Philippines
U.S. Trade with Philippines in 2024
Export Market Rank
#9 Among U.S. Agricultural Export Markets
Total Export Value
$3.5 Billion
3-Year Average
$3.72 Billion
Compound Average Growth
3.6% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Philippines in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybean Meal | $1.01 Billion | 2.47 Million | $895.59 Million | 59% |
| Wheat | $735.71 Million | 2.7 Million | $711.88 Million | 43% |
| Dairy Products | $364.98 Million | 139,291 | $338.61 Million | 48% |
| Poultry Meat & Prods. (excl. eggs) | $194.07 Million | 169,226 | $125.37 Million | 186% |
| Ethanol (non-bev.) | $146.6 Million | --- | $100.6 Million | 8% |
| Beef & Beef Products | $131.9 Million | 15,668 | $86.64 Million | 107% |
| Pork & Pork Products | $120.81 Million | 60,261 | $114.98 Million | 52% |
| Processed Vegetables | $118.58 Million | 61,303 | $102.59 Million | 34% |
| Food Preparations | $81.91 Million | 11,852 | $86.38 Million | 21% |
| Other Feeds, Meals & Fodders | $63.82 Million | 98,551 | $68.45 Million | 57% |
Data and Analysis
This report details the Philippine government’s certification requirements for food and agricultural products exported from the United States.
This report outlines the Philippine Government’s policies regulating the importation of food and agricultural products.
FAS Manila forecasts marketing year (MY) 2026 raw sugar production to remain flat at 1.85 million metric tons (MT). Ample rainfall during the planting season which started in October supported sugarcane planting among farms with no irrigation.
News and Features
Private exporters reported sales of 135,000 MT of soybean cake and meal for delivery to the Philippines during MY 2024/2025.
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.