CARGO TRANSPORTATION LANE VIETNAM – PHILIPPINES

Vietnam and Philippines are important trading partners. In this article, HP Global overview some key points related to transportation of cargo import from Philippines to Vietnam and export from Vietnam to Philippines.

Trade Turnover Vietnam – Philippines Annually

Import – Export Turnover Vietnam – Philippines

Period 2014 – 2023

Unit: Million USD

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Export (from Vietnam)	2,311.05	2,019.98	2,219.87	2,836.17	3,464.94	3,727.44	3,549.57	4,571.37	5,100.15	5,149.91
Import	676.53	906.12	1,060.16	1,160.22	1,256.53	1,578.21	1,753.68	2,405.39	2,712.73	2,653.32
Total trade	2,987.58	2,926.10	3,280.04	3,996.39	4,721.48	5,305.64	5,303.24	6,976.76	7,812.88	7,803.23
Trade Balance	1,634.53	1,113.85	1,159.71	1,675.95	2,208.41	2,149.23	1,795.89	2,165.98	2,387.41	2,496.59

Source: Re-arrange from Statistics of Vietnam Customs Department

Export Turnover from Vietnam to Philippines per Commodities

Which commodities that Vietnam export to Philippines?

Export value from Vietnam to Philippines:

Main exports	Units	6 months 2023		6 months 2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Philippines			2.486.752.000		2.927.533.326	118%
Fishery products	USD		55.469.496		45.207.945	82%
Cashew nut	Ton	1.576	7.783.331	1.723	7.433.396	96%
Coffee	Ton	20.223	62.517.213	32.572	133.785.683	214%
Tea	Ton	490	1.287.486	362	960.013	75%
Pepper	Ton	4.147	12.207.147	4.836	17.848.241	146%
Rice	Ton	1.698.593	857.677.069	1.938.086	1.205.911.079	141%
Manioc and manioc products	Ton	12.1	5.676.235	10.672	5.516.438	97%
Pastrycooks, sweets and cereals products	USD		15.081.638		16.692.133	111%
Animal fodders and animal fodder materials	USD		16.948.651		14.241.342	84%
Clinker and cement	Ton	3.873.060	176.384.167	4.222.011	171.130.556	97%
Coal	Ton	152	61.748	49.66	11.091.485	17963%
Chemicals	USD		9.862.041		13.032.219	132%
Chemical products	USD		39.131.614		38.566.760	99%
Fertilizers	Ton	16.908	9.282.930	41.969	20.360.546	219%
Plastics	Ton	12.596	15.207.083	18.785	20.986.896	138%
Plastic products	USD		28.833.198		31.385.332	109%
Paper and paper products	USD		19.961.443		16.262.240	81%
Yarn	Ton	19.346	44.145.795	16.728	34.491.518	78%
Textiles and garments	USD		58.616.676		60.571.913	103%
Foot-wears	USD		48.716.425		51.901.891	107%
Textile, leather and foot-wear materials and auxiliaries	USD		13.407.551		15.218.816	114%
Ceramic products	USD		17.081.825		13.822.507	81%
Glass and glassware	USD		4.293.886		4.700.381	109%
Iron and steel	Ton	145.507	87.467.072	119.925	62.553.409	72%
Iron and steel products	USD		17.013.054		26.577.651	156%
Other base metals and other base metal products	USD		44.719.267		14.919.818	33%
Computers, electrical products, spare-parts and components thereof	USD		85.685.489		87.625.327	102%
Telephones, mobile phones and parts thereof	USD		77.826.009		132.561.496	170%
Still image, video cameras and sparts thereof	USD		8.442.542		12.179.475	144%
Machine, equipment, tools and instruments	USD		173.357.214		175.237.637	101%
Insulated wires and cables	USD		36.891.472		29.683.527	80%
Other means of transportation, parts and accessories thereof	USD		114.128.716		89.855.882	79%
Furnitures of other materials, other than of wood	USD		408.128		970.479	238%
Other products	USD		321.148.840		344.249.294	107%

Source: Statistics from Vietnam Customs Department

Import Turnover from Philippines to Vietnam per Commodities

Which commodities that Vietnam import from Philippines?

