(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
Philippines: Trade balance, billion USD
For that indicator, we provide data for the Philippines from 1977 to 2018. The average value for the Philippines during that period was -7.87 billion U.S. dollars with a minimum of -39.35 billion U.S. dollars in 2018 and a maximum of 1.81 billion U.S. dollars in 1986.
The latest value from 2018 is -39.35 billion U.S. dollars. For comparison, the world average in 2018 based on 155
countries is 2596147531.27 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.