Trade in goods with USA SITC (Standard International Trade Classification)
Suomeksi - in Finnish

Philippines trade flows with USA by SITC*) product sections during 2023/3 - 2023/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2023/3
%		2023/4
%		2023/5
%		2023/6
%		2023/7
%
Export0.4 0.4 0.4 0.4 0.5
Import0.4 0.5 0.4 0.4 0.4
Trade in Goods0.4 0.5 0.4 0.4 0.5

USA's foreign trade with Philippines, exports to Philippines and imports from Philippines in Juli 2023


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Philippines was USA's 33. most important foreign trade partner. Improvement from the previous month was 2 places. $1.9 billion worth of trade was 9.8 per cent lower than in Juli of the previous year. In Juli the trade balance with Philippines was $367 million in deficit for United States of America.

The value of imports from Philippines decreased by 21.2 per cent compared to in Juli of the previous year, thus amounting to $1.1 billion in Juli 2023. Major product categories of imports from Philippines were Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev), representing 12.5 percent of imports, Sitc773 (equipment for distributing electricity, n.e.s.) 7.6 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 7.0 % of the imports.

The value of exports to Philippines were 14.8 percent higher than in Juli of the previous year, thus amounting to $752 million. The largest product groups of exports were: Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev), which represented a share of 19.0 per cent of total exports, Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 10.0 % and Sitc041 (wheat (including spelt) and meslin, unmilled) 9.7 % of the exports.

Development during January-Juli 2023

The trade in goods between January and Juli of 2023 was of lesser value than in the corresponding period of the previous year. The value of the trade was $12.8 billion, down 12.5 %. During January-Juli the value of imports was $7.7 billion. The export value was $5.2 billion. Compared to the corresponding period in 2022, the value of imports decreased by 18.7 % and the value of exports by 1.5 %. The largest product group in terms of imports has been Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev), worth $990 million. In export the largest value had Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev), worth being $1.1 billion. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $2.5 billion. The trade deficit narrowed compared to the corresponding period in 2022. At that time, the deficit was $4.2 billion.


