🇵🇭Philippines - Overview

In Jan-Mar 2026, extra-EU trade with Philippines totalled €4.1B. The EU imported €2.4B and exported €1.7B, resulting in a deficit of €665.8M.

Trade with Philippines is dominated by the sectors Section XVI — MACHINERY AND MECHANICAL APPLIANCES (54.2%), Section VI — PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES (8.1%), Section IV — PREPARED FOODSTUFFS (6.8%). The Section XVI — MACHINERY AND MECHANICAL APPLIANCES sector alone accounts for 54.2% of bilateral trade.

The extra-EU trade balance with Philippines shows a deficit of €665.8M. Imports amount to €2.4B versus €1.7B in exports.

In 2025, imports from this country changed by 4.3% and exports by 4.7% compared to the previous year.