Major import suppliers of the Philippines

Asian countries: Due to geographical proximity and favorable trade connectivity, countries and territories in Asia constitute the primary sources of imports into the Philippines. In 2025, total imports from countries in this region accounted for nearly 80% of the Philippines’ total import value. Notably, among the top 10 import partners of the Philippines, nine are from Asia, representing 73.4% of the country’s total imports. Viet Nam is also included in this list, ranking 9th with a 4.14% market share.

United States: Apart from Asian partners, the United States is the only country outside the region that ranked among the top 10 suppliers of goods to the Philippines in 2025, with export value reaching USD 8.86 billion, accounting for 6.25% of the country’s total imports.

These import partners currently dominate the Philippine market across many key product groups, ranging from electrical machinery and equipment to agricultural products and industrial raw materials. Notably, countries such as China, Japan, the Republic of Korea, and Indonesia are major economies in the region with strong competitive capabilities and export structures that share many similarities with those of Viet Nam. As a result, Vietnamese goods face and will continue to face significant competitive pressure when entering the Philippine market.

Table 1: Top 10 countries from which the Philippines imported the most in 2025

Source: ITC Trade Map, 2026

FTA partners

As of May 2025, the Philippines has 11 FTAs in force with 21 partner economies. This means that goods from these partners exported to the Philippine market can benefit from preferential tariff treatment under the respective FTAs.

The Philippines’ FTA network is expected to continue expanding, as the country is currently actively negotiating five additional FTAs with several potential partners, including the European Union (EU), Canada, Chile, and the United Arab Emirates (UAE). The conclusion and implementation of these new FTAs are also expected to create additional competitive pressure for Vietnamese exports entering the Philippine market.

Table 2: Statistics on the Philippines' Free Trade Agreements (FTAs)

Source: Philippines Department of Trade and Industry, 2026

To learn more about the Philippines' Free Trade Agreements, businesses can access the following link: https://philippineftas.dti.gov.ph/ (Philippine Department of Trade and Industry's FTA portal).

Source: Center for WTO and International Trade - VCCI

• The Philippines' market size
• The Philippines' import and export activities
• Consumer characteristics in the Philippines
• Characteristics of the Philippines’ distribution system
• Vietnam’s export situation to the Philippines