Capital : Manila
Population : 108.10 Million
Language : Filipino and English ( official ); 8 major dialects – Tagalog , Cebuano , Ilocano , Hiligaynon , Bicol , Waray , Pampango and Pangasinan
Industries : Semiconductors and electronics assembly , business process outsourcing , food and beverage manufacturing , construction , electric / gas / water supply , chemical products , radio / television / communications equipment and apparatus , petroleum and fuel , textile and garments , non-metallic minerals , basic metal industries , transport equipment
GDP ( US $ billion ): 501.8
Natural Resources : Petroleum , gold , silver copper , nickel , cobalt , timber , salt
Major Exports : Semi-conductors and electronic products , transport equipment , garments , copper products , petroleum products , coconut oil , fruits
Major Imports : Electronic products , mineral fuels , machinery and transport equipment , iron and steel , textile fabrics , grains , chemicals , plastic
Contact the British Chamber of Commerce Phillipines ( BCCP ):
The Philippines has a population of 107 million people and over 7,100 islands ( World Bank , 2019 ), offering a vast market for UK companies . It offers many export opportunities , and in the year up until March 2019 UK exports to Philippines amounted to £ 731 million ( ONS , 2019 ).
Strong consumer market
Both the Philippines population and economy are growing . It also has a large number of foreign workers . These factors are helping to drive a strong consumer market , and luxury items , real estate and service consumption is growing annually . Western goods and services continue to be popular in the Philippines .
Strong UK presence
The UK was in the top 10 foreign investors in the Philippines from 2015-2018 ( Philippines Statistic Authority , 2019 ). UK business , telecoms and financial services have a strong presence and are well recognised , whilst electrical , machinery and pharmaceutical goods ( amongst a wide range of others ) are the most popular goods .
The government is also actively making it easier to do business in the country , to encourage new business .
Philippines is spreading government and economic activity right across its provinces to become less reliant on its capital city . Infrastructure and transport are being improved , locations to base a business are varied , industries are diverse , and growth outside of the city is encouraged .