What are the biggest Import goods of the Philippines?

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The Philippines imports a significant amount of crude oil, refined petroleum products, and other types of mineral fuels.

The Philippines imports a variety of products, some of which are:

Computers, semiconductors, integrated circuits, electrical equipment, and other commodities fall within the category of electronics and electrical machinery, according to Philippines Import Data. To maintain its manufacturing and electronics industries, the Philippines is significantly dependent on imports of electrical goods.

Mineral Fuels and Oils: The Philippines imports a significant amount of crude oil, refined petroleum products, and other types of mineral fuels. Due to the lack of considerable indigenous oil production, the country must rely on these imports to meet its energy needs.

 

Industrial machinery: The Philippines imports a range of industrial machinery and equipment to assist the growth of its infrastructure and manufacturing sector. This category consists of equipment used in construction, agriculture, and other industries.

Cereals and cereal-related products are heavily imported into the nation's cereals to meet its local demand, including wheat, maize, and rice. In the Philippines, rice is a common food and a large import.

 

Iron and steel: To assist its manufacturing and construction industries, the Philippines imports iron and steel products. Several industries, including infrastructure development and shipbuilding, employ these materials.

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