Philippines

U.S. Trade with Philippines in 2023

Export Market Rank
#9 Among U.S. Agricultural Export Markets
Total Export Value
$3.62 Billion
3-Year Average
$3.76 Billion
Compound Average Growth
2.3% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023

Top 10 Exports to Philippines in 2023

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Soybean Meal $1.27 Billion 2.45 Million $852.89 Million 117%
Wheat $749.75 Million 2.27 Million $708.12 Million 7%
Dairy Products $373.13 Million 137,034 $342.53 Million -7%
Poultry Meat & Prods. (excl. eggs) $180.49 Million 173,566 $115.31 Million 94%
Processed Vegetables $121.29 Million 61,989 $99.27 Million 40%
Pork & Pork Products $109.2 Million 50,671 $113.25 Million 5%
Beef & Beef Products $83.91 Million 11,568 $79.41 Million 41%
Food Preparations $77.37 Million 10,489 $85.28 Million 9%
Other Feeds, Meals & Fodders $75.19 Million 89,187 $66.63 Million 64%
Ethanol (non-bev.) $69.78 Million --- $107.78 Million -57%

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Data and Analysis

Attaché Report (GAIN)

Philippines: Biofuels Annual

Post sees Philippine biofuels consumption recovering in 2024 in line with economic growth, as fuel ethanol demand grows 8 percent to 682 million liters and biodiesel increases at 0.8 percent to 240 million liters.
This report outlines the Philippine government’s required documents from the United States in order to facilitate the importation of U.S. food and agricultural products.
Attaché Report (GAIN)

Philippines: FAIRS Country Report Annual

This report outlines Philippines government's requirements for the importation of food and agricultural products. The report aims to assist U.S. exporters by providing information on labeling, packaging, permitted ingredients, and other relevant considerations.

News and Features

Export Sales Announcement

Export Sales to the Philippines

Private exporters reported sales of 138,000 MT of soybean cake and meal for delivery to the Philippines during MY 2023/2024.
Export Sales Announcement

Export Sales to Japan and the Philippines

Private exporters reported the following sales activity: 155,000 MT of corn for delivery to Japan during MY 2024/2025 and 228,000 MT of soybean meal for delivery to the Philippines during MY 2023/2024.
Communications to Congress

Food for Progress Program – FY 2022 Report to Congress