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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 Thousand | 1957 - 2020 | National 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
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Jan 10, 2020 | 02:06 | Philippines Trade Gap Narrows in November |
| Dec 10, 2019 | 05:32 | Philippines Trade Gap Narrows in October |
| Nov 6, 2019 | 10:33 | Philippines Trade Gap Narrows in September |
| Oct 10, 2019 | 11:47 | Philippines Trade Gap Narrows in August |
| Sep 10, 2019 | 09:49 | Philippines Trade Gap Narrows in July |
| Aug 7, 2019 | 02:24 | Philippines Posts Smallest Trade Gap in 15 Months |
| Jul 10, 2019 | 02:35 | Philippines Trade Gap Narrows in May |
A Look at the Markets
Educational Pieces on Marco Indicators
all education articles
Philippines trade Indicators
All Philippines indicatorsIndicator | 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 Million | Monthly | 2005 - 2019 |
| Crude Oil Production | 15 Nov 2019 | 15 Oct 2019 | 1 Apr 2001 | 38 Dec 2014 | BBL/D/1K | Monthly | 1994 - 2019 |
| Current Account | 1,217.66 Dec 2019 | -706.72 Nov 2019 | -1,409.65 Oct 2018 | 1,810.97 Jun 2014 | USD Million | Monthly | 1980 - 2019 |
| Current Account to GDP | 2.2 Dec 2019 | -0.7 Dec 2018 | -7.7 Dec 1980 | 5.8 Dec 2009 | % | Yearly | 1980 - 2019 |
| External Debt | 83,617.93 Dec 2019 | 78,959.57 Dec 2018 | 20,893 Dec 1981 | 83,617.93 Dec 2019 | USD Million | Yearly | 1981 - 2019 |
| Foreign Direct Investment | 1,153 Dec 2019 | 623 Nov 2019 | -396 Jun 2007 | 2,256 Apr 2016 | USD Million | Monthly | 2005 - 2019 |
Balance of Trade across Asia
Balance of Trade global viewCountry | 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 Million | Yearly | 2003 - 2019 |
| Azerbaijan | 1,636,262.1 Dec 2019 | 2,008,164.7 Sep 2019 | -306,551 Dec 1998 | 8,201,764 Jun 2008 | USD Thousand | Quarterly | 1998 - 2019 |
| Bangladesh | -135.7 Jan 2020 | -143.8 Dec 2019 | -209.8 May 2018 | 0 Aug 1992 | BDT Billion | Monthly | 1976 - 2020 |
| Bhutan | -8,927.7 Jun 2019 | -8,958 Mar 2019 | -12,698.1 Dec 2015 | 3,469.8 Dec 2007 | BTN Million | Quarterly | 1991 - 2019 |
| Brunei | 210.3 Dec 2019 | 140.7 Nov 2019 | 34.1 Jul 2015 | 2,971.45 Sep 2008 | BND Million | Monthly | 2005 - 2019 |
| Cambodia | -1,422.4 Sep 2019 | -621.1 Aug 2019 | -3,753 Dec 2013 | 363.2 Aug 2017 | KHR Billion | Monthly | 2009 - 2019 |
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