Philippines
U.S. Trade with Philippines in 2024
Export Market Rank
#9 Among U.S. Agricultural Export Markets
Total Export Value
$3.48 Billion
3-Year Average
$3.71 Billion
Compound Average Growth
3.6% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Philippines in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybean Meal | $1.01 Billion | 2.47 Million | $895.65 Million | 60% |
| Wheat | $728.31 Million | 2.67 Million | $711.21 Million | 41% |
| Dairy Products | $364.48 Million | 138,776 | $338.54 Million | 48% |
| Poultry Meat & Prods. (excl. eggs) | $186.8 Million | 163,657 | $124.27 Million | 176% |
| Ethanol (non-bev.) | $138.3 Million | --- | $99.77 Million | 2% |
| Beef & Beef Products | $131.83 Million | 15,640 | $86.63 Million | 107% |
| Pork & Pork Products | $120.18 Million | 59,908 | $114.85 Million | 51% |
| Processed Vegetables | $118.37 Million | 61,156 | $102.56 Million | 34% |
| Food Preparations | $83.14 Million | 12,075 | $86.5 Million | 23% |
| Other Feeds, Meals & Fodders | $63.54 Million | 97,249 | $68.39 Million | 56% |
Data and Analysis
FAS Manila increases its forecast for rough rice and corn production in Marketing Year (MY) 2025/26, supported by favorable weather and continued government support programs. Wetter weather conditions in the third quarter of 2025 and limited access to mechanical dryers have tempered the increase in rice and corn output in MY 2025/26.
FAS Manila forecasts pork production in 2026 at 980 thousand metric tons (TMT) carcass weight equivalent (CWE), a rebound from the estimated production in 2025.
FAS Manila forecasts 2026 chicken meat production at 1.81 million metric tons (MMT) ready-to-cook, a 7 percent increase from the estimated production in 2025.
News and Features
Private exporters reported sales of 185,000 MT of soybean cake and meal for delivery to the Philippines during MY 2025/2026.
Private exporters reported sales of soybean meal to the Philippines and corn to Mexico.
News Release
USDA Welcomes Eight New Foreign Service Officers to Serve American Agriculture Overseas
The U.S. Department of Agriculture’s Trade and Foreign Agricultural Affairs Deputy Under Secretary Michelle Bekkering administered the oath of office to eight USDA employees who will serve American agriculture around the globe as members of the Foreign Service.