International Trade

 InternationalTrade refers to the exchange of

products and services from one country to another. In
other words, imports and exports. International trade
consists of goods and services moving in two
directions:
1. Imports– flowing into a country from abroad.
2. Exports – flowing out of a country and sold
overseas.
Phillipines Statistics on International Trade

 Total Exports (2017) $68.7 Billion

 Total Imports (2017) $101.9

 Trade Balance (2017) ($33.2)

 Exports of Goods and Services (% of GDP) 30.55%

 Imports of Goods and Services (% of GDP) 40.11%

Top 10 Export Partners Top 10 Import Partners

1. Japan ($10.9 Billion) 1. China ($18.5 Billion)

2. US ($9.7) 2. Japan ($11.8)
3. Hong Kong ($9.0) 3. South Korea ($8.8)
4. China ($8.0) 4. US ($8.3)
5. South Korea ($4.3) 5. Thailand ($7.0)
6. Singapore ($3.9) 6. Indonesia ($6.7)
7. Thailand ($2.7) 7. Singapore ($5.8)
8. Germany ($2.6) 8. Malaysia ($3.9)
9. Netherlands ($2.5) 9. Hong Kong ($2.9)
10. Malaysia ($1.7) 10. Vietnam ($2.8)

Sources: Globaledge.msu.edu, UN Comtrade (2017), The World Bank as of 2018

Top 10 Export Partners Top 10 Import Partners

1. Electrical Machinery ($32.5 Billion) 1. Electrical Machinery ($23.0 Billion)

2. Industrial Machinery ($9.1) 2. Industrial Machinery ($13.5)
3. Precision Instruments ($2.4) 3. Oil and Mineral Fuels ($11.4)
4. Cooper ($2.0) 4. Motor Vehicles & Parts ($8.8)
5. Fruit & Nuts ($1.8) 5. Iron and Steel ($4.0)
6. Ships and Boats ($1.7) 6. Plastics ($3.3)
7. Fats and Oils ($1.6) 7. Ores ($2.1)
8. Wood ($1.4) 8. Aircraft ($2.0)
9. Precious Stones & Metals ($1.3) 9. Precision Instruments ($1.9)
10. Motor Vehicles & Parts ($1.2)c 10. Cereals ($1.8)

Sources: Globaledge.msu.edu, UN Comtrade (2017), The World Bank as of 2018

Percentage of export value

Asian Countries 2/3 or 66.4%

North America 16.3%
European Countries 15.4%

Sources: www.worldstopexports.com
 PHILIPPINES
37th largest export
economy

in the world and

43rd most complex
economy
according to
Economic
Complexity Index
(ECI).
Source; atlas.media.mit.edu
GROUP 2
PREPARED BY:
MARY CELESTINE T. LIGNIG
12 ABM – A
S.Y. 2018 - 2019