Philippines Balance Of TradePhilippines Balance Of TradePhilippines Balance Of Trade

Philippines Balance Of Trade

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Key data points

Last release
Observation period
Mar 2024
Next release
Forecast
Highest
‪1.14 B‬USD on Sep 30, 1999
Lowest
‪−5.99 B‬USD on Aug 31, 2022

About Philippines Balance Of Trade

Category
Trade
Frequency
Monthly
Units
USD
Philippines has been running annual trade deficits due to high imports of raw materials and intermediate goods. In 2013, the biggest trade deficits were recorded with: Taiwan, Saudi Arabia, Thailand and South Korea while the biggest trade surpluses with: Japan, Hong Kong and the United States.