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 70,926,674.49 in thousands of US$ and total imports of 117,247,264.76 in thousands of US$ leading to a negative trade balance of -46,320,590.27 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Philippines is 1.68% and the Most Favored Nation (MFN) Weighted Average tariff is 5.95%.The trade growth is -0.72% compared to a world growth of -1.13%. GDP of Philippines is 376,823,278,560.85 in current US$. Philippines services export is 41,264,018,636.13 in BoP, current US$ and services import is 28,224,651,933.72 in Bop, current US$.Philippines exports of goods and services as percentage of GDP is 28.38% and imports of goods and services as percentage of GDP is 40.46%.

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