The country’s total imports in January 2019 amounted to US$9.04 billion, an increase of 5.9% from US$8.54 billion in January 2018. China ranked first among the Philippines’ top import suppliers, with receipts amounting to US$2.01 billion. This is an increase of 24.5% from US$1.61 billion during the same period last year. Other top Philippine import suppliers in January 2019 were: South Korea, US$790 million; Japan, US$789 million; USA, US$651 million; and, Thailand, US$603 million.
Electronic products topped the country’s imports in January 2019, with receipts valued at US$2.35 billion, an increase of 4.09% from its level in the same period last year at US$2.26 billion. Other top import products in January 2019 were: transport equipment, US$852 million; mineral fuels, lubricants and related materials, US$821 million; industrial machinery and equipment, US$607 million; and, cereals and cereal preparations, US$414 million.