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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 2015 – 2024
Unit: Million USD
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| Export (from Vietnam) | 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 | 6.188,85 |
| Import | 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 | 2.476,30 |
| Total trade | 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 | 8.665,15 |
| Trade Balance | 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 | 3.712,54 |
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 | 2023 | 2024 |
Compare turnover (%)
|
||
| Volume | Value (USD) | Volume | Value (USD) | |||
| Philippines | 5.149.913.156 | 6.188.849.246 | 120,17% | |||
| Fishery products | USD | 133.881.181 | 108.208.592 | 80,82% | ||
| Cashew nut | Ton | 3.662 | 16.536.779 | 3.386 | 16.468.383 | 99,59% |
| Coffee | Ton | 43.863 | 152.867.271 | 55.555 | 288.483.842 | 188,72% |
| Tea | Ton | 880 | 2.303.518 | 881 | 2.437.904 | 105,83% |
| Pepper | Ton | 08.04 | 24.178.202 | 7.808 | 32.814.698 | 135,72% |
| Rice | Ton | 3.134.630 | 1.753.389.269 | 4.221.456 | 2.610.427.295 | 148,88% |
| Manioc and manioc products | Ton | 18.81 | 9.191.975 | 16.338 | 8.132.020 | 88,47% |
| Pastrycooks, sweets and cereals products | USD | 28.703.704 | 33.597.117 | 117,05% | ||
| Animal fodders and animal fodder materials | USD | 34.480.053 | 31.706.330 | 91,96% | ||
| Clinker and cement | Ton | 8.051.110 | 358.319.713 | 8.006.134 | 319.088.129 | 89,05% |
| Coal | Ton | 52.719 | 12.243.704 | 69.760 | 15.117.782 | 123,47% |
| Chemicals | USD | 20.368.730 | 15.395.943 | 75,59% | ||
| Chemical products | USD | 79.208.620 | 79.757.005 | 100,69% | ||
| Fertilizers | Ton | 56.586 | 25.905.746 | 109.381 | 46.351.309 | 178,92% |
| Plastics | Ton | 22.207 | 27.466.493 | 44.230 | 48.687.940 | 177,26% |
| Plastic products | USD | 60.806.344 | 67.190.590 | 110,50% | ||
| Paper and paper products | USD | 40.525.883 | 39.463.838 | 97,38% | ||
| Yarn | Ton | 37.765 | 82.650.651 | 39.671 | 80.649.876 | 97,58% |
| Textiles and garments | USD | 125.874.580 | 138.232.333 | 109,82% | ||
| Foot-wears | USD | 104.666.498 | 107.202.665 | 102,42% | ||
| Textile, leather and foot-wear materials and auxiliaries | USD | 28.528.168 | 29.834.720 | 104,58% | ||
| Ceramic products | USD | 34.246.746 | 30.745.286 | 89,78% | ||
| Glass and glassware | USD | 7.334.879 | 10.378.613 | 141,50% | ||
| Iron and steel | Ton | 188.923 | 111.422.344 | 178.292 | 94.589.740 | 84,89% |
| Iron and steel products | USD | 38.000.837 | 73.179.816 | 192,57% | ||
| Other base metals and other base metal products | USD | 60.186.284 | 24.896.183 | 41,37% | ||
| Computers, electrical products, spare-parts and components thereof | USD | 193.695.173 | 186.549.226 | 96,31% | ||
| Telephones, mobile phones and parts thereof | USD | 153.177.078 | 212.340.190 | 138,62% | ||
| Still image, video cameras and sparts thereof | USD | 18.883.984 | 31.862.658 | 168,73% | ||
| Machine, equipment, tools and instruments | USD | 352.065.529 | 392.953.884 | 111,61% | ||
| Insulated wires and cables | USD | 71.774.948 | 64.409.078 | 89,74% | ||
| Other means of transportation, parts and accessories thereof | USD | 221.046.482 | 200.433.773 | 90,67% | ||
| Furnitures of other materials, other than of wood | USD | 844.888 | 1.900.140 | 224,90% | ||
| Other products | USD | 705.508.912 | 745.362.346 | 105,65% | ||
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 | 2023 | 2024 |
Compare turnover (%)
|
|||
| Volume | Value (USD) | Volume | Value (USD) | ||||
| Philippines | 2.653.319.013 | 2.476.304.657 | 93,33% | ||||
| Fishery products | USD | 40.406.065 | 38.372.006 | 94,97% | |||
| Milk and milk products | USD | 240.948 | 300.126 | 124,56% | |||
| Pastrycooks, sweets and cereal products | USD | 14.975.877 | 17.247.518 | 115,17% | |||
| Other edible food preparations | USD | 11.479.708 | 5.525.201 | 48,13% | |||
| Animal fodders and animal fodder materials | USD | 16.876.402 | 10.037.430 | 59,48% | |||
| Tobacco materials | USD | 6.151.869 | 3.083.912 | 50,13% | |||
| Chemical products | USD | 10.043.217 | 5.774.777 | 57,50% | |||
| Pharmaceutical products | USD | 1.673.246 | 1.858.242 | 111,06% | |||
| Fertilizers | Ton | 28.123 | 14.438.580 | 27.701 | 12.866.709 | 89,11% | |
| Essential oils and resinoids; perfumery, cosmetic or toilet preparations | USD | 447.244 | 469.218 | 104,91% | |||
| Plastics | Ton | 14.691 | 13.327.766 | 19.567 | 17.779.334 | 133,40% | |
| Plastic products | USD | 15.841.948 | 17.424.176 | 109,99% | |||
| Rubber products | USD | 2.601.504 | 2.447.375 | 94,08% | |||
| Paper | Ton | 487 | 447.511 | 1.028 | 569.664 | 127,30% | |
| Fabrics | USD | 174.670 | 317.018 | 181,50% | |||
| Ferrous waste and scrap | Ton | 22.168 | 9.992.744 | 34.046 | 14.742.918 | 147,54% | |
| Iron and steel | Ton | 30 | 5.238.644 | 1.366 | 6.375.807 | 121,71% | |
| Iron and steel products | USD | 7.876.352 | 19.173.468 | 243,43% | |||
| Other base metals | Ton | 20.1 | 174.253.504 | 19.156 | 167.377.638 | 96,05% | |
| Other base metal products | USD | 5.345.642 | 9.613.406 | 179,84% | |||
| Computers, electrical products, spare-parts and components thereof | USD | 1.635.089.455 | 1.538.670.081 | 94,10% | |||
| Machine, equipment, tools and instruments | USD | 277.744.019 | 276.036.175 | 99,39% | |||
| Insulated wires and cables | USD | 88.923.073 | 95.484.811 | 107,38% | |||
| Parts and accessories of motor vehicles | USD | 20.080.653 | 33.384.329 | 166,25% | |||
| Other products | USD | 279.648.372 | 181.373.319 | 64,86% | |||
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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