Net trade in goods and services in Philippines
Philippines: Net trade in goods and services was -53.42 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-53.42 billion BoP, current US$
Change on year
up 2.9%
World rank
198th
of 200 countries
All-time high
1.81 billion BoP, current US$
in 1986
All-time low
-54.99 billion BoP, current US$
in 2024
Years of data
49
1977–2025
Net trade in goods and services in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Philippines recorded -53.42 billion BoP, current US$ for net trade in goods and services in 2025.
That represents a change of up 2.9% on the previous year and down 199.2% over ten years.
Over the whole period, net trade in goods and services in Philippines peaked at 1.81 billion BoP, current US$ in 1986 and was at its lowest, -54.99 billion BoP, current US$, in 2024.
That places Philippines 198th out of 200 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -887.00 million BoP, current US$ | — |
| 1978 | -1.29 billion BoP, current US$ | +45.9% |
| 1979 | -1.65 billion BoP, current US$ | +27.1% |
| 1980 | -1.93 billion BoP, current US$ | +17.4% |
| 1981 | -2.06 billion BoP, current US$ | +6.9% |
| 1982 | -2.67 billion BoP, current US$ | +29.1% |
| 1983 | -2.41 billion BoP, current US$ | -9.7% |
| 1984 | -231.00 million BoP, current US$ | -90.4% |
| 1985 | 886.00 million BoP, current US$ | -483.5% |
| 1986 | 1.81 billion BoP, current US$ | +104.7% |
| 1987 | 173.00 million BoP, current US$ | -90.5% |
| 1988 | 20.00 million BoP, current US$ | -88.4% |
| 1989 | -937.00 million BoP, current US$ | -4785.0% |
| 1990 | -2.54 billion BoP, current US$ | +170.8% |
| 1991 | -1.36 billion BoP, current US$ | -46.4% |
| 1992 | -2.26 billion BoP, current US$ | +66.1% |
| 1993 | -4.64 billion BoP, current US$ | +105.2% |
| 1994 | -5.74 billion BoP, current US$ | +23.6% |
| 1995 | -6.52 billion BoP, current US$ | +13.7% |
| 1996 | -7.82 billion BoP, current US$ | +20.0% |
| 1997 | -10.11 billion BoP, current US$ | +29.2% |
| 1998 | -2.66 billion BoP, current US$ | -73.7% |
| 1999 | -7.60 billion BoP, current US$ | +185.8% |
| 2000 | -7.84 billion BoP, current US$ | +3.2% |
| 2001 | -8.55 billion BoP, current US$ | +9.1% |
| 2002 | -7.53 billion BoP, current US$ | -11.9% |
| 2003 | -7.81 billion BoP, current US$ | +3.7% |
| 2004 | -7.46 billion BoP, current US$ | -4.5% |
| 2005 | -10.00 billion BoP, current US$ | +34.0% |
| 2006 | -6.98 billion BoP, current US$ | -30.2% |
| 2007 | -8.01 billion BoP, current US$ | +14.7% |
| 2008 | -16.68 billion BoP, current US$ | +108.2% |
| 2009 | -8.96 billion BoP, current US$ | -46.3% |
| 2010 | -11.09 billion BoP, current US$ | +23.8% |
| 2011 | -13.87 billion BoP, current US$ | +25.0% |
| 2012 | -12.75 billion BoP, current US$ | -8.1% |
| 2013 | -10.65 billion BoP, current US$ | -16.5% |
| 2014 | -12.75 billion BoP, current US$ | +19.8% |
| 2015 | -17.85 billion BoP, current US$ | +40.0% |
| 2016 | -28.51 billion BoP, current US$ | +59.7% |
| 2017 | -31.52 billion BoP, current US$ | +10.6% |
| 2018 | -39.36 billion BoP, current US$ | +24.9% |
| 2019 | -36.27 billion BoP, current US$ | -7.9% |
| 2020 | -19.91 billion BoP, current US$ | -45.1% |
| 2021 | -38.77 billion BoP, current US$ | +94.7% |
| 2022 | -53.81 billion BoP, current US$ | +38.8% |
| 2023 | -47.85 billion BoP, current US$ | -11.1% |
| 2024 | -54.99 billion BoP, current US$ | +14.9% |
| 2025 | -53.42 billion BoP, current US$ | -2.9% |
Philippines compared with similar countries
- Philippines's -53.42 billion BoP, current US$ is below the median for upper middle income countries, which is -288.45 million BoP, current US$, 185.2× the median. (57 countries reporting)
- Philippines's -53.42 billion BoP, current US$ is below the median for East Asia & Pacific, which is -105.08 million BoP, current US$, 508.4× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | -4785.0% | 20.00 million BoP, current US$ | -937.00 million BoP, current US$ |
| 1985 | +483.5% | -231.00 million BoP, current US$ | 886.00 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.28 billion BoP, current US$ | -1.65 billion BoP, current US$ | -887.00 million BoP, current US$ | 3 |
| 1980s | -734.30 million BoP, current US$ | -2.67 billion BoP, current US$ | 1.81 billion BoP, current US$ | 10 |
| 1990s | -5.12 billion BoP, current US$ | -10.11 billion BoP, current US$ | -1.36 billion BoP, current US$ | 10 |
| 2000s | -8.98 billion BoP, current US$ | -16.68 billion BoP, current US$ | -6.98 billion BoP, current US$ | 10 |
| 2010s | -21.46 billion BoP, current US$ | -39.36 billion BoP, current US$ | -10.65 billion BoP, current US$ | 10 |
| 2020s | -44.79 billion BoP, current US$ | -54.99 billion BoP, current US$ | -19.91 billion BoP, current US$ | 6 |
Countries ranked near Philippines
- 195 Egypt -38.62 billion BoP, current US$ compare
- 196 Ukraine -38.78 billion BoP, current US$ compare
- 197 United Kingdom -50.83 billion BoP, current US$ compare
- 199 India -101.35 billion BoP, current US$ compare
- 200 United States -911.70 billion BoP, current US$ compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Philippines?
- Net trade in goods and services in Philippines was -53.42 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Philippines?
- The highest recorded value was 1.81 billion BoP, current US$ in 1986.
- What is the lowest net trade in goods and services recorded in Philippines?
- The lowest recorded value was -54.99 billion BoP, current US$ in 2024.
- How does Philippines rank for net trade in goods and services?
- Philippines ranks 198th out of 200 countries with data for 2025.
- Is net trade in goods and services rising or falling in Philippines?
- Over the last ten years it is down 199.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.