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Philippines: Trade Profile
October 2010
Philippines
             
BASIC INDICATORS
Population (thousands, 2009) 91 983Rank in world trade, 2009ExportsImports
GDP (million current US$, 2009) 160 476Merchandise 5545
GDP (million current PPP US$, 2009) 326 213excluding intra-EU trade3827
Current account balance (million US$, 2009) 8 552Commercial services4855
Trade per capita (US$, 2007-2009) 1 307excluding intra-EU trade3137
Trade to GDP ratio (2007-2009)  75.1
Annual percentage change
2009  2000-200920082009
Real GDP (2000=100)  147441
Exports of goods and services (volume, 2000=100)  1232-2-17
Imports of goods and services (volume, 2000=100)  11822-10
             
TRADE POLICY
WTO accession1 January 1995Contribution to WTO budget (%, 2010)0.413
Trade Policy Review5, 7 July 2005Import duties collected
GPA accession -in total tax revenue...
Tariffs and duty free importsto total imports...
Tariff binding coverage (%)   67.0Number of notifications to WTO and measures in force 
MFN tariffsFinal boundApplied 2009Outstanding notifications in WTO Central Registry  21
Simple average of import dutiesGoods RTAs - services EIAs notified to WTO9 - 4
All goods  25.7  6.3Anti-dumping (30 June 2009)1
Agricultural goods (AOA)  35.0  9.8Countervailing duties (30 June 2009)...
Non-agricultural goods  23.4  5.8Safeguards (19 October 2009)  5
Non ad-valorem duties (% total tariff lines)  0.1  0.0Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2008)Requests for consultation5 - 6
in agricultural goods (AOA)  0.0Original panel / Appellate Body (AB) reports1 - 0
in non-agricultural goods  22.2Compliance panel / AB reports (Article 21.5 DSU)0 - 0
Services sectors with GATS commitments  51Arbitration awards (Article 22.6 DSU)0 - 0
             
MERCHANDISE TRADE ValueAnnual percentage change
2009  2000-200920082009
Merchandise exports, f.o.b. (million US$) 38 4360-3-22
Merchandise imports, c.i.f. (million US$)  a 45 878...4-24
2009  2009
Share in world total exports   0.31Share in world total imports 0.36
Breakdown in economy's total exportsBreakdown in economy's total imports
  By main commodity group (ITS)  By main commodity group (ITS)
Agricultural products  8.3Agricultural products12.2
Fuels and mining products  5.8Fuels and mining products20.2
Manufactures  85.3Manufactures67.1
  By main destination  By main origin
1. European Union (27)  20.71. Japan  12.6
2. United States  17.72. United States  12.0
3. Japan  16.23. China  8.9
4. Hong Kong, China  8.44. Singapore  8.6
5. China  7.65. European Union (27)  7.6
             
COMMERCIAL SERVICES TRADE ValueAnnual percentage change
2009  2000-2009 20082009
Commercial services exports (million US$) 10 101  13-14
Commercial services imports (million US$) 8 344  5130
2009  2009
Share in world total exports  0.30  Share in world total imports0.27
Breakdown in economy's total exportsBreakdown in economy's total imports
  By principal services item  By principal services item
Transportation  11.3  Transportation43.7
Travel  23.1  Travel29.3
Other commercial services  65.7  Other commercial services27.0
             
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2008Trademark registrations by office, 2008
ResidentsNon-residents Total Direct residentsDirect non-residentsMadrid Total 
  41  797  838 6 715 7 389... 14 104
             
a  Break in series for merchandise: 2002 for imports.
Source WTO
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