Philippines trade statistics

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Exports, Imports, Products, Tariffs, GDP and related Development Indicator.

       

Country ISO3 : PHL Country Code : 608 Income Group : Lower middle income Lending Category : IBRD Region : East Asia & Pacific Currency Unit : Philippine peso WTO Member : Yes

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Product Exports and Imports

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Philippines had a total export of 68,712,611.19 in thousands of US$ and total imports of 101,889,431.97 in thousands of US$ leading to a negative trade balance of -33,176,820.78 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Philippines is 1.66% and the Most Favored Nation (MFN) Weighted Average tariff is 5.72%.The trade growth is 2.81% compared to a world growth of 1.50%. GDP of Philippines is 304,905,406,850 in current US$. Philippines services export is 31,357,240,326 in BoP, current US$ and services import is 24,232,727,884 in Bop, current US$.Philippines exports of goods and services as percentage of GDP is 27.97% and imports of goods and services as percentage of GDP is 36.93%.

Philippines Country Growth v/s World Growth v/s GDP Growth
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