South Korea exports to the Philippines

필리핀 · latest month: October 2026

Exports, October 2026

$3.81B

-3.9% vs previous month

vs same month a year earlier

+390.0%

export value

Exports, last 12 months

$24.30B

+121.5% vs 12 months before

Rank among destinations

of 239, last 12 months

Imports, last 12 months

$4.20B

balance $20.10B

In October 2026, South Korea exported $3.81 billion of goods to the Philippines, down 3.9% from September 2026 and up 390.0% from October 2025.

Over the 12 months to October 2026, exports of goods to the Philippines totalled $24.30 billion, up 121.5% from the 12 months before ($10.97 billion).

The Philippines ranked 10th of 239 destinations for Korean goods over the 12 months to October 2026, up from 12th in the 12 months before.

The largest chapter was electrical machinery and electronics (HS 85), with $14.83 billion or 61.0% of exports to the Philippines.

Imports from the Philippines in October 2026 were $345.2 million (up 5.4% from October 2025), leaving a surplus of $3.47 billion for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).

Monthly importsImport value in US dollars (CIF).

What South Korea exports to the Philippines: chapters

Export value by HS chapter over the 12 months to October 2026; the largest 25 of 95.

Code	Product	Exports, 12 months	Share	vs 12 months before	October 2026
85	Electrical machinery and electronics	$14.83B	61.0%	+338.8%	$2.88B
27	Mineral fuels, oils and their products	$5.58B	23.0%	+55.6%	$528.5M
84	Machinery, boilers and computers	$454.0M	1.9%	+6.0%	$49.1M
74	Copper and articles thereof	$358.2M	1.5%	+18.9%	$37.7M
39	Plastics and articles thereof	$335.9M	1.4%	+10.2%	$28.8M
88	Aircraft and spacecraft	$227.0M	0.9%	-15.8%	$59.5M
89	Ships and boats	$225.0M	0.9%	-56.1%	$991K
72	Iron and steel	$199.0M	0.8%	+4.8%	$24.2M
90	Optical, measuring and medical instruments	$172.4M	0.7%	+34.7%	$18.9M
32	Dyes, pigments, paints and inks	$163.0M	0.7%	-5.0%	$15.0M
87	Vehicles, parts and accessories	$129.0M	0.5%	-37.1%	$13.4M
33	Essential oils, perfumery and cosmetics	$119.3M	0.5%	+13.3%	$11.9M
71	Pearls, precious stones and precious metals	$115.4M	0.5%	+42.7%	$9.9M
19	Preparations of cereals, flour or milk, and bakery products	$107.2M	0.4%	+17.6%	$10.7M
28	Inorganic chemicals	$98.5M	0.4%	+12.2%	$7.4M
73	Articles of iron or steel	$97.9M	0.4%	+75.6%	$13.0M
38	Miscellaneous chemical products	$91.4M	0.4%	+3.5%	$10.1M
30	Pharmaceutical products	$83.8M	0.3%	+12.6%	$7.2M
21	Miscellaneous edible preparations	$64.7M	0.3%	-11.4%	$7.8M
29	Organic chemicals	$59.9M	0.2%	+32.8%	$5.5M
48	Paper and paperboard	$51.2M	0.2%	-9.1%	$5.8M
76	Aluminium and articles thereof	$47.6M	0.2%	+10.0%	$2.8M
40	Rubber and articles thereof	$43.9M	0.2%	+10.7%	$3.6M
31	Fertilisers	$43.0M	0.2%	+93.4%	$9.3M
16	Preparations of meat, fish or seafood	$42.0M	0.2%	-12.2%	$6.0M

Largest 4-digit headings

The 30 largest of 896 headings exported to the Philippines in the same 12 months.

