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 72,923,284.86 in thousands of US$ and total imports of 133,751,638.77 in thousands of US$ leading to a negative trade balance of -60,828,353.91 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Philippines is 1.96% and the Most Favored Nation (MFN) Weighted Average tariff is 7.44%.The trade growth is -9.58% compared to a world growth of -3.13%. GDP of Philippines is 437,055,627,244.42 in current US$. Philippines services export is 48,331,841,173.50 in BoP, current US$ and services import is 30,148,890,490.07 in Bop, current US$.Philippines exports of goods and services as percentage of GDP is 26.64% and imports of goods and services as percentage of GDP is 40.78%.

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