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 78,928,518.09 in thousands of US$ and total imports of 145,880,017.85 in thousands of US$ leading to a negative trade balance of -66,951,499.76 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Philippines is 1.76% and the Most Favored Nation (MFN) Weighted Average tariff is 6.05%.The trade growth is 7.01% compared to a world growth of 5.18%. GDP of Philippines is 404,284,327,311.71 in current US$. Philippines services export is 41,070,063,157.96 in BoP, current US$ and services import is 25,438,718,587.71 in Bop, current US$.Philippines exports of goods and services as percentage of GDP is 28.39% and imports of goods and services as percentage of GDP is 44.03%.

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