Philippines Trade Balance 1960-2021
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Philippines trade balance for 2019 was $-44.94B, a 10.4% increase from 2018.
- Philippines trade balance for 2018 was $-40.71B, a 36.72% increase from 2017.
- Philippines trade balance for 2017 was $-29.77B, a 10.84% increase from 2016.
- Philippines trade balance for 2016 was $-26.86B, a 85.49% increase from 2015.
Philippines Trade Balance - Historical Data |
Year |
Billions of US $ |
% of GDP |
2019 |
$-44.94B |
-11.93% |
2018 |
$-40.71B |
-11.74% |
2017 |
$-29.77B |
-9.06% |
2016 |
$-26.86B |
-8.43% |
2015 |
$-14.48B |
-4.73% |
2014 |
$-8.21B |
-2.76% |
2013 |
$-9.85B |
-3.47% |
2012 |
$-7.62B |
-2.91% |
2011 |
$-6.05B |
-2.59% |
2010 |
$-0.74B |
-0.35% |
2009 |
$-0.79B |
-0.45% |
2008 |
$-1.75B |
-0.97% |
2007 |
$3.72B |
2.38% |
2006 |
$2.09B |
1.64% |
2005 |
$-1.49B |
-1.39% |
2004 |
$-3.30B |
-3.47% |
2003 |
$-2.58B |
-2.96% |
2002 |
$-3.23B |
-3.83% |
2001 |
$-2.04B |
-2.59% |
2000 |
$1.28B |
1.54% |
1999 |
$-3.26B |
-3.93% |
1998 |
$-6.60B |
-9.13% |
1997 |
$-8.51B |
-10.34% |
1996 |
$-7.28B |
-8.79% |
1995 |
$-5.80B |
-7.82% |
1994 |
$-4.04B |
-6.31% |
1993 |
$-4.59B |
-8.45% |
1992 |
$-2.60B |
-4.90% |
1991 |
$-1.36B |
-2.99% |
1990 |
$-2.56B |
-5.77% |
1989 |
$-0.92B |
-2.16% |
1988 |
$0.55B |
1.45% |
1987 |
$0.14B |
0.42% |
1986 |
$1.18B |
3.95% |
1985 |
$0.65B |
2.12% |
1984 |
$-0.33B |
-1.05% |
1983 |
$-2.24B |
-6.74% |
1982 |
$-2.15B |
-5.80% |
1981 |
$-1.19B |
-3.34% |
1980 |
$-1.59B |
-4.90% |
1979 |
$-1.40B |
-5.08% |
1978 |
$-0.97B |
-4.27% |
1977 |
$-0.60B |
-3.07% |
1976 |
$-1.01B |
-5.92% |
1975 |
$-0.91B |
-6.09% |
1974 |
$-0.32B |
-2.33% |
1973 |
$0.49B |
4.88% |
1972 |
$0.02B |
0.21% |
1971 |
$0.00B |
0.04% |
1970 |
$0.04B |
0.53% |
1969 |
$-0.26B |
-3.05% |
1968 |
$-0.20B |
-2.59% |
1967 |
$-0.04B |
-0.64% |
1966 |
$0.14B |
2.15% |
1965 |
$0.02B |
0.42% |
1964 |
$-0.02B |
-0.31% |
1963 |
$0.08B |
1.66% |
1962 |
$-0.10B |
-2.29% |
1961 |
$-0.10B |
-1.43% |
1960 |
$0.03B |
0.47% |