Philippines
U.S. Trade with Philippines in 2021
Export Market Rank
#9 Among U.S. Agricultural Export Markets
Total Export Value
$3.6 Billion
3-Year Average
$3.28 Billion
Compound Average Growth
4.1% (2012-2021)
Total Export Value 2012 - 2021
Export Value by Commodity 2021
Top 10 Exports to Philippines in 2021
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybean Meal | $975.7 Million | 2.17 Million | $747.31 Million | 56% |
| Wheat | $885.44 Million | 2.87 Million | $664.68 Million | 46% |
| Dairy Products | $430.37 Million | 165,700 | $308.4 Million | 54% |
| Pork & Pork Products | $205.45 Million | 79,299 | $108.92 Million | 133% |
| Poultry Meat & Prods. (ex. Eggs) | $146.21 Million | 153,752 | $92.44 Million | 64% |
| Food Preparations | $110.3 Million | 16,718 | $78.52 Million | 118% |
| Processed Vegetables | $95.77 Million | 67,369 | $89.14 Million | 63% |
| Other Feeds, Meals & Fodders | $84.44 Million | 124,752 | $59.53 Million | 44% |
| Beef & Beef Products | $73.05 Million | 13,367 | $64.84 Million | 63% |
| Soybeans | $65.21 Million | 116,161 | $58.58 Million | 165% |
Data and Analysis
This monthly report includes information on U.S. and global imports of dairy products, including maximum quantities that can be imported under tariff-rate quota licensing.
Following the signing of Republic Act (RA) 11524, February 26, 2021, then President Rodrigo R. Duterte signed Executive Order (EO) 172, Series of 2022, on June 2, 2022, approving the Coconut Farmers and Industry Development Plan. This paves the way for the use of the PHP75 billion ($1.4) fund to rehabilitate the coconut industry.
Post sees Philippine biofuels consumption partially recovering in 2022 due to economic growth, as fuel ethanol demand grows 13 percent to 660 million liters and biodiesel increases 31 percent to 250 million liters with the projected movement from B2 to B5 blend and the fuel pool increases as forecast. Ethanol production is almost flat with one percent growth to 360 million liters.
News and Features
A number of the Philippines’ top agricultural leaders share a common bond: They are alumni of USDA’s Cochran Fellowship Program. They came together during the FAS trade mission in Manila last month to discuss how their fellowships have shaped their careers and the future agriculture in the Phillipines.
Foreign Agricultural Service Administrator Daniel Whitley led a USDA trade mission to the Philippines, July 18-21. He was joined by representatives from 29 U.S. agribusinesses and farm organizations and 10 state departments of agriculture, working...
FAS Administrator Daniel Whitley arrived in Manila today to launch a U.S. Department of Agriculture trade mission to help foster stronger ties and build economic partnerships between the United States and the Philippines.