Import value from Philippines to Vietnam:

Main imports	Units	6 months 2023		6 months 2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Philippines			1.067.394.577		1.277.545.810	120%
Fishery products	USD		18.671.429		19.207.664	103%
Milk and milk products	USD		205.811		202.531	98%
Pastrycooks, sweets and cereal products	USD		7.121.744		7.620.407	107%
Other edible food preparations	USD		6.626.337		2.941.864	44%
Animal fodders and animal fodder materials	USD		9.129.881		4.238.084	46%
Tobacco materials	USD		2.215.455		1.353.011	61%
Chemical products	USD		5.363.288		2.617.780	49%
Pharmaceutical products	USD		795.409		404.735	51%
Fertilizers	Ton	14.565	8.262.080	13.626	6.348.524	77%
Essential oils and resinoids; perfumery, cosmetic or toilet preparations	USD		158.026		246.368	156%
Plastics	Ton	5.956	5.383.606	7.607	7.133.828	133%
Plastic products	USD		7.433.168		8.878.892	119%
Rubber products	USD		1.233.472		1.068.037	87%
Paper	Ton	117	135.390	837	377.293	279%
Fabrics	USD		88.006		142.403	162%
Ferrous waste and scrap	Ton	7.458	3.636.802	21.988	9.571.303	263%
Iron and steel	Ton	18	3.513.053	21	1.292.060	37%
Iron and steel products	USD		5.272.017		6.340.733	120%
Other base metals	Ton	9.48	84.418.469	11.229	102.985.482	122%
Other base metal products	USD		2.248.317		5.685.016	253%
Computers, electrical products, spare-parts and components thereof	USD		598.750.813		779.280.476	130%
Machine, equipment, tools and instruments	USD		136.468.416		132.261.503	97%
Insulated wires and cables	USD		37.792.772		48.734.863	129%
Parts and accessories of motor vehicles	USD		9.149.479		21.013.136	230%
Other products	USD		113.321.337		107.599.816	95%

Source: Statistics from Vietnam Customs Department

Shipping Time Vietnam Philippines

Name of ports/airport and shipping times between Vietnam – Philippines

-> See the Article: Cargo Shipping Vietnam – Philippines

Trade relations between Vietnam and Philippines

HP Global Logistics offers tax consultation services, import procedures, and customs services for the import and export of goods in Vietnam Philippines. For inquiries, please contact our hotline at +84 886 115 726 or +84 984 870 199.

Currently, there are FTAs of ATIGA, ACFTA, AHKFTA ,AKFTA ,AJCEP ,AIFTA, AANZFTA, RCEP between Vietnam and Philippines.

>> To check the updated legal documents related to special preferential import duty under the above FTA, see the below article: List of FTA Vietnam Joined

→ To check the updated trade relations (MFN, FTAs) between Vietnam and Philippines at the article: Overview Of Trade Relations Between Vietnam And The World

Check import/export duty to/from Vietnam?

To check the update import duty / export duty for cargo import to / export from Vietnam to Philippines, you can contact HP Global via email info@hpgloballtd.com or hotline ++84 886115726 / ++84 984870199 or search on website hptoancau.com as instructed in the image below

Select HP Global as the freight forwarder for your shipments Vietnam – Philippines

HP Global is a freight forwarder with a top reputation in Vietnam.

→ Contact us for freight and inbound and outbound services for shipments to/from Vietnam – Email: info@hpgloballtd.com

Logistics HP Global Vietnam

Freight forwarder, Customs Broker and Vietnam Import/export license

Building No. 13, Lane 03, N003, Van Khe, La Khe, Ha Dong, Hanoi

Website: hpgloballtd.com / hptoancau.com

Email: info@hpgloballtd.com

Phone: ++84 24 73008608 / Hotline: ++84 984870199/ ++84 8 8611 5726/ Whatsapp: ++84 865996476

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