Philippines recorded a trade deficit of 3954035.76 USD Thousand in June of 2025. This dataset provides the latest reported value for - Philippines Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Philippines's Trade Balance

• Philippines's Trade Balance recorded a deficit of 5.1 USD bn in Jan 2025, compared with a deficit of 4.1 USD bn in the previous month
• Philippines's Trade Balance data is updated monthly, available from Jan 1957 to Jan 2025, with an averaged value of -162.0 USD mn
• The data reached an all-time high of 1.1 USD bn in Sep 1999 and a record low of -6.0 USD bn in Aug 2022

CEIC extends history for monthly Trade Balance. Philippine Statistics Authority provides Trade Balance in USD. Trade Balance prior to January 1979 is sourced from the International Monetary Fund.

Further information about Philippines's Trade Balance

• In the latest reports, Philippines's Total Exports reached 6.4 USD bn in Jan 2025, an increase of 10.8% YoY (year-on-year)
• Total Imports recorded 11.5 USD bn in Jan 2025, an increase of 10.8% YoY (year-on-year)

The statistic shows the trade balance of goods of the Philippines from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, the trade deficit of the Philippines amounted to around ***** billion U.S. dollars.

The statistic shows the trade balance of goods (exports minus imports of goods) in the ASEAN countries in Asia from 2013 to 2023. A positive value means a trade surplus, a negative trade balance means a trade deficit. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In 2023, the trade surplus of goods in Brunei amounted to about **** billion U.S. dollars.

Key information about Philippines Total Exports

• Philippines Total Exports recorded 6.4 USD bn in Jan 2025, compared with 5.7 USD bn in the previous month
• Philippines Total Exports data is updated monthly, available from Jan 1979 to Jan 2025, with an averaged value of 2.9 USD bn
• The data reached an all-time high of 7.7 USD bn in Oct 2022 and a record low of 273.5 USD mn in Jan 1979

Philippine Statistics Authority provides monthly Total Exports, FOB, in USD. [COVID-19-IMPACT]


Further information about Philippines Total Exports

• In the latest reports, Philippines Total Exports grew 6.3 % YoY in Jan 2025
• Total Imports recorded 11.5 USD bn in Jan 2025, which registered an increase of 10.8 % year on year
• Philippines Trade Balance recorded a deficit of 5.1 USD bn in Jan 2025

Philippines recorded a Current Account deficit of 1565.22 USD Million in March of 2025. This dataset provides - Philippines Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2022, the ASEAN country which had the highest trade balance of goods was Malaysia, with a trade surplus of approximately ** billion U.S. dollars. Contrastingly, the Philippines had the lowest trade balance in goods, with a trade deficit of about ** billion U.S. dollars in the same year.

Philippines' total Exports in 2024 were valued at US$72.98 Billion, according to the United Nations COMTRADE database on international trade. Philippines' main export partners were: the United States, Japan and Hong Kong. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Optical, photo, technical, medical apparatus. Total Imports were valued at US$134.88 Billion. In 2024, Philippines had a trade deficit of US$61.90 Billion.

Key information about Philippines Total Exports

• Philippines Total Exports expanded 6.3 % YoY in Jan 2025, compared with a decrease of 1.9 % YoY in the previous month
• Philippines Total Exports Growth data is updated monthly, available from Jan 1980 to Jan 2025, with an averaged rate of 7.8 %
• The data reached an all-time high of 74.2 % in Apr 2021 and a record low of -41.3 % in Apr 2020

CEIC calculates Total Exports Growth from monthly Total Exports. Philippine Statistics Authority provides Total Exports, FOB, in USD.


Further information about Philippines Total Exports

• In the latest reports, Philippines Total Exports recorded 6.4 USD bn in Jan 2025
• Total Imports recorded 11.5 USD bn in Jan 2025, which registered an increase of 10.8 % year on year
• Philippines Trade Balance recorded a deficit of 5.1 USD bn in Jan 2025

Key information about Philippines Total Imports Growth

• Philippines Total Imports grew 10.8 % YoY in Jan 2025, compared with a decrease of 1.5 % YoY in the previous month
• Philippines Total Imports Growth data is updated monthly, available from Jan 1980 to Jan 2025, with an averaged rate of 8.9 %
• The data reached an all-time high of 153.2 % in Apr 2021 and a record low of -62.9 % in Apr 2020

CEIC calculates Total Imports Growth from monthly Total Imports. Philippine Statistics Authority provides Total Imports, FOB, in USD.


