United States-Philippines In 2022, United States exported $8.38B to Philippines. The main products that United States exported to Philippines are Integrated Circuits ($1.43B), Wheat ($950M), and Concentrated Milk ($413M). During the last 27 years the exports of United States to Philippines have increased at an annualized rate of 1.8%, from $5.17B in 1995 to $8.38B in 2022.
In 2017, United States exported services to Philippines worth $3.27B, with Travel ($1.1B), Financial services ($509M), and Transportation ($445M) being the largest in terms of value.
Philippines-United States In 2022, Philippines exported $15.5B to United States. The main products that Philippines exported to United States were Office Machine Parts ($2.59B), Integrated Circuits ($1.87B), and Insulated Wire ($950M). During the last 27 years the exports of Philippines to United States have increased at an annualized rate of 2.83%, from $7.29B in 1995 to $15.5B in 2022.
In 2022, Philippines did not export any services to United States.
Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).
COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (11.1k), ADIDAS INTERNATIONAL TRADING AG (5.27k), and YOKOHAMA TIRE CORPORATION (3.25k) were at the forefront of exporting goods from Philippines to the United States. Conversely, KRISLUR CASTOMECH PVT LTD (10.9k), MAERSK LOGISTICS AND SERVICES (3.32k), and RELIANCE PRODUCERS COOPERATIVE (2.68k) were notable for importing Philippines products to the United States.