The country’s total imports in January-November 2018 amounted to US$100.45 billion, an increase of 15.8% from US$86.74 billion in January-November 2017. China ranked first among the Philippines’ top import suppliers, with receipts amounting to US$19.52 billion. This is an increase of 24.1% from US$15.73 billion during the same period last year. Other top Philippine import suppliers in January-November 2018 were: South Korea, US$10.39 billion; Japan, US$9.72 billion; USA, US$7.16 billion; and, Thailand, US$7.04 billion.
Electronic products topped the country’s imports in January-November 2018, with receipts valued at US$26.11 billion, an increase of 18.1% from its level in the same period last year at US$22.10 billion. Other top import products in January-November 2018 were: mineral fuels, lubricants and related materials, US$11.96 billion; transport equipment, US$10.66 billion; industrial machinery and equipment, US$6.42 billion; and, iron and steel, US$5.37 billion.