• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 2,023.5mn
Bilateral trade in 2020 - 2021

US$ 335.73mn

FDI inflow in India from April 2000 to March 2021

120,000
PIOs/NRIs currently live in the Philippines

Business

The Philippines has made starting a business easier by abolishing the minimum capital requirement for domestic firms, as per the World Bank

Investment

The Philippines has strengthened minority investor protections by ushering in greater transparency in transactions, as per the World Bank

ASEAN

India and the Philippines have recorded sustained growth in two-way trade and investment owing to drivers such as the India-ASEAN Agreements.

Sectors

The Philippines offers lucrative opportunities in Agricultural trade, Pharmaceuticals, Infrastructure, Renewables, Manufacturing, and Tourism.

Economy

The Philippine's economy is expected to grow by 6 per cent in 2019 and by 6.2 per cent in 2020, as per the Asian Development Bank

India's Exports and Imports to Philippines

Department of Trade & Industry

+632 77913101, 77510384

Visit Website

Trade & Industry Building 361 Senator Gil J. Puyat Avenue, Makati City Metro Manila, Philippines 1200

Philippine International Trading Corporation

+632 818 9801

Visit Website

National Development Company Building 116 Tordesillas Street, Salcedo Village, 1227 Makati City

Philippines Chamber of Commerce

+632 846 8196

Visit Website

PCCI Secretariat Office 3F Commerce and Industry Plaza 1030 Campus Ave. cor. Park Ave. McKinley Town Center, Fort Bonifacio Taguig City, Philippines 1634

Philippine Exporters Confederation, Inc. (PHILEXPORT)

+632-82305555

Visit Website

Philippine Exporters Confederation, Inc. (PHILEXPORT) ITC Complex, Roxas Blvd. cor Sen. Gil Puyat Ave., Pasay City 1300

FICCI

+91-11-23738760/70

Visit Website

Federation House, Tansen Marg, New Delhi, 110001

Embassy of India, Manila, Philippines

+63-2-88430101/02, 88434048

Visit Website

Embassy of India, 2190, Paraiso Street, Dasmarinas Village, Makati City, Metro Manila, Philippines

Commercial Representative

+63-2-88173665

Visit Website

Mr M.S.Patiyal

First Secretary(Commerce)

Opportunities

Agricultural exports

    Ethyl alcohol & oth. spirits, denatured, of any strength (220720)
    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
    Spirits obt. by distilling grape wine/grape marc (220820)

    agriexchange.apeda.gov.in

    Cuts & edible offal of species Gallus domesticus, frozen (020714)
    Edible offal of swine (excl. liver), frozen (020649)
    Meat of bovine animals, frozen, boneless (020230)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)
    Pig fat (020910)

    agriexchange.apeda.gov.in

    Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)

    agriexchange.apeda.gov.in

    Maize (corn), other than seed (100590)
    Malt extract; oth. food preps. of flour/groats/meal/starch/malt extact [see … (190190)
    Malt, not roasted (110710)
    Other wheat and meslin (100199)
    Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
    Wheat/meslin flour (110100)

    agriexchange.apeda.gov.in

    CHMCLY PURE GLUCOS AND ITS SYRP WITHOUT OR WITH < 20% BY WGT OF FRACTOS IN DRY STATE (170230)
    Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
    Cocoa powder, not cont. added sugar/oth. sweetening matter (180500)

    agriexchange.apeda.gov.in

    Buttermilk/curdled milk & cream/kephir & oth. fermented/acidified milk & cr … (040390)
    Fats & oils derived from milk, other than butter & dairy spreads (040590)
    Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
    Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)

    agriexchange.apeda.gov.in

    Uncooked pasta, not stuffed/othw. prepd., cont. eggs (190211)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Other fructose and fructose syrup, containing in the dry state more than 50% by weight of fructose, excluding inv (170260)
    Preparations for infant use, put up for RS (190110)
    Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)
    Whey & modified whey, whether or not concentrated/sweetened (040410)

    agriexchange.apeda.gov.in

    Apples, fresh (080810)
    Grapes, fresh (080610)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)

    agriexchange.apeda.gov.in

    Fish fillet; frozen, catfish (Pangasius spp, Silurus spp., Clarias spp., Ictalurus spp.) (030462)
    Fish; frozen, mackerel, excluding fillet, livers, roes, and other fish meat of heading 0304 (030354)
    Fish; frozen, skipjack or stripe-bellied bonito, excluding fillets, livbers, roes, and other fish meat of heading 0304 (030343)
    Fish; frozen, yellowfin tunas (Thunnus albacares), excluding fillet, livers, roes, and other fish meat of heading 0304 (030342)
    Mulluscs; cuttle fish and squid, whether in shell or not, frozen, dried, salted, in brine, or smoked, cooked or not before or during the smoking process (030749)

    fishexchange.mpeda.gov.in
Minerals

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Philippines
  • Electrical and electronic machinery and equipment; boilers & mechanical appliances etc
  • Vehicles
  • Animal & Vegetable fats
  • Paper products
  • Organic chemicals
  • Fertilizers
  • Inorganic chemicals
  • Optical photographic instruments
  • Rubber and articles thereof
  • Iron and steel
India's top export to Philippines
  • Vehicles and parts and accessories iron, steel and cotton
  • Pharmaceutical products
  • Mineral Oils
  • Frozen buffalo meat
  • Boilers & Mechanical appliances
  • Cereals. rubber & rubber products
  • Oil seeds and oleo
  • Electrical & electronic machinery and equipment
  • Organic chemicals
  • Iron, steel and cotton

Bilateral Investors

Country News

India and Philippines are Delving deeper into the Blue Economy

May 30, 2021

In a bid to bolster Indo-Philippines cooperation in the Blue …

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India-Japan-Australia Supply Chain looks to include ASEAN nations

April 28, 2021

During the launch of the Supply Chain Resilience Initiative (SCRI) …

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ADB, India sign US$231mn loan towards power generation in Assam

January 1, 2021

The Government of India continues to work closely with the …

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