Trade partner
U.S. Imports
$3.0B
August 2026
U.S. Exports
$803.2M
August 2026
Trade deficit
$2.2B
August 2026 · U.S. imports more than it exports
In August 2026 the United States imported $3.0B from Philippines and exported $803.2M to it, across 1,480 imported product categories.
Philippines was the 20th-largest source of U.S. goods imports in August 2026. Over the twelve months to August 2026, the U.S. imported $24.1B from Philippines and exported $9.7B to it. In August 2026, the U.S. ran a monthly goods trade deficit of $2.2B with Philippines, importing 3.7× as much as it exported. Compared with August 2025, U.S. goods imports from Philippines in August 2026 (preliminary) were 77% higher. U.S. goods imports from Philippines of $3.0B in August 2026 ran 35% above the year-to-date monthly average of $2.2B.
The Philippines is a significant Southeast Asian trading nation and a major exporter of semiconductors and electronic components, which account for a large share of total merchandise exports. The country is a member of ASEAN and RCEP and maintains bilateral FTAs with Japan and the EU. Agricultural exports including coconut products, bananas, and pineapples also play an important role in the trade profile.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
The Philippines' leading exports are semiconductors and electronic components, followed by coconut oil, bananas, pineapples, copper cathodes, and garments.
The Philippines is a party to ASEAN FTA frameworks, RCEP, the Japan-Philippines Economic Partnership Agreement (JPEPA), and has concluded an FTA with the European Union.
The Bureau of Customs (BOC), under the Department of Finance, administers tariff classification, import/export clearance, and trade enforcement in the Philippines.
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Annual data from BEA | 2025
Services Exports
$5.1B
Services Imports
$8.7B
The top U.S. imports from Philippines are Parts and Accessories for Automatic Data Processing Machines, Solid-State Non-Volatile Semiconductor Storage Devices and Automatic Data Processing Storage Units, by value in the latest month.
| Rank | Product | Import value |
|---|---|---|
| 1 | $1.2B | |
| 2 | $239.6M | |
| 3 | $148.0M | |
| 4 | $129.2M | |
| 5 | $90.3M | |
| 6 | $86.2M | |
| 7 | $69.1M | |
| 8 | Estimated Imports of Low-Valued TransactionsChapter 99 · Special Import Reporting Provisions | $58.1M |
| 9 | $37.3M | |
| 10 | $34.2M |
| Rank | Product | Export value |
|---|---|---|
| 1 | $92.4M | |
| 2 | $78.9M | |
| 3 |
| $58.3M |
| 4 | $44.9M |
| 5 | Civilian Aircraft, Engines, Equipment, and PartsChapter 88 · Aircraft, Spacecraft & Parts | $40.6M |
| 6 | $31.7M |
| 7 | $28.7M |
| 8 | $28.6M |
| 9 | Low-Value Export Shipments & Canadian Estimated Late ReceiptsChapter 98 · Special Classification Provisions | $17.5M |
| 10 | $16.5M |