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Why it is free ›Wheat · importers
Cereals are one of the Philippines’ five biggest import chapters, at $5.1B in 2024. That places grain closer to the centre of the economy than in most major importers.
| Market | HS 10 imports |
|---|---|
| China | $14.8B |
| Mexico | $8.0B |
| Egypt | $6.8B |
| Indonesia | $6.8B |
| Japan | $6.7B |
Figures are for the whole of HS chapter 10 (cereals); wheat is only part of it. Source: UN Comtrade, as reported by national authorities; latest available year per market.
The Philippines reports $5.1B for the chapter, 3.8% of its $135.1B import total and fifth among its import chapters. Only electrical machinery, fuels, machinery and vehicles are bigger. For an archipelago that does not produce every staple it consumes, that ranking is understandable, though you should not read reasons into the numbers beyond what they show.
A category this important usually attracts scrutiny from regulators and steady demand from a limited set of processors.
The market ranks 7 of 96 with a 3.4% share of reported world imports of the chapter. Vietnam is above at $5.5B and Saudi Arabia is just below at $5.1B, effectively the same rounded value. A small reporting revision could reorder the two.
So the Philippines belongs to the second group of large buyers, well behind China at $14.8B, yet clearly bigger than most of the 96 ranked markets.
Its largest source markets across all goods are China at $34.5B, Indonesia, Japan, Rep. of Korea and the USA. This is a general trade map, not a wheat one. Its value is showing that Philippine importers are accustomed to Asian sources for many goods, so a seller from further afield has to justify the longer route with quality or reliability.
Shipment records filtered by the wheat heading reveal the real grain origins and the consignees behind them.
Confirm the current import authorisation, quarantine and labelling requirements with the destination customs authority, and check whether the buyer needs any pre-shipment inspection. Fix the Incoterm, currency, payment method and discharge port in writing.
The figure spans all of HS chapter 10, meaning every cereal, so wheat is only a part of the $5.1B. Rankings are the reporter’s own declaration for the latest available year and may be distorted by re-exports or reporting gaps.
Cereals rank fifth among its import chapters and make up 3.8% of the $135.1B total. That is a high placement, behind only electrical machinery, fuels, machinery and vehicles.
Seventh of 96 ranked markets at $5.1B for 2024, between Vietnam at $5.5B and Saudi Arabia at a near-identical $5.1B. The figure covers all cereals.
No, it describes the country's trade in all goods. To see wheat origins you need shipment records filtered to the wheat heading.
Search customs shipment records for the wheat heading. They show consignees, quantities and declared values. Repeat consignees are established buyers, and the free marketplace helps you reach them.
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