Philippines
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% |
Data and Analysis
Attaché Report (GAIN)
Philippines: Additional Recordkeeping Requirements Imposed on Imported Feed Ingredients
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...
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...
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
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.
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.