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
$3.74 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 | $852.94 Million | 117% |
| Wheat | $749.63 Million | 2.28 Million | $708.1 Million | 7% |
| Dairy Products | $371.71 Million | 136,195 | $342.38 Million | -8% |
| Poultry Meat & Prods. (excl. eggs) | $179.82 Million | 172,945 | $115.24 Million | 94% |
| Processed Vegetables | $123.59 Million | 63,437 | $99.42 Million | 42% |
| Pork & Pork Products | $109.73 Million | 50,680 | $113.25 Million | 6% |
| Beef & Beef Products | $83.61 Million | 11,487 | $79.38 Million | 41% |
| Food Preparations | $77.2 Million | 10,454 | $85.26 Million | 9% |
| Other Feeds, Meals & Fodders | $75.47 Million | 88,000 | $66.65 Million | 65% |
| Ethanol (non-bev.) | $69.61 Million | --- | $102.06 Million | -57% |
Data and Analysis
The Philippines has been a pioneer within Asia in adopting biotechnology crops. On April 17, 2024, the Court of Appeals (CA) ruling on the Writ of Kalikasan revoked the biosafety permit for commercial propagation of golden rice and directed the University of the Philippines Los Baños (UPLB) to cease and desist from commercially propagating and conducting activities relating to Bt eggplant.
Attaché Report (GAIN)
Philippines: Philippine Department of Agriculture Discontinues the Imposition of Price-Based Special Safeguard Measure on Mechanically Deboned Meat of Chicken
On October 4, 2024, the Philippine Department of Agriculture amended Department Order No. 16 (2024), removing mechanically deboned or separated meat of chicken (HS Code 0207.14.91) from the list of agricultural products subjected to a price-based special safeguard (SSG) measure. T
Post forecasts demand for dairy products to increase 2 percent to 3 million metric tons (MMT) in liquid milk equivalent (LME) in 2025.
News and Features
Private exporters reported sales to China, Philippines and unknown destinations during MY 2024/2025.
Private exporters reported the following sales activities for MY 2024/2025: 30,000 MT of soybean oil for delivery to India, 261,264 MT of soybeans for delivery to Mexico, 135,000 MT of soybean cake and meal for delivery to the Philippines.