The country’s total imports in January-November 2017 amounted to US$83.80 billion, an increase of 9.3% from US$76.68 billion in January-November 2016. China ranked first among the Philippines’ top import suppliers, with receipts amounting to US$15.18 billion. This is an increase of 6.3% from US$14.28 billion during the same period last year. Other top Philippine import suppliers in January-November 2017 were: Japan, US$9.73 billion; South Korea, US$7.14 billion; USA, US$6.39 billion; and, Thailand, US$6.01 billion.
Electronic products topped the country’s imports in January-November 2017, with receipts valued at US$21.15 billion, an increase of 3.1% from its level in the same period last year at US$20.51 billion. Other top import products in January-November 2017 were: mineral fuels, lubricants and related materials, US$9.41 billion; transport equipment, US$8.88 billion; industrial machinery and equipment, US$5.41 billion; and, iron and steel, US$3.76 billion.