What are the top 5 export products of the Philippines?

Philippines Top 10 Exports

Electrical machinery, equipment: US$31.7 billion (49.7% of total exports)
Machinery including computers: $9.5 billion (14.9%)
Fruits, nuts: $2.3 billion (3.6%)
Optical, technical, medical apparatus: $1.8 billion (2.8%)
Ores, slag, ash: $1.7 billion (2.7%)
Copper: $1.7 billion (2.7%)

What is the main export 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 are the top 10 import and export product in the 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%)

Why Exporting is important to Philippine economy?

Exporting doesn’t only benefit you, your company, and your employees. It also benefits the local and foreign markets where you operate. Indeed, export and import activities help generate much-needed jobs and support economic growth in the localities where they transpire.

What export business can I start?

If you’re interested in starting a business that exports products to other markets around the world, check out these 50 small business export ideas.

Vehicle Exports.
Auto Parts Exports.
Computer Exports.
Smartphone Exports.
Tech Accessory Exports.
Clothing Exports.
Beauty Product Exports.
Cotton Exports.

What does Philippines import most?

Philippines major imports are: electronic products (25 percent), mineral fuels (21 percent) and transport equipment (10 percent). Philippines’s main import partners are: China (13 percent), the United States (11 percent), Japan (8 percent) and Taiwan (8 percent).