Code	Product	Exports, 12 months	Share	vs 12 months before	October 2026
8542	Electronic integrated circuits (semiconductor chips)	$13.47B	55.4%	+538.7%	$2.77B
2710	Refined petroleum oils	$5.52B	22.7%	+55.4%	$526.9M
8541	Semiconductor devices, including solar cells and LEDs	$373.7M	1.5%	+20.1%	$29.5M
7408	Copper wire	$296.3M	1.2%	+16.2%	$32.0M
8544	Insulated wire and cable	$248.2M	1.0%	+21.0%	$28.8M
8802	Aeroplanes, helicopters and spacecraft	$222.2M	0.9%	-8.0%	$59.2M
8906	Other vessels, including warships and lifeboats other than rowing boats	$192.7M	0.8%	-60.8%	$0
8534	Printed circuits	$184.7M	0.8%	+48.4%	$15.8M
3207	Ceramic and glass pigments, enamels, glazes and frit	$132.4M	0.5%	-8.6%	$10.9M
7108	Gold	$112.5M	0.5%	+43.2%	$9.5M
8517	Telephones, smartphones and network equipment	$110.4M	0.5%	-22.0%	$1.7M
3304	Beauty, make-up and skin care preparations	$103.3M	0.4%	+12.2%	$10.5M
8479	Machines and mechanical appliances with individual functions	$103.2M	0.4%	+15.0%	$11.1M
8536	Electrical switches, connectors and circuit protection (up to 1,000 V)	$88.1M	0.4%	+30.3%	$7.9M
3920	Plates, sheets and film of plastics, not reinforced	$83.2M	0.3%	+27.6%	$8.4M
8532	Electrical capacitors	$83.2M	0.3%	-12.6%	$5.8M
7208	Flat-rolled iron or non-alloy steel, hot-rolled	$82.8M	0.3%	-7.7%	$12.1M
1902	Pasta and noodles (including instant noodles)	$81.4M	0.3%	+21.5%	$8.3M
9030	Instruments for measuring electrical quantities	$72.1M	0.3%	+101.1%	$10.6M
8504	Electrical transformers, static converters and inductors	$65.5M	0.3%	+35.7%	$3.6M
8703	Passenger cars	$58.3M	0.2%	-50.3%	$8.6M
3004	Medicaments, in measured doses or retail packs	$52.4M	0.2%	+10.1%	$4.7M
7409	Copper plates, sheets and strip (over 0.15 mm thick)	$52.3M	0.2%	+33.1%	$5.2M
7210	Flat-rolled iron or non-alloy steel, coated or plated	$50.9M	0.2%	+39.5%	$3.8M
7205	Granules and powders, of pig iron, spiegeleisen, iron or steel	$43.8M	0.2%	+12.4%	$3.8M
2707	Coal tar distillation oils (benzene, toluene, xylene)	$41.7M	0.2%	+164.3%	$1.2M
8704	Motor vehicles for the transport of goods	$40.4M	0.2%	+44.6%	$2.5M
8486	Machines for making semiconductors and flat panel displays	$37.5M	0.2%	+79.4%	$3.1M
3923	Plastic packaging and closures	$37.2M	0.2%	+41.7%	$4.3M
8538	Parts for electrical switching and control apparatus	$35.2M	0.1%	+18.9%	$4.0M

A chapter is linked when exports to the Philippines reached $1,000,000 over 24 months, a heading when they reached $5,000,000. "Share" is the share of all exports to the Philippines.

Featured industry: cosmetics exports to the Philippines, by 6-digit product.

Monthly figures

Month	Exports	vs year earlier	Export weight	Export $/kg	Imports	Import weight
October 2026	$3.81B	+390.0%	600,521 t	$6.35	$345.2M	63,854 t
September 2026	$3.97B	+238.5%	858,344 t	$4.62	$333.4M	53,301 t
August 2026	$2.87B	+178.3%	799,922 t	$3.59	$296.6M	45,917 t
July 2026	$1.90B	+81.0%	621,506 t	$3.05	$404.9M	56,450 t
June 2026	$1.98B	+93.1%	528,531 t	$3.75	$364.8M	69,453 t
May 2026	$1.70B	+96.9%	396,149 t	$4.29	$403.1M	95,920 t
April 2026	$1.60B	+117.0%	525,653 t	$3.03	$399.7M	85,799 t
March 2026	$1.72B	+63.5%	551,333 t	$3.12	$385.0M	102,583 t
February 2026	$1.11B	+53.0%	611,619 t	$1.82	$288.2M	47,166 t
January 2026	$1.34B	+51.8%	840,774 t	$1.59	$376.1M	60,709 t
December 2025	$1.20B	+47.8%	887,626 t	$1.36	$306.9M	52,885 t
November 2025	$1.10B	+30.3%	501,494 t	$2.19	$291.0M	44,576 t
October 2025	$778.2M	-18.0%	446,033 t	$1.74	$327.6M	50,440 t
September 2025	$1.17B	+18.8%	514,318 t	$2.28	$287.4M	53,957 t
August 2025	$1.03B	+17.0%	695,280 t	$1.48	$266.7M	55,364 t
July 2025	$1.05B	+15.0%	598,346 t	$1.75	$262.6M	59,145 t
June 2025	$1.03B	+33.3%	742,186 t	$1.38	$315.4M	82,625 t
May 2025	$863.4M	-12.3%	614,032 t	$1.41	$278.1M	222,439 t
April 2025	$735.0M	-13.2%	542,998 t	$1.35	$337.1M	76,487 t
March 2025	$1.05B	+55.2%	546,166 t	$1.93	$326.6M	58,880 t
February 2025	$727.9M	-16.5%	504,120 t	$1.44	$272.1M	73,439 t
January 2025	$880.7M	+24.2%	709,271 t	$1.24	$229.1M	119,421 t
December 2024	$814.8M	+35.7%	620,625 t	$1.31	$279.2M	133,704 t
November 2024	$841.5M	+11.0%	537,534 t	$1.57	$294.2M	130,267 t

Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.