Exports In 2022, Philippines exported $731M in Motor vehicles; parts and accessories (8701 to 8705), making it the 36th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 22nd most exported product in Philippines. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Philippines are: Thailand ($300M), Japan ($137M), Argentina ($58.3M), Indonesia ($54.6M), and United States ($48M).
The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Philippines between 2021 and 2022 were India ($8.15M), Kuwait ($4.08M), and Singapore ($2.54M).
Imports In 2022, Philippines imported $1.05B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 42nd largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 25th most imported product in Philippines. Philippines imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($294M), Japan ($267M), Thailand ($230M), Indonesia ($137M), and Chinese Taipei ($29.1M).
The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Philippines between 2021 and 2022 were China ($69.4M), Indonesia ($66.4M), and Thailand ($10.2M).