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Philippines Import Data

Philippines Import Data helps to directly enter the business of importation in the Philippines. The import data of the Philippines contains every detail of shipments that took place in the Philippines. The shipping records are used to view customer preferences, product demand, and market scenarios from the depth of the Philippines.

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Philippines Import Data

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  1. Update Philippines Import Data Online The Philippines is a Southeast Asian country that stands at 34 positions among the largest importer around the world during the year 2020. This economic guide on the Philippines will guide you about the country's primary import services and goods. Philippines Import Data reveals that the value of goods in 2020 was USD 90.7. This showed a declination from the previous year as it was around USD 112.9 billion in 2019. The population of the country is 108.9 million for which the value of overall imports is equated to product demand roughly to around USD 1,050 in 2020 for every person. Philippines Trade Data showed that the decrement in total imported goods in the year 2020 was because of the decrease in the major commodities that were imported. These were led by lubricants, mineral fuels, and related other materials of -80.0%, equipment of transport of -65.6%, and iron & steel of -61.0%. The import data of the country is regarded to be Customs data that covers every business activity that is followed in the country. Trade data of the Philippines contains details of all the companies that are engaged with foreign exchange and also provides other market-related aspects. Philippines Export Data includes details that are based on import bills, shipping bills, invoices, and other documents that are related to import. The details of the Importers can be easily found through the information on the Filipino business activities taking place with global countries. The details include Date, Filipino Importer name, Origin Country, Foreign Supplier Name, Product Description, HS Code, Quantity, Port, Weight, Transport Mode, and so on. According to the trading data of the country, the top ten imports that the country had made in the year 2020 were: Electrical Machinery & Equipment of 28.5% Machinery of 10.0% Mineral Fuels & Oils of 8.8% Vehicles of 5.6% Plastics of 3.4% Iron & Steel of 3.6% Cereals of 2.9% And other commodities like equipment of optical, medical & photography, iron & steel articles and products of pharma. These commodities had accounted for the overall shipment value to be 62.4% in 2020. The fastest-growing value was for products like imported technical, optical & medical apparatus from the previous year by 17.5%. The import data also reveals the top ten import partners of the Philippines which are as follows: China with USD 20.9 billion

  2. Japan with USD 8.7 billion United States with USD 7.1 billion South Korea with USD 7.0 billion Indonesia with USD 5.8 billion and so on.

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