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Philippines Balance of Trade

Last Release
Mar 2020
Actual
-2380460 USD Thousand
Forecast
-4099999999.9999995 USD Thousand
Previous
-1656183.684 USD Thousand
Frequency
Monthly
Units In
USD Thousand
Next Release
Jun 10, 2020
Time to Release
5 Days 5 Hours
Highest
Lowest
Average
Date Range
Source
1144700 USD Thousand
Sep 1999
-4415446.661 USD Thousand
Oct 2018
-420,223.23 USD Thousand1957 - 2020National Statistics Office of Philippines
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.

Latest Updates

The Philippine's trade deficit decreased to USD 3.34 billion in November of 2019 from USD 4.07 billion in the same month a year earlier, as exports shrank 0.7 percent year-on-year to USD 5.59 billion, while imports dropped at a faster 8 percent to USD 8.94 billion.

Philippines Balance of Trade History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Jan 10, 202002:06Philippines Trade Gap Narrows in November
Dec 10, 201905:32Philippines Trade Gap Narrows in October
Nov 6, 201910:33Philippines Trade Gap Narrows in September
Oct 10, 201911:47Philippines Trade Gap Narrows in August
Sep 10, 201909:49Philippines Trade Gap Narrows in July
Aug 7, 201902:24Philippines Posts Smallest Trade Gap in 15 Months
Jul 10, 201902:35Philippines Trade Gap Narrows in May

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Educational Pieces on Marco Indicators

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Philippines trade Indicators

All Philippines indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Capital Flows
6.56
Dec 2019
5.23
Nov 2019
-35.31
Jun 2007
93.66
Jan 2006
USD MillionMonthly2005 - 2019
Crude Oil Production
15
Nov 2019
15
Oct 2019
1
Apr 2001
38
Dec 2014
BBL/D/1KMonthly1994 - 2019
Current Account
1,217.66
Dec 2019
-706.72
Nov 2019
-1,409.65
Oct 2018
1,810.97
Jun 2014
USD MillionMonthly1980 - 2019
Current Account to GDP
2.2
Dec 2019
-0.7
Dec 2018
-7.7
Dec 1980
5.8
Dec 2009
%Yearly1980 - 2019
External Debt
83,617.93
Dec 2019
78,959.57
Dec 2018
20,893
Dec 1981
83,617.93
Dec 2019
USD MillionYearly1981 - 2019
Foreign Direct Investment
1,153
Dec 2019
623
Nov 2019
-396
Jun 2007
2,256
Apr 2016
USD MillionMonthly2005 - 2019

Balance of Trade across Asia

Balance of Trade global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Afghanistan
-5,912.95
Dec 2019
-6,531.35
Dec 2018
-8,517.9
Dec 2012
-1,660.9
Dec 2005
USD MillionYearly2003 - 2019
Azerbaijan
1,636,262.1
Dec 2019
2,008,164.7
Sep 2019
-306,551
Dec 1998
8,201,764
Jun 2008
USD ThousandQuarterly1998 - 2019
Bangladesh
-135.7
Jan 2020
-143.8
Dec 2019
-209.8
May 2018
0
Aug 1992
BDT BillionMonthly1976 - 2020
Bhutan
-8,927.7
Jun 2019
-8,958
Mar 2019
-12,698.1
Dec 2015
3,469.8
Dec 2007
BTN MillionQuarterly1991 - 2019
Brunei
210.3
Dec 2019
140.7
Nov 2019
34.1
Jul 2015
2,971.45
Sep 2008
BND MillionMonthly2005 - 2019
Cambodia
-1,422.4
Sep 2019
-621.1
Aug 2019
-3,753
Dec 2013
363.2
Aug 2017
KHR BillionMonthly2009 - 2019

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