The Philippines are a small island nation in the east of Asia. However, it does exports agro products, automobiles, and electronics, which is much in demand from the Asian countries and other nations apart from the Asian continent. The Philippines is a trade deficit nation as its imports are higher than what it exports. However, their export value is worth a million USD every year. Hence, getting export data from the Philippines will be helpful for any importers. It is advisable to check Philippines Import Data for export-import data of this nation online 24/7.
The major goods exported from the Philippines are as follows.
Coconut Oil
Copper Products
Electronic Products
Fruits
Garments
Petroleum Products
Solid State Semiconductors
Transport Equipment
The major countries that import goods from the Philippines are China, India, Germany, Hong Kong, Sri Lanka, Japan, Netherlands, Pakistan, Singapore, Vietnam, South Korea, Maldives, Taiwan, Laos, Thailand, New Zealand, and the United States. Apart from these countries, there are also many other WCO listed nations willing to import handicraft items in textile, wood, and metals. Knowing the right information about the local market is the best for anyone to take the business opportunity present in this island country.
If you try to get the Philippines Trade Data directly, you have to send your staff or go in person. However, it will not be a good choice for anyone who is a startup. It is because; one cannot directly approach the Philippines Customs Department and get them free or by giving a few hundred Posses. Here, you have to approach the intermediaries to get as per your export data needs. They might charge you a higher price if you need shipment data for more than a year or so.
Philippines Export Data must be with full importers address, exporters address, the number of goods, and price of the shipment, tariff, and shipping agency’s details. It will be better to get those data with HS codes. There are many online export data providers in the Philippines. A few of the export-import data provider gives them free and a few or chargeable. It is advisable to get a sample and try your export trend analysis in the Philippines. They are worth doing as you can find new suppliers who might offer a profitable price for you. The Philippines is trying its best to export more goods every year to compensate for its trade deficit.
