October 2011
Philippines
                         
BASIC INDICATORS
Population (thousands, 2010)  93 261 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  199 589 Merchandise  52 47
GDP (million current PPP US$, 2010)  367 425 excluding intra-EU trade 37 29
Current account balance (million US$, 2010)  8 465 Commercial services 44 53
Trade per capita (US$, 2008-2010)  1 335 excluding intra-EU trade 27 36
Trade to GDP ratio (2008-2010)   67.8
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   127 5 1 8
Exports of goods and services (volume, 2005=100)   130 5 -8 21
Imports of goods and services (volume, 2005=100)   120 4 -8 23
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget (%, 2011) 0.386
Trade Policy Review 5, 7 July 2005 Import duties collected
GPA accession  - in total tax revenue ...
Tariffs and duty free imports to total imports ...
Tariff binding coverage (%)    67.0 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   19
Simple average of import duties Goods RTAs - services EIAs notified to WTO 9 - 4
All goods   25.7   6.3 Anti-dumping (30 June 2010) 1
Agricultural goods (AOA)   35.0   9.8 Countervailing duties (30 June 2010) ...
Non-agricultural goods   23.4   5.7 Safeguards (22 October 2010)   4
Non ad-valorem duties (% total tariff lines)   0.1   0.0 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 5 - 6
in agricultural goods (AOA)   0.1 Original panel / Appellate Body (AB) reports 2 - 0
in non-agricultural goods   35.5 Compliance panel / AB reports (Article 21.5 DSU) 0 - 0
Services sectors with GATS commitments   51 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  51 496 5 -22 34
Merchandise imports, c.i.f. (million US$)  58 229 3 -24 27
2010   2010
Share in world total exports    0.34 Share in world total imports  0.38
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   8.0 Agricultural products 11.7
Fuels and mining products   6.2 Fuels and mining products 20.8
Manufactures   85.1 Manufactures 67.0
  By main destination   By main origin
1. Japan   15.2 1. Japan   12.5
2. United States   14.7 2. United States   10.8
3. European Union (27)   14.4 3. Singapore   9.3
4. Singapore   14.2 4. China   8.5
5. China   11.1 5. European Union (27)   7.3
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  13 243   24 13 20
Commercial services imports (million US$)  11 066   14 4 28
2010   2010
Share in world total exports   0.36   Share in world total imports 0.32
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   10.2   Transportation 44.5
Travel   21.0   Travel 30.6
Other commercial services   68.8   Other commercial services 24.8
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2008 Trademark registrations by office, 2009
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  41   797   838  4 903  5 408 ...  10 311