Best answer: What is the Philippines the world’s largest exporter of?

What are the main exports of the Philippines?

Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca.

What is the main product of the Philippines?

Crop Production

The Philippines’ major agricultural products include rice, coconuts, corn, sugarcane, bananas, pineapples, and mangoes.

What food does Philippines export?

Top 10 U.S. Agricultural Exports to Philippines

Top 10 U.S. Agricultural Exports to Philippines (values in million USD)
Commodity 2015 2019
Soybean Meal 635 788
Wheat 516 700
Dairy Products 251 273

What are the top exporting goods of the Philippines what constitute most of its imports?

Electronic products were once again the country’s largest export product, accounting for 54.9% of total revenues, followed by mineral products at 11.1%. Electronic products were also the largest category of imports, comprising 21.1% of the total, followed by iron and steel imports at 15.9%.

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What do Philippines export to Japan?

Bilateral Trade by Products

In 2019, Philippines exported $10.8B to Japan. The main products exported from Philippines to Japan were Insulated Wire ($1.29B), Wood Carpentry ($803M), and Bananas ($764M).

What does the Philippines export to the United States?

The top export categories (2-digit HS) in 2020 were: electrical machinery ($2.2 billion), cereals (wheat) ($850 million), oilseeds and oleaginous fruits (soybean flour and meal) ($830 million), machinery ($733 million), and dairy, eggs, honey ($387 million).

What is Philippines famous for in the world?

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.

What does Japan import from Philippines?

In 2020, the import of goods to Japan from the Philippines were valued at close to ten billion U.S. dollars, a decrease from approximately 10.7 billion dollars. That year, electrical machinery and equipment, as well as electronic equipment were the major commodities imported to Japan from the Philippines.

Does the Philippines export pork?

In the first quarter, U.S. pork exports to the Philippines increased 190% from a year ago to more than 25,000 mt, while tripling in value to $62.4 million. … National Pork Producers Council (NPPC) said securing better access to the Philippines market has been a top, long-term trade priority.

What is the coffee capital of the Philippines?

Amadeo, a municipality down south of the province of Cavite in the Philippines has been revered as the nation’s coffee capital.

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What are the 10 top imports of the Philippines?

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%)

Does Philippines import or export more?

Of the total external trade in May 2021, 59.5 percent were imported goods, while the rest were exported goods.

What are the top five export crops in the Philippines?

Of the total agricultural exports, the top Philippine agricultural exports include Coconut oil, Bananas, Pineapple and Pineapple products, Mango, Shrimps and Prawns, and Tuna. (Table 3) These agricultural exports comprised 71% of the total agricultural exports of the country.