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What do we trade with the Philippines?
The top import categories (2-digit HS) in 2019 were: electrical machinery ($4.6 billion), machinery ($3.4 billion), optical and medical instruments ($561 million), knit apparel ($480 million), and leather products ($469 million). U.S. total imports of agricultural products from Philippines totaled $924 million in 2019.
What are the top 3 imports of the Philippines?
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).
What are Mexico’s top 10 exports?
Top 10
- Vehicles: US$100.7 billion (24.1% of total exports)
- Machinery including computers: $75.5 billion (18.1%)
- Electrical machinery, equipment: $75 billion (17.9%)
- Optical, technical, medical apparatus: $18.6 billion (4.4%)
- Mineral fuels including oil: $16.8 billion (4%)
- Plastics, plastic articles: $9.1 billion (2.2%)
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.
How did the Spanish trade with the Philippines?
When the Spaniards came to the Philippines, our ancestors were already trading with China, Japan, Siam, India, Cambodia, Borneo and the Moluccas. The Spanish government continued trade relations with these countries, and the Manila became the center of commerce in the East. The Spaniards closed the ports of Manila to all countries except Mexico.
What are the main exports of the Philippines?
With excellent trade route in the Pacific Ocean these are some of the country’s main exports and imports. In 2018, coconut oil from the Philippines dominated the export market with 1.2 million tones ahead of Indonesia’s 885,000 tonnes and India’s 390, 000 tonnes.
What kind of products does Mexico import from the US?
Mexico is the second-largest agricultural export market for the United States, importing USD 19.2 billion in U.S. agricultural products, including corn, soybeans, dairy, pork and beef products in 2019. Both countries have over USD 144 billion in bilateral, reciprocal foreign direct investment (FDI).
Who are the main trade partners of the Philippines?
Philippines´ major exports and imports The main trade partners of the Philippines include China, Japan, the United States, Singapore and Hong Kong. The Philippines is the world 36th largest economy and the thirteenth largest economy in Asia.