Plastic Articles Export of Philippines: The Latest Trade Analysis of 2024

The Philippines in Southeast Asia, bordered by Taiwan, Vietnam, Malaysia, and Indonesia in the northwest, southwest, and south directions, have been thriving as top exporter of plastic articles in the international trade market. Philippines Import Data says that the surge in the domestic demand of plastic articles from expanding sectors, with the manufacturing expansion and relocation trends as per the global trade, accompanied by the growing e-commerce and packaging exports, has facilitated the revenue rate. The rise in automotive production has also been substantial for the plastic articles, as both the domestic assembly for export and supply chain growth has contributed to the growth rate of this specific commodity.

The increase in production capacity of the industrial sector, accompanied by the gradually increasing demand from global consumers, has recorded an export rate value of plastic articles worth 2.5 billion US dollars in 2024. The higher domestic production for packaging and the strengthening supply chains, and manufacturing firms’ relocation has contributed to the growth rate. Subscribe to Import Globals, a leading import-export data provider, to keep you up-to-date with the plastic articles exports of the Philippines via its Philippines trade data.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF PLASTIC ARTICLES FROM THE PHILIPPINES IN 2024

The government-implemented initiatives of the Philippines for plastic articles exports have been a supporting structure for the upward trajectory. The Create More Act under the Department of Trade and Industry Export Marketing Bureau has provided small and medium producers of plastic articles with cost advantages while enabling price-competitive export offers, opening up investment opportunities for foreign traders. The PEZA and BOI incentive schemes for export zones have optimized the input cost while streamlining the logistics and increasing the production capacity and export volume as per the global standards.

The digital platforms and the “Usapang exports” have provided small and medium enterprises with market access guidance while improving their trade compliance and visibility to international buyers. The national focus on sustainability and circularity has encouraged the producers of plastic articles to adopt eco-friendly materials for enhancing the appealing markets with strong environmental standards, increasing the competitiveness of the fast-paced global trade.

THE LEADING VARIANTS OF PLASTIC ARTICLES EXPORTED FROM PHILIPPINES IN 2024

The Philippines has shifted its focus of export trade in plastic articles due to the gradually increasing global demand. According to the Philippines Export Data, the top 10 leading variants of plastic articles exported from the nation in 2024 are,

  1. Tableware — The annual valuation of Tableware exported from the Philippines in 2024–657 million US dollars
  2. Plastic packaging articles — The annual valuation of Plastic packaging articles exported from Philippines in 2024–532 million US dollars
  3. Plastic tubes– The annual valuation of Plastic tubes exported from Philippines in 2024–487 million US dollars
  4. Plastic films and sheets — The annual valuation of Plastic films and sheets exported from Philippines in 2024–342 million US dollars
  5. Self-adhesive plastic tapes– The annual valuation of Self-adhesive plastic tapes exported from the Philippines in 2024–276 million US dollars
  6. Plastic builders– The annual valuation of Plastic builders exported from the Philippines in 2024–224 million US dollars
  7. Plastic parts for machinery — The annual valuation of Plastic parts for machinery exported from Philippines in 2024–187 million US dollars
  8. Plastic articles for conveyance– The annual valuation of Plastic articles for conveyance exported from the Philippines in 2024–165 million US dollars
  9. Plastic waste and scrap– The annual valuation of Plastic waste and scrap exported from the Philippines in 2024–124 million US dollars
  10. Decorative plastic items– The annual valuation of Decorative plastic items exported from the Philippines in 2024–108 million US dollars

TOP 10 EXPORT TRADE PARTNERS OF THE PHILIPPINES FOR PLASTIC ARTICLES IN 2024

The stronger integration of the Philippines with the topmost traders worldwide and valuable pricing ranges adopted has led to stronger bilateral relations. According to the Philippines Customs Data, the top 10 export trade partners of the nation for plastic articles in 2024 are,

  1. United States — The total export trade value of plastic articles exported from the Philippines to the United States in 2024–687 million US dollars

Top 5 variants of plastic articles exported

1. Plastic ducts

2. Plastic washers

3. Plastic cable conduits

4. Plastic syringe barrels

5. Plastic laboratory vials

2. Hong Kong — The total export trade value of plastic articles exported from the Philippines to Hong Kong in 2024–543 million US dollars

Top 5 variants of plastic articles exported

1. Plastic spacers

2. Plastic gaskets

3. Plastic safety caps

4. Plastic nuts and bolts

5. Plastic vibration dampers

3. Japan — The total export trade value of plastic articles exported from the Philippines to Japan in 2024–478 million US dollars

Top 5 variants of plastic articles exported

1. Plastic machine housings

2. Plastic gears

3. Plastic insulators

4. Plastic cable ties

5. Plastic wire harnesses

4. China — The total export trade value of plastic articles exported from the Philippines to China in 2024–412 million US dollars

Top 5 variants of plastic articles exported

1. Plastic food wrappers

2. Plastic containers for cosmetics

3. Plastic sealant tubes

4. Plastic tubes for creams

5. Plastic bottle performs

5. South Korea — The total export trade value of plastic articles exported from the Philippines to South Korea in 2024–387 million US dollars

Top 5 variants of plastic articles exported

1. Plastic screw closures

2. Plastic spouts

3. Plastic jerry cans

4. Plastic drums

5. Plastic pouches

6. Singapore — The total export trade value of plastic articles exported from the Philippines to Singapore in 2024–276 million US dollars

Top 5 variants of plastic articles exported

1. Plastic bubble wrap

2. Plastic pallet wraps

3. Plastic blister packs

4. Plastic shrink wrap

5. Plastic bottle caps

7. Netherlands — The total export trade value of plastic articles exported from Philippines to Netherlands in 2024–224 million US dollars

Top 5 variants of plastic articles exported

1. Plastic chopping boards

2. Plastic trash bins

3. Plastic stools

4. Plastic chairs

5. Plastic tables

8. Thailand — The total export trade value of plastic articles exported from the Philippines to Thailand in 2024–187 million US dollars

Top 5 variants of plastic articles exported

1. Plastic pitchers

2. Plastic trays

3. Plastic baskets

4. Plastic laundry hampers

5. Plastic dish racks

9. Germany — The total export trade value of plastic articles exported from the Philippines to Germany in 2024–124 million US dollars

Top 5 variants of plastic articles exported

1. Plastic cups

2. Plastic mugs

3. Plastic storage boxes

4. Plastic food containers

5. Plastic water bottles

10. Malaysia — The total export trade value of plastic articles exported from the Philippines to Malaysia in 2024–98 million US dollars

Top 5 variants of plastic articles exported

1. Plastic plates

2. Plastic bowls

3. Plastic spoons

4. Plastic forks

5. Plastic knives

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