What do you think are the top exports of the Philippines?

What are the major exports of the Philippines?

Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca.

What do you think is the biggest export country for the Philippines?

The top export destinations of the Philippines are Hong Kong ($13.9 billion), United States ($13.8 billion), China ($13.3 billion), Japan ($11.2 billion), and Singapore ($7.92 billion).

What are the top 3 exports?

These are the top US exports

  • Top U.S. goods exports.
  • Food, beverage and feed: $133 billion. …
  • Crude oil, fuel and other petroleum products: $109 billion. …
  • Civilian aircraft and aircraft engines: $99 billion. …
  • Auto parts, engines and car tires: $86 billion. …
  • Industrial machines: $57 billion.
  • Passenger cars: $53 billion.

What are the top exports?

America’s Top 10 Exports

  • Machinery – $206 billion. …
  • Electronic equipment (including computers) – $170 billion. …
  • Spacecraft and aircraft – $131 billion. …
  • Cars – $127 billion. …
  • Petroleum – $106 billion. …
  • Medical equipment – $83 billion. …
  • Plastics – $60 billion. …
  • Gems, precious metals, and coins – $58 billion.

What products are the Philippines known for?

Manila Shopping: 20 Filipino Goods To Bring Home

  • Capiz Items. …
  • Caviar Dish. …
  • Custaroons. …
  • Philippine Pearls. …
  • Shell-Made Napkin Ring Set. …
  • Bamboo Baul. …
  • Abaca Basket. …
  • Kamagong Salad Server.

Why certain products are made in Philippines?

Filipinos are known to be hardworking and very thorough in their work which is why many international companies build factories and assembly plants in the country. This boosts employment and also Filipino pride that there are products out there that have the label, “Made in the Philippines.”

Is the Philippines a third world country?

The high expectations of the early post-War years failed to materialize and today the Philippines remains very much a part of the Third World. This, despite the existence of a number of factors that were conducive to sustained economic growth. Chief among these was the rich physical endowment of the Philippines.

What does US export to Philippines?

The top export categories (2-digit HS) in 2019 were: electrical machinery ($2.7 billion), machinery ($764 million), cereals (wheat) ($731 million), oilseeds and oleaginous fruits (flour) ($583 million), and food waste, animal feed ($421 million).

What is America’s number 1 export?

Searchable List of America’s Most Valuable Export Products

Rank US Export Product 2020 Value (US$)
1 Processed petroleum oils $60,709,450,000
2 Crude oil $50,285,962,000
3 Cars $45,642,596,000
4 Integrated circuits/microassemblies $44,212,664,000

What is NZ’s biggest export?

New Zealand’s Top 10 Exports

  • Meat: $5.6 billion (14.6%) Wood: $2.9 billion (7.6%) …
  • Alcoholic beverages: $1.4 billion (3.8%)
  • Machines, engines, pumps: $1.3 billion (3.5%) Modified starches, enzymes: $1.1 billion (3%) …
  • Other food preparations: $876.8 million (2.3%) Aluminum: $835.3 million (2.2%)

What is America’s biggest import?

What Are the Major U.S. Imports?

  • Machinery (including computers and hardware) – $386.4 billion.
  • Electrical machinery – $367.1 billion.
  • Vehicles and automobiles – $306.7 billion.
  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.
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