U.S. Trade with Philippines in 2022

Export Market Rank
#8 Among U.S. Agricultural Export Markets
Total Export Value
$4.15 Billion
3-Year Average
$3.65 Billion
Compound Average Growth
4.6% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022

Top 10 Exports to Philippines in 2022

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Soybean Meal $1.01 Billion 1.98 Million $786.19 Million 68%
Wheat $920.25 Million 2.27 Million $695.88 Million 47%
Dairy Products $581.87 Million 176,742 $337.96 Million 78%
Poultry Meat & Prods. (excl. eggs) $220.67 Million 187,618 $105.58 Million 165%
Ethanol (non-bev.) $171.91 Million --- $114.37 Million 27%
Beef & Beef Products $161.14 Million 24,388 $76.47 Million 196%
Pork & Pork Products $134.87 Million 45,456 $113.56 Million 20%
Other Feeds, Meals & Fodders $108.95 Million 153,280 $64.55 Million 100%
Processed Vegetables $108.56 Million 66,159 $94.02 Million 58%
Food Preparations $97.71 Million 14,813 $83.23 Million 72%

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Data and Analysis

On August 23, 2023, the Philippine Department of Agriculture issued Memorandum Circular No. 37 (2023), an Addendum to the Bureau of Animal Industry Memorandum Circular No. 26 (2021), which requires traders to submit a Feed Utilization Report and...
Attaché Report (GAIN)

Philippines: Agricultural Biotechnology Annual

The Philippines has been a pioneer within Asia in adopting biotechnology crops, and recently approved Bt cotton as the 4th genetically engineered (GE) crop cleared for commercial propagation after corn (2002), rice (2021), and eggplant (2022). The...
Attaché Report (GAIN)

Philippines: Market Brief on Processed Vegetables

Philippine imports of processed vegetables grew 35 percent year on year, reaching $460 million in 2022. Imports increased 40 percent as of August 2023, coinciding with a five percent rise in GDP during the first half of the year. The United States...

News and Features

Export Sales Announcement

Export Sales to China, Mexico, and Philippines

Private exporters reported to USDA the following sales activity, all for delivery during the 2023/2024 marketing year: 440,000 MT of soft red winter wheat to China; 267,044 MT of corn to Mexico; 183,000 MT of soybean cake and meal to the Philippines.
Leaders from three state agriculture departments and 29 U.S. agribusinesses and organizations will accompany U.S. Department of Agriculture Under Secretary Alexis M. Taylor on a trade mission to Southeast Asia October 30 – November 3 to expand export opportunities for U.S. food and farm products to the Association of Southeast Asian Nations (ASEAN), the world’s fourth-largest market.
Export Sales Announcement

Export Sales to Mexico and the Philippines

Private exporters reported the following sales activity for MY 2023/2024: 200,000 MT of corn for delivery to Mexico and 183,000 MT of soybean cake and meal for delivery to the Philippines.

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