Embassy of the Philippines - Home
Time 2021-11-01 20:07:10Web Name: Embassy of the Philippines - Home
WebSite: http://www.philippinestrade.org
ID:219053
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HomeAbout the PhilippinesThe PresidentPresidents BioSpeechesCabinet and other OfficialsEmbassyDefenseLaborPoliceAgricultureVeterans AffairsConsulatesWashington, DCSan FranciscoAgana, GMChicagoLos AngelesHonolulu, HINew YorkSaipanAtlantaMiamiPortland, ORLinksDepartment of Trade HomeHomeTRADE (in USD billion)
YEAR
TOTAL
EXPORTS
IMPORTS
BALANCE
2012
14.54
7.42
7.12
0.29
2013
14.51
7.82
6.69
1.13
2014
14.40
8.66
5.74
2.92
2015
16.49
9.02
7.47
1.55
2016
15.82
8.66
7.16
1.5
2017 (Jan-July)
9.35
5.38
3.97
1.41
The US is PHL's biggest trading partner in 2016 (out of 226 trading partners), the 2nd biggest market for PHL's exports (out of 213 export markets and almost 16% of total PHL exports), and 3rd largest investor into the PHL. Over the past five years, US foreign investment in the PHL amounted to PHP165.93 billion.
For 2015, a major portion of the export revenue came from Electronic Products valued at USD2.84 billion, followed by Transports with total receipts of USD1.02 billion or 32.25% and 11.69%, respectively, of the total exports to US. The bulk of merchandise imports from US comprised of Electronic Products worth USD3.64 billion or 50.45% of the total imports. Fresh food was the second highest imported foods from the US, with USD687.94 million, or a share of 9.53% of the total imports from the US.
Top 5 Exports
Value (USD million)
Top 5 Imports
Value (USD million)
Electronics
2,847.32
Electronics
3,640.18
Transport
1,028.99
Fresh food
687.94
Garment/ Textile
979.26
Pet food/ animal feeds
561.51
Electricals
847.81
Processed food
433.33
Oils/fats/waxes
556.37
Chemicals
369.26
IPA-APPROVED INVESTMENTS
YEAR
in PHP billion
in USD billion
2011
79.85
1.84
2012
40.00
0.95
2013
55.34
1.30
2014
17.42
0.42
2015
21.74
0.47
2016
31.43
0.63
2017 (Q1)
2.43
0.05
Investment opportunities include IT-BPO (animation and game development); food and design driven processed products; manufacturing (electronics, food/agribusiness, aerospace, and consumer products), and infrastructure.
OFFICIAL DEVELOPMENT ASSISTANCE
A total of USD1,218.53 million in active grants as of 30 June 2016The US is PHL’s largest source of grants (no loans) among all development partners (bilateral and multilateral). The US is fourth in overall ODA assistance to PHL.TOURIST ARRIVALS FROM THE US
YEAR
VISITOR ARRIVAL
2011
624,527
2012
652,626
2013
674,564
2014
722,750
2015
779,217
2016
869,463
2017 (Jan-May)
83,056
In 2016, the US supplied the 2nd biggest inbound arrival with 869,463 visitors constituting 14.57% of the total and recording an 11.6% increase vis-à-vis its arrivals of 779,217 in 2015.
US HUMANITARIAN ASSISTANCE
Typhoon Yolanda: USD 143 millionTyphoon Glenda: USD 150,000.00Community Resilience to Flood Fund: USD 2.5M________________________________________________________________
For more information, contact any of the Philippine trade offices in the United States:
Capital
Raymond Albert H. Batac
Commercial Counselor
Philippine Trade Investment Center
Embassy of the Philippines
1600 Massachusetts Avenue, N.W. Washington, D.C. 20036
Phone : +1.202.4679418 / +1.2024679419
Fax : +1.202.4679428
E-mail : RaymondAlbertBatac@dti.gov.ph; Washington@dti.gov.ph
Jurisdiction: Alabama, District of Columbia, Florida, Georgia, Kentucky, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia
Northeast and Midwest
Philippine Trade Investment Center
Philippine Consulate General
556 Fifth Avenue, New York, New York 10036
Phone : +1.212.5757925
Fax : +1.212.5757759
E-mail : newyork@philippinetrade.org
Jurisdiction: Connecticut, Connecticut, Delaware, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Arkansas, Mississippi, Illinois, Missouri, Indiana, Iowa, Kansas, Louisiana, Michigan, Minnesota, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Wisconsin and Eastern Canada
Northwest
Nicanor S. Bautista
Trade Commissioner
Philippine Trade and Investment Center
Philippine Consulate General
447 Sutter Street, Suite 405, San Francisco, CA 94108
Phone : +1.408.9809637 / +1.415.7732336
Fax : +1.408.9809823/ +1.415.7731813
E-mail : siliconvalley@dti.gov.ph
Website: www.investphilippines.org/siliconvalley ;www.dti.gov.ph
Jurisdiction: Alaska, Northern Nevada/Reno, Colorado, Northern California, Idaho, Utah, Montana, Washington, Oregon, Wyoming and Western Canada
Southwest
Jose Ma Dinsay
Trade Representative
Philippine Trade and Investment Center
Philippine Consulate General
Suite 602, 3250 Wilshire Boulevard, Los Angeles, California 90010
Phone : +1.213.3881029 / 3888376
Fax : +1.213.3884739
E-mail : losangeles@dti.gov.ph
Jurisdiction: Southern California covering the counties of Los Angeles, Orange, San Diego, Imperial, Riverside, San Bernardino, Ventura, Santa Barbara, Kern, and San Luis Obispo; Southern Nevada covering the counties of Clark, Lincoln and Nye; State of Arizona (covering all counties); State of New Mexico (covering all counties); and State of Texas (covering all counties)
Consulate Finder
Ten Philippine Missions throughout the US offer consular services. Each Mission covers a specific geographic region. To find out which Mission can assist you, what the hours of operation are and how to reach it please use our interactive Consulate Finder.
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