Table: USA's export to Philippines (PH) during 2023/3 - 2023/7

2023 / 32023 / 42023 / 52023 / 62023 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 191.0 26.1 146.9 20.3 187.9 26.5 181.3 24.9 202.3 26.9
00. Live animals 2.2 0.3 1.7 0.2 0.9 0.1 1.3 0.2 2.1 0.3
01. Meat and meat preparations 34.7 4.7 35.0 4.8 33.9 4.8 41.1 5.7 35.7 4.7
02. Dairy products and birds' eggs 21.8 3.0 32.9 4.5 37.5 5.3 27.8 3.8 25.5 3.4
03. Fish and fish preparations 0.6 0.1 0.6 0.1 0.9 0.1 0.9 0.1 1.0 0.1
04. Cereals and cereal preparations 69.2 9.5 24.9 3.4 64.0 9.0 59.2 8.1 76.8 10.2
05. Vegetables and fruit 16.0 2.2 12.7 1.8 16.2 2.3 15.7 2.2 17.6 2.3
06. Sugars,sugar preparations and honey 2.1 0.3 4.0 0.6 2.4 0.3 3.5 0.5 2.3 0.3
07. Coffee,tea,cocoa,spices 4.9 0.7 4.2 0.6 4.0 0.6 4.0 0.5 3.7 0.5
08. Feeding stuff for animals 26.9 3.7 18.6 2.6 18.2 2.6 15.8 2.2 27.5 3.7
09. Miscellaneous edible products and preparations 12.8 1.7 12.3 1.7 9.8 1.4 12.0 1.6 10.2 1.4
1. Beverages and tobacco 5.2 0.7 6.9 1.0 2.9 0.4 2.7 0.4 1.9 0.3
11. Beverages 4.3 0.6 4.8 0.7 2.9 0.4 2.4 0.3 1.9 0.3
12. Tobacco and tobacco manufactures 1.0 0.1 2.1 0.3 00 0.3 0.0 0.0 0.0
2. Crude materials,inedible,except fuels 90.4 12.4 142.5 19.7 96.8 13.6 107.9 14.8 65.7 8.7
22. Oil seeds,oleaginous fruits 81.9 11.2 133.3 18.4 85.8 12.1 95.5 13.1 53.8 7.1
24. Cork and wood 1.0 0.1 0.8 0.1 1.1 0.2 1.1 0.2 0.6 0.1
25. Pulp and waste paper 1.7 0.2 2.7 0.4 5.0 0.7 5.7 0.8 4.5 0.6
26. Textile fibres and their wastes 3.0 0.4 3.0 0.4 1.9 0.3 2.2 0.3 1.7 0.2
27. Crude fertilizers and crude minerals 0.6 0.1 0.4 0.1 0.5 0.1 0.2 0.0 0.5 0.1
28. Metalliferous ores and metal scrap 1.2 0.2 1.4 0.2 1.5 0.2 2.4 0.3 3.0 0.4
29. Crude animal,vegetable materials n.e.s. 0.8 0.1 0.9 0.1 1.0 0.1 0.7 0.1 1.6 0.2
3. Mineral fuels etc 0.8 0.1 0.9 0.1 5.2 0.7 17.1 2.4 0.3 0.0
33. Petroleum and products 0.8 0.1 0.9 0.1 5.2 0.7 9.6 1.3 0.3 0.0
34. Gas,natural and manufactured 00 00 00 7.5 1.0 00
5. Chemicals and related products,n.e.s. 52.4 7.2 57.1 7.9 44.0 6.2 53.0 7.3 48.1 6.4
51. Organic chemicals 7.7 1.1 12.6 1.7 4.4 0.6 4.1 0.6 4.0 0.5
52. Inorganic chemicals 2.7 0.4 3.4 0.5 0.7 0.1 4.6 0.6 4.3 0.6
53. Dyeing,tanning and colouring material 1.8 0.2 1.5 0.2 2.1 0.3 4.6 0.6 2.4 0.3
54. Medicinal and pharmaceutical products 11.1 1.5 9.0 1.2 10.4 1.5 14.4 2.0 12.2 1.6
55. Perfume,cleaning etc.preparations 8.7 1.2 9.8 1.4 10.4 1.5 10.0 1.4 9.6 1.3
56. Fertilizers,manufactured 0.4 0.1 4.0 0.6 0.1 0.0 0.6 0.1 0.3 0.0
57. Plastics in primary forms 3.5 0.5 3.1 0.4 3.6 0.5 2.9 0.4 3.3 0.4
