Philippines trade statistics


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 67,487,668.30 in thousands of US$ and total imports of 115,038,016.45 in thousands of US$ leading to a negative trade balance of -47,550,348.16 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Philippines is 2.11% and the Most Favored Nation (MFN) Weighted Average tariff is 7.12%.The trade growth is 2.84% compared to a world growth of 3.50%. GDP of Philippines is 330,910,343,610 in current US$. Philippines services export is 38,411,675,256 in BoP, current US$ and services import is 26,788,965,530 in Bop, current US$.Philippines exports of goods and services as percentage of GDP is 31.68% and imports of goods and services as percentage of GDP is 44.37%.

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