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Philippines Trade Balance 1960-2020

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.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Vietnam $8.36B
Congo, Rep. $4.61B
Ghana $0.39B
Djibouti $0.37B
Zambia $0.00B
Sudan $-0.28B
Cabo Verde $-0.29B
Cambodia $-0.37B
Mongolia $-0.43B
Nicaragua $-0.61B
Mauritania $-0.80B
Lesotho $-1.17B
Georgia $-1.57B
Kosovo $-2.24B
Kyrgyz Republic $-2.39B
Bolivia $-2.64B
Cameroon $-2.88B
Moldova $-2.96B
Honduras $-4.05B
Tunisia $-4.22B
El Salvador $-4.89B
Sri Lanka $-5.14B
Indonesia $-5.47B
Uzbekistan $-6.15B
Kenya $-8.92B
Morocco $-10.90B
Ukraine $-12.04B
Bangladesh $-18.50B
Pakistan $-28.38B
Philippines $-44.94B
India $-77.47B
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%