Filipino importers purchased almost a billion dollars’ worth of wheat (US$982.1 million) from foreign suppliers during 2015. That metric far surpasses the combined total for all other imported cereals. In second place, Philippine imports of rice amounted to $464.7 million followed by imported corn at $177.6 million. Overall, the value of wheat imported into the Philippines … [Read more...]
South Korean Top 20 Imports from the Philippines
South Korea imported US$3.23 billion worth of products from the Philippines during 2016, down by -3.2% from $3.33 billion three years earlier in 2014. South Korea’s top 20 imports from the Philippines total $2.4 billion or about three-quarters (75.5%) of total South Korean purchases of Filipino goods for 2016. Import purchases for those same 20 imported Filipino products in … [Read more...]
Philippines Imported Car Sales
From a global perspective, Philippines imported car sales accelerated in 2016 going from 52nd place in 2015 to 29th for 2016 compared to the total value of imported cars bought by other nations. Imported cars delivered to the Philippines in 2016 totaled US$4 billion, more than doubling in value up by 134.7% from $1.7 billion since 2012. A healthy portion of that gain … [Read more...]
Philippines Growing Sweet Tooth for Imported Sugar
Imports of sugars and sugar confectionery into the Philippines grew by 28.8% from US$240.2 million in 2011 to $309.4 million worth of sugar-related imports during 2015. Accelerating purchases of imported sugar into the Philippines were an exception. Most other highly populated Asian countries, including Japan (down -49.8%) and Taiwan (down -38.2%). Globally, imported shipments … [Read more...]
America’s Top 10 Imports from the Philippines
America’s top 10 imports from the Philippines represent US$5.2 billion in sales for 2015, almost half (49%) of total US purchases of Filipino imports for the year. Revenue for those same 10 imported Filipino products was up 13.3% since 2013 and rose 1.2% from 2014. America has a population of 321.4 million people and is the world’s second-richest country based on purchasing … [Read more...]