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 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...]
Top 10 Filipino Exports to the European Union
Exports sales from the Philippines to the 28-member European Union totaled US$7.2 billion during 2015, or 12.2% of overall Filipino exports. That dollar amount represents a 9.4% improvement since 2011 when Filipino exports to the EU came in at $6.5 billion. Approaching two-thirds of the total value of exported Filipino goods arrive in two EU countries, namely Germany (36.9%) … [Read more...]
Top 10 Sources for Imported Milk in the Philippines
Home-country Filipinos imported US$345.1 million worth of milk and cream in 2015, over twice the $167.3 million that the Philippines earned for its milk and cream exports to other countries over the same period. Demand for imported milk in the Philippines slipped in value by almost a third (down -30.5%) from $496.7 million in 2011, which was significantly outpaced by the … [Read more...]