Further information about Philippines Total Imports Growth

• In the latest reports, Philippines Total Imports recorded 11.5 USD bn in Jan 2025
• Total Exports reached 6.4 USD bn in Jan 2025, which registered an increase of 6.3 % year on year
• Philippines Trade Balance recorded a deficit of 5.1 USD bn in Jan 2025

Key information about Philippines Total Imports

• Philippines Total Imports recorded 11.5 USD bn in Jan 2025, compared with a value of 9.8 USD bn in the previous month
• Philippines Total Imports data is updated monthly, available from Jan 1979 to Jan 2025, with an average number of 3.1 USD bn
• The data reached an all-time high of 12.5 USD bn in Jun 2022 and a record low of 342.8 USD mn in Feb 1985

Philippine Statistics Authority provides monthly Total Imports, FOB, in USD. [COVID-19-IMPACT]


Further information about Philippines Total Imports

• In the latest reports, Philippines Total Imports grew 10.8 % YoY in Jan 2025
• Total Exports grew 6.3 % YoY, to 6.4 USD bn in Jan 2025
• Philippines Trade Balance recorded a deficit of 5.1 USD bn in Jan 2025

Philippines recorded a government budget deficit of 241612 PHP Million in June of 2025. This dataset provides the latest reported value for - Philippines Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Explore the World Competitiveness Ranking dataset for 2016, including key indicators such as GDP per capita, fixed telephone tariffs, and pension funding. Discover insights on social cohesion, scientific research, and digital transformation in various countries.

Social cohesion, The image abroad of your country encourages business development, Scientific articles published by origin of author, International Telecommunication Union, World Telecommunication/ICT Indicators database, Data reproduced with the kind permission of ITU, National sources, Fixed telephone tariffs, GDP (PPP) per capita, Overall, Exports of goods - growth, Pension funding is adequately addressed for the future, Companies are very good at using big data and analytics to support decision-making, Gross fixed capital formation - real growth, Economic Performance, Scientific research legislation, Percentage of GDP, Health infrastructure meets the needs of society, Estimates based on preliminary data for the most recent year., Singapore: including re-exports., Value, Laws relating to scientific research do encourage innovation, % of GDP, Gross Domestic Product (GDP), Health Infrastructure, Digital transformation in companies is generally well understood, Industrial disputes, EE, Female / male ratio, State ownership of enterprises, Total expenditure on R&D (%), Score, Colombia, Estimates for the most recent year., Percentage change, based on US$ values, Number of listed domestic companies, Tax evasion is not a threat to your economy, Scientific articles, Tax evasion, % change, Use of big data and analytics, National sources, Disposable Income, Equal opportunity, Listed domestic companies, Government budget surplus/deficit (%), Pension funding, US$ per capita at purchasing power parity, Estimates; US$ per capita at purchasing power parity, Image abroad or branding, Equal opportunity legislation in your economy encourages economic development, Number, Article counts are from a selection of journals, books, and conference proceedings in S&E from Scopus. Articles are classified by their year of publication and are assigned to a region/country/economy on the basis of the institutional address(es) listed in the article. Articles are credited on a fractional-count basis. The sum of the countries/economies may not add to the world total because of rounding. Some publications have incomplete address information for coauthored publications in the Scopus database. The unassigned category count is the sum of fractional counts for publications that cannot be assigned to a country or economy. Hong Kong: research output items by the higher education institutions funded by the University Grants Committee only., State ownership of enterprises is not a threat to business activities, Protectionism does not impair the conduct of your business, Digital transformation in companies, Total final energy consumption per capita, Social cohesion is high, Rank, MTOE per capita, Percentage change, based on constant prices, US$ billions, National sources, World Trade Organization Statistics database, Rank, Score, Value, World Rankings

Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Mongolia, Netherlands, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Singapore, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United Kingdom, Venezuela

Follow data.kapsarc.org for timely data to advance energy economics research.

Philippines' total Imports in 2024 were valued at US$134.88 Billion, according to the United Nations COMTRADE database on international trade. Philippines' main import partners were: China, Indonesia and Japan. The top three import commodities were: Electrical, electronic equipment; Mineral fuels, oils, distillation products and Machinery, nuclear reactors, boilers. Total Exports were valued at US$72.98 Billion. In 2024, Philippines had a trade deficit of US$61.90 Billion.

Philippines recorded a Current Account deficit of 3.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Philippines Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Philippines recorded a Government Budget deficit equal to 5.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Philippines Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vanuatu's total Exports in 2011 were valued at US$63.53 Million, according to the United Nations COMTRADE database on international trade. Vanuatu's main export partners were: Malaysia, Philippines and New Zealand. The top three export commodities were: Oil seed, oleagic fruits, grain, seed, fruits; Animal, vegetable fats and oils, cleavage products and Fish, crustaceans, molluscs, aquatics invertebrates. Total Imports were valued at US$280.65 Million. In 2011, Vanuatu had a trade deficit of US$217.11 Million.