What country is the fourth largest trading partner of the Philippines?

The EU is the Philippines’ fourth largest trading partner, accounting for the 8.4% of the country’s total trade in 2020 (after China, the US and Japan).

Who are the top 5 trading partners of the Philippines?

Also shown is each import country’s percentage of total Filipino exports.

  • Japan: US$9.9 billion (15.5% of total Filipino exports)
  • United States: $9.7 billion (15.2%)
  • China: $9.6 billion (15.1%)
  • Hong Kong: $9.1 billion (14.2%)
  • Singapore: $3.8 billion (5.9%)
  • Thailand: $2.9 billion (4.5%)
  • South Korea: $2.5 billion (4%)

What country is the fourth largest trading partner of our country?

These countries — Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam — collectively the United States’ fourth-largest trading partner and together represent a market with a GDP of more than $2.9 trillion and a population of 647 million people.

Who is the biggest trading partner of Philippines?

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 11,574 16.32
Japan 10,675 15.05
China 9,814 13.84
Hong Kong, China 9,625 13.57

What countries trade with Philippines?

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 11,574 16.32
Japan 10,675 15.05
China 9,814 13.84
Hong Kong, China 9,625 13.57
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What is the biggest export of Philippines?

Searchable List of Philippines’ Most Valuable Export Products

Rank Philippines’ Export Product Change
1 Integrated circuits/microassemblies +6.5%
2 Computers, optical readers -28.8%
3 Computer parts, accessories +55.9%
4 Insulated wire/cable -17.3%

Is Philippines a third world country?

The Philippines is historically a Third World country and currently a developing country. The GDP per capita is low, and the infant mortality rate is high.

Which two countries trade the most?

Year-to-Date Imports

Rank Country Imports
Total, All Countries 1,336.6
Total, Top 15 Countries 1,053.9
1 China 229.6
2 Mexico 186.4

Which country has most traders?

According to recent studies, the Chinese stock market is currently worth around $39 billion, which is just a few billion away from overtaking the United States. This is a major breakthrough, as not only is China on its way to become the wealthiest country in the world, but also the largest in terms of stock trading.

What are the top 10 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%)
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