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Mar 12, 2024 · 1. Total external trade decreased by 2.1 percent. In January 2024, the country’s total external trade in goods amounted to USD 16.09 billion, which indicates an annual decline of 2.1 percent from the USD 16.44 billion total external trade in the same period of the previous year.
Latest Trends. August, 2021. Overview In August 2021 Philippines exported $6.54B and imported $10.6B, resulting in a negative trade balance of $4.05B. Between August 2020 and August 2021 the exports of Philippines have increased by $1.04B (19%) from $5.5B to $6.54B, while imports increased by $2.8B (35.9%) from $7.8B to $10.6B.
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Jan 27, 2022 · In December 2021, the country’s total external trade in goods amounted to USD 17.75 billion which indicates an annual growth rate of 25.4 percent. In the previous month, the annual increase was slower at 24.0 percent. On the other hand, total external trade in December 2020 recorded a decline of -2.1 percent. (Table A)
Jun 9, 2023 · 1. Total external trade decreased. In April 2023, the country’s total external trade in goods amounted to USD 14.34 billion, which indicates an annual decline of -18.6 percent from its level of USD 17.60 billion in the same period of the previous year.
Service Indicators 2021. Philippines top 5 Export and Import partners. Philippines Exports and Imports of Product Groups. Top 5 Products exports imports at HS 6 digit level. Tariff and Trade Barriers for Philippines. Tariffs 2021. Overall Trade Restrictiveness Index (OTRI) 2009. OTRI » Services Service Policy Restrictive Database (SPRD) SPRD »
For the year as a whole, the Philippines' trade balance was estimated to be negative by 15.6% of GDP by the World Bank. According to preliminary figures from PSA, in 2023, the total value of exports amounted to USD 73.52 billion, marking a 7.6% decrease, whereas imports amounted to USD 125.95 billion, up by 8.2%.
Aug 20, 2021 · MANILA, Philippines — Philippine foreign trade slipped 15 percent last year as the pandemic prompted restrictions across countries that weakened the overall global economy. Based on the...