58. Plastics in non-primary forms 8.2 1.1 5.4 0.7 4.5 0.6 3.7 0.5 3.9 0.5
59. Chemical materials and products,n.e.s. 8.2 1.1 8.2 1.1 7.7 1.1 8.1 1.1 8.1 1.1
6. Basic manufactures 15.9 2.2 15.6 2.1 18.8 2.6 15.0 2.1 12.8 1.7
62. Rubber manufactures,n.e.s. 1.3 0.2 1.3 0.2 1.2 0.2 0.9 0.1 0.9 0.1
64. Paper,paperboard and articles thereof 2.4 0.3 2.4 0.3 2.6 0.4 2.6 0.4 2.9 0.4
65. Textile yarn,fabrics,made up articles,etc. 1.8 0.3 1.5 0.2 2.7 0.4 1.4 0.2 1.7 0.2
66. Non-metallic mineral manufactures,n.e.s. 1.2 0.2 1.4 0.2 1.2 0.2 1.1 0.2 1.1 0.1
67. Iron and steel 1.1 0.2 1.9 0.3 3.1 0.4 1.4 0.2 1.7 0.2
68. Non-ferrous metals 1.2 0.2 1.5 0.2 1.3 0.2 1.1 0.1 0.5 0.1
69. Manufactures of metals,n.e.s. 6.3 0.9 5.0 0.7 5.9 0.8 6.1 0.8 3.8 0.5
7. Machinery,transport equipment 314.5 43.0 296.0 40.8 298.8 42.1 289.6 39.8 369.6 49.2
71. Power generating machinery and equipment 4.1 0.6 3.7 0.5 7.7 1.1 5.2 0.7 3.8 0.5
72. Machinery for specialized industries 6.8 0.9 6.6 0.9 5.0 0.7 5.2 0.7 6.8 0.9
73. Metal working machinery 1.4 0.2 1.4 0.2 0.4 0.1 1.7 0.2 1.0 0.1
74. General industrial machinery n.e.s. 22.0 3.0 25.0 3.5 20.6 2.9 22.4 3.1 23.5 3.1
75. Office machines and adp machines 25.8 3.5 13.9 1.9 9.4 1.3 6.7 0.9 24.1 3.2
76. Telecommunications and sound recording equipment 25.3 3.5 28.7 4.0 20.2 2.8 40.9 5.6 75.6 10.1
77. Electric machinery,n.e.s.and parts 199.9 27.3 176.0 24.3 204.6 28.8 178.6 24.6 178.7 23.8
78. Road vehicles 10.6 1.4 16.9 2.3 12.9 1.8 7.4 1.0 9.9 1.3
79. Other transport equipment 18.8 2.6 23.9 3.3 17.9 2.5 21.5 3.0 46.2 6.1
8. Miscellaneous manufactured articles 42.0 5.7 39.9 5.5 38.4 5.4 43.3 6.0 33.8 4.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.3 0.0 0.4 0.1 0.6 0.1 0.3 0.0 0.4 0.0
82. Furniture and parts thereof 1.2 0.2 1.8 0.2 1.3 0.2 1.8 0.2 0.9 0.1
84. Articles of apparel and clothing accessories 0.4 0.1 0.3 0.0 0.3 0.0 0.6 0.1 0.7 0.1
87. Instruments and apparates n.e.s. 22.4 3.1 20.3 2.8 22.0 3.1 25.8 3.6 17.7 2.3
88. Photographic equipment,optical goods etc. 1.0 0.1 1.2 0.2 0.5 0.1 0.4 0.1 1.0 0.1
89. Miscellaneous manufactured articles,n.e.s. 16.4 2.2 15.7 2.2 13.5 1.9 14.2 2.0 13.0 1.7
9. Goods not classified elsewhere 18.8 2.6 18.4 2.5 17.1 2.4 16.7 2.3 17.0 2.3
93. Special transactions and commodities not classified 1.4 0.2 1.5 0.2 0.6 0.1 0.3 0.0 0.8 0.1
97. Gold,non-monetary 0.8 0.1 0.4 0.1 0.4 0.1 0.2 0.0 0.7 0.1
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 16.6 2.3 16.5 2.3 16.2 2.3 16.2 2.2 15.5 2.1
0-9. All groups combined 731.3 100.0 724.7 100.0 710.2 100.0 727.1 100.0 752.0 100.0

