Philippines were $ 8.47 billion and imports from Philippines were $11.63 billion. The U.S. deficit with Philippines was $3.16 billion.