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Vietnam imports from Philippines reach US$200.25 million in December, up 15.11 percent month-on-month

In December, Vietnam imported US$200.25 million worth of goods from Philippines, up from US$173.97 million in November, a change of 15.11 percent, according to preliminary data from Vietnam’s General Department of Customs.

So far this year, Vietnam has imported US$2,382 million worth of goods from Philippines.

Bar chart of Vietnam imports from Philippines in 2025, US$millions.

Vietnam imported US$114.06 million worth of computers, electrical products, spare-parts and components thereof from the Philippines in December. This was up from US$108.22 million in November, a change of 5.40 percent.

Vietnam imported US$32.93 million worth of machines, equipment, tools and instruments from the Philippines in December. This was up from US$23.58 million in November, a change of 39.65 percent.

Pie chart Vietnam's main imports from Philippines in December.

Vietnam imported US$13.37 million worth of insulated wires and cables from the Philippines in December. This was up from US$9.48 million in November, a change of 41.01 percent.

Vietnam imported US$03.92 million worth of iron and steel products from the Philippines in December. This was up from US$2.34 million in November, a change of 67.37 percent.

Learn more about manufacturing in Vietnam→


Vietnam imports from Philippines in December US$m

DecemberNovemberMoMYTD
Total200.25173.9715.11%2,382.36
Computers, electrical products, spare-parts and components thereof114.06108.225.40%1,464.19
Machine, equipment, tools and instruments32.9323.5839.65%359.96
Other products17.2017.29-0.52%160.37
Insulated wires and cables13.379.4841.01%105.95
Iron and steel products3.922.3467.37%30.62
Fishery products3.303.31-0.07%42.95
Fertilizers2.990.83258.98%11.67
Parts and accessories of motor vehicles1.981.970.24%26.41
Pastries, sweets and cereal products1.961.3644.38%17.08
Ferrous waste and scrap1.760.25603.81%5.34
Other base metal products1.300.8749.10%7.37
Plastic products1.241.27-2.86%15.56
Animal fodders and animal fodder materials1.170.9523.58%10.72
Plastics0.860.041963.24%9.45
Iron and steel0.851.01-16.07%14.07
Tobacco materials0.450.3048.80%2.74
Other edible food preparations0.350.2825.13%3.40
Chemical products0.290.32-10.31%5.92
Rubber products0.160.1416.70%2.16
Pharmaceutical products0.110.103.69%0.74
Essential oils and resinoids; perfumery, cosmetic or toilet preparations0.020.03-17.50%0.29
Fabrics0.000.000.00%0.16
Milk and milk products0.000.000.00%0.17
Other base metals0.000.000.00%84.43
Paper0.000.02-100.00%0.63

Vietnam trade with Philippines

In December, Vietnam imported goods worth US$200.25 million from Philippines and exported US$390.94 million, bringing total trade to US$591.19 million and resulting in a trade surplus of US$190.68 million.

Two-way trade so far this year between Vietnam and Philippines has reached US$7,784.43 million, with Vietnam importing US$2,382.36 million worth of goods and exporting US$5,402.07 million.

Discover more about trade in Vietnam→


Vietnam trade with Philippines year to date US$m

DecemberNovemberMoMYTD
Imports200.25173.9715.11%2,382.36
Exports390.94346.8212.72%5,402.07
Total591.19520.7813.52%7,784.43
Balance190.68172.8510.32%3,019.71

Vietnam-Philippines news

Recent developments in trade and investment between the two countries include:

Japan – Vietnam renewables cooperation

Japan’s Denzai International Holdings has signed a cooperation agreement with Vietnam’s PC1 Group to jointly develop renewable energy and infrastructure projects in Vietnam and the Philippines.

The partnership will start with the 58.5 megawatt Camarines Sur onshore wind project in the Philippines, with Denzai Philippines installing nine turbines from late March 2026.

See the latest Vietnam news headlines→

Vietnam-Philippines trade relations

Vietnam and the Philippines established diplomatic relations in 1976, with trade ties expanding steadily alongside broader ASEAN economic integration.

Bilateral trade has grown on the back of complementary demand, with Vietnam exporting rice, electronics, cement and manufactured goods, while importing agricultural products, energy-related inputs and consumer goods from the Philippines.

Trade relations are anchored in ASEAN frameworks, particularly the ASEAN Free Trade Area.

These agreements have supported rising two-way trade, supply-chain integration and investment flows, positioning Vietnam and the Philippines as increasingly important partners within Southeast Asia’s single market.

Explore starting a business in Vietnam→

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