Exports in Philippines increased to 5935948.15 USD Thousand in January from 5784379.16 USD Thousand in December of 2023. Exports in Philippines averaged 1950894.50 USD Thousand from 1957 until 2024, reaching an all time high of 7745587.60 USD Thousand in October of 2022 and a record low of 23000.00 USD Thousand in October of 1957. source: Philippine Statistics Authority
Exports in Philippines is expected to be 6500000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Exports is projected to trend around 8600000.00 USD Thousand in 2025, according to our econometric models.
Components | Last | Previous | Unit | Reference |
---|---|---|---|---|
Exports YoY | 9.10 | -0.50 | percent | Jan 2024 |
Related | Last | Previous | Unit | Reference |
---|---|---|---|---|
Balance of Trade | -4221131.98 | -4178122.73 | USD Thousand | Jan 2024 |
Capital Flows | 6.25 | 9.20 | USD Million | Dec 2023 |
Current Account | 106.82 | -636.05 | USD Million | Dec 2023 |
Current Account to GDP | -1.30 | -4.40 | percent of GDP | Dec 2023 |
Exports | 5935948.15 | 5784379.16 | USD Thousand | Jan 2024 |
Exports by Category | ||||
Exports by Country | ||||
External Debt | 125393.69 | 111268.17 | USD Million | Dec 2023 |
Foreign Direct Investment | 826.00 | 1056.00 | USD Million | Dec 2023 |
Gold Reserves | 164.77 | 164.77 | Tonnes | Dec 2023 |
Imports | 10157080.13 | 9962501.89 | USD Thousand | Jan 2024 |
Imports by Category | ||||
Imports by Country | ||||
Imports YoY | -7.60 | -3.50 | percent | Jan 2024 |
Cash Remittances | 2835905.00 | 3280333.50 | USD Thousand | Jan 2024 |
Terrorism Index | 6.33 | 6.79 | Points | Dec 2022 |
Tourist Arrivals | 582332.00 | 574439.00 | Feb 2024 |
Philippines Exports
Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca. Philippines's main export partners are: Japan (21 percent), the United States (15 percent), China (12 percent) and Hong Kong (8 percent).
Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
---|---|---|---|---|---|---|---|---|
5935948.15 | 5784379.16 | 7745587.60 | 23000.00 | 1957 - 2024 | USD Thousand | Monthly |
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United Nations Comtrade Database
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