Source: US Census Bureau

Table: Import from Philippines (PH) to USA during 2023/3 - 2023/7

2023 / 32023 / 42023 / 52023 / 62023 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 44.8 3.8 61.9 5.0 46.1 4.7 58.9 5.2 52.1 4.7
00. Live animals 00 0.0 0.0 0.8 0.1 00 00
03. Fish and fish preparations 9.5 0.8 11.6 0.9 13.3 1.3 15.8 1.4 14.5 1.3
04. Cereals and cereal preparations 2.5 0.2 3.7 0.3 2.6 0.3 4.8 0.4 3.4 0.3
05. Vegetables and fruit 29.6 2.5 40.8 3.3 25.9 2.6 32.8 2.9 30.4 2.7
07. Coffee,tea,cocoa,spices 0.4 0.0 0.3 0.0 0.4 0.0 0.4 0.0 0.6 0.1
09. Miscellaneous edible products and preparations 2.8 0.2 5.1 0.4 2.9 0.3 4.9 0.4 2.9 0.3
1. Beverages and tobacco 7.2 0.6 10.3 0.8 10.8 1.1 8.8 0.8 8.5 0.8
11. Beverages 5.2 0.4 8.7 0.7 8.5 0.9 7.7 0.7 7.7 0.7
12. Tobacco and tobacco manufactures 2.1 0.2 1.6 0.1 2.2 0.2 1.1 0.1 0.8 0.1
2. Crude materials,inedible,except fuels 7.6 0.6 6.3 0.5 5.4 0.5 4.6 0.4 13.3 1.2
24. Cork and wood 0.9 0.1 1.0 0.1 0.7 0.1 1.2 0.1 2.0 0.2
25. Pulp and waste paper 0.7 0.1 1.3 0.1 1.2 0.1 0.6 0.1 0.6 0.1
28. Metalliferous ores and metal scrap 0.2 0.0 0.6 0.0 00 00 6.2 0.6
29. Crude animal,vegetable materials n.e.s. 5.8 0.5 3.4 0.3 3.5 0.4 2.8 0.2 4.5 0.4
3. Mineral fuels etc 5.6 0.5 5.6 0.5 0.9 0.1 00 00
33. Petroleum and products 5.5 0.5 5.6 0.5 0.9 0.1 00 00
4. Animal and vegetable oils and fats 20.2 1.7 38.6 3.1 21.9 2.2 25.3 2.2 53.1 4.7
42. Fixed vegetable fats and oils 19.7 1.7 37.8 3.1 21.3 2.2 24.1 2.1 52.1 4.7
43. Processed animal or vegetable oils,etc. 0.5 0.0 0.8 0.1 0.6 0.1 1.3 0.1 0.9 0.1
5. Chemicals and related products,n.e.s. 9.3 0.8 8.3 0.7 12.9 1.3 7.5 0.7 10.0 0.9
51. Organic chemicals 3.0 0.3 1.6 0.1 8.4 0.8 3.7 0.3 2.3 0.2
52. Inorganic chemicals 2.4 0.2 2.0 0.2 1.7 0.2 1.2 0.1 3.4 0.3
53. Dyeing,tanning and colouring material 0.8 0.1 0.6 0.0 0.7 0.1 0.1 0.0 1.1 0.1
55. Perfume,cleaning etc.preparations 0.9 0.1 0.8 0.1 0.3 0.0 0.6 0.1 0.9 0.1
57. Plastics in primary forms 0.8 0.1 1.1 0.1 0.6 0.1 0.6 0.1 0.9 0.1
58. Plastics in non-primary forms 0.3 0.0 0.6 0.1 0.3 0.0 0.1 0.0 0.1 0.0
59. Chemical materials and products,n.e.s. 1.0 0.1 1.4 0.1 0.9 0.1 1.1 0.1 1.5 0.1
6. Basic manufactures 63.3 5.4 58.4 4.7 41.0 4.1 46.1 4.1 49.3 4.4
61. Leather,dressed fur,etc. 0.2 0.0 0.2 0.0 0.3 0.0 0.6 0.1 0.2 0.0
62. Rubber manufactures,n.e.s. 23.1 2.0 20.2 1.6 18.5 1.9 25.0 2.2 21.0 1.9
63. Wood and cork manufactures 1.1 0.1 1.0 0.1 1.1 0.1 1.6 0.1 0.8 0.1
64. Paper,paperboard and articles thereof 1.5 0.1 1.7 0.1 1.3 0.1 1.5 0.1 1.2 0.1
65. Textile yarn,fabrics,made up articles,etc. 3.6 0.3 3.0 0.2 2.3 0.2 2.4 0.2 3.8 0.3
66. Non-metallic mineral manufactures,n.e.s. 5.8 0.5 4.8 0.4 5.8 0.6 3.9 0.3 5.4 0.5
67. Iron and steel 18.5 1.6 16.5 1.3 2.5 0.3 1.0 0.1 7.2 0.6
69. Manufactures of metals,n.e.s. 9.5 0.8 10.9 0.9 9.1 0.9 10.0 0.9 9.5 0.8
7. Machinery,transport equipment 736.8 63.2 619.3 50.3 620.7 62.8 685.7 60.8 660.8 59.1
71. Power generating machinery and equipment 16.1 1.4 15.1 1.2 17.2 1.7 16.3 1.4 17.9 1.6
72. Machinery for specialized industries 1.8 0.2 1.6 0.1 1.5 0.1 1.8 0.2 3.4 0.3
73. Metal working machinery 0.4 0.0 1.0 0.1 0.2 0.0 0.1 0.0 0.1 0.0
74. General industrial machinery n.e.s. 25.1 2.1 19.8 1.6 21.4 2.2 24.6 2.2 19.9 1.8
75. Office machines and adp machines 171.2 14.7 118.2 9.6 127.9 12.9 181.4 16.1 116.1 10.4
76. Telecommunications and sound recording equipment 143.0 12.3 103.5 8.4 100.5 10.2 113.7 10.1 108.4 9.7
77. Electric machinery,n.e.s.and parts 369.2 31.7 350.3 28.4 343.3 34.7 337.0 29.9 381.3 34.1
78. Road vehicles 3.5 0.3 3.4 0.3 3.2 0.3 3.1 0.3 3.4 0.3
79. Other transport equipment 6.6 0.6 6.3 0.5 5.5 0.6 7.6 0.7 10.2 0.9
8. Miscellaneous manufactured articles 215.9 18.5 265.6 21.5 190.0 19.2 254.6 22.6 229.7 20.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 4.8 0.4 5.2 0.4 5.0 0.5 10.3 0.9 8.6 0.8
82. Furniture and parts thereof 13.4 1.1 15.2 1.2 11.7 1.2 13.6 1.2 14.4 1.3
83. Travel goods,handbags and sim.containers 29.5 2.5 39.3 3.2 29.7 3.0 44.7 4.0 40.7 3.6
84. Articles of apparel and clothing accessories 42.7 3.7 44.3 3.6 38.1 3.9 54.8 4.9 48.8 4.4
85. Footwear 2.2 0.2 1.5 0.1 4.1 0.4 6.0 0.5 3.8 0.3
87. Instruments and apparates n.e.s. 25.2 2.2 19.9 1.6 21.7 2.2 20.1 1.8 24.1 2.2
88. Photographic equipment,optical goods etc. 18.1 1.6 16.7 1.4 15.4 1.6 13.1 1.2 20.0 1.8
89. Miscellaneous manufactured articles,n.e.s. 79.9 6.9 123.6 10.0 64.3 6.5 92.0 8.2 69.3 6.2
9. Goods not classified elsewhere 55.4 4.8 158.2 12.8 38.5 3.9 36.6 3.2 42.2 3.8
93. Special transactions and commodities not classified 41.7 3.6 19.5 1.6 26.7 2.7 24.3 2.2 31.9 2.8
97. Gold,non-monetary 00 128.4 10.4 00 1.6 0.1 00
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 13.7 1.2 10.3 0.8 11.8 1.2 10.7 0.9 10.3 0.9
0-9. All groups combined 1,166.0 100.0 1,232.4 100.0 988.2 100.0 1,128.1 100.0 1,118.9 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2023 (Sitc)


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