🇵🇭 Philippines vs 🇻🇳 Vietnam Tariffs — Import Duty Comparison (2026)

Philippines and Vietnam are both significant US trading partners, but their tariff profiles differ in important ways that affect import costs.

Both countries face the same base tariff rate of 10% on most goods entering the United States.

Both countries export Electronics, Machinery to the United States, creating direct competition in these sectors.

In terms of trade volume, Philippines accounts for approximately $24B in bilateral trade with the US, compared to Vietnam's $127B.

Both countries are subject to the 10% Section 122 tariff imposed on February 24, 2026, following the Supreme Court's ruling striking down IEEPA tariffs. This rate expires approximately July 24, 2026 unless Congress extends it.

Philippines's advantages include: Unique export categories: Semiconductors, Coconut oil, Fruits. Vietnam's advantages include: Higher US trade volume ($127B vs $24B); Unique export categories: Textiles, Footwear, Furniture.

With equivalent base tariff rates, the choice between Philippines and Vietnam depends primarily on product-specific duties, shipping costs, lead times, and supply chain considerations rather than the base tariff rate.