Net trade in goods in Philippines
Philippines: Net trade in goods was -66.67 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-66.67 billion BoP, current US$
Change on year
up 3.2%
World rank
197th
of 200 countries
All-time high
-28.00 million BoP, current US$
in 1998
All-time low
-69.70 billion BoP, current US$
in 2022
Years of data
49
1977–2025
Net trade in goods in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Philippines recorded -66.67 billion BoP, current US$ for net trade in goods in 2025.
The figure is up 3.2% on the previous year and down 186.0% over ten years.
Over the whole period, net trade in goods in Philippines peaked at -28.00 million BoP, current US$ in 1998 and was at its lowest, -69.70 billion BoP, current US$, in 2022.
Philippines ranks 197th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -764.00 million BoP, current US$ | — |
| 1978 | -1.31 billion BoP, current US$ | +71.1% |
| 1979 | -1.54 billion BoP, current US$ | +17.9% |
| 1980 | -1.94 billion BoP, current US$ | +25.8% |
| 1981 | -2.22 billion BoP, current US$ | +14.7% |
| 1982 | -2.65 billion BoP, current US$ | +19.0% |
| 1983 | -2.48 billion BoP, current US$ | -6.2% |
| 1984 | -679.00 million BoP, current US$ | -72.6% |
| 1985 | -482.00 million BoP, current US$ | -29.0% |
| 1986 | -202.00 million BoP, current US$ | -58.1% |
| 1987 | -1.02 billion BoP, current US$ | +403.5% |
| 1988 | -1.08 billion BoP, current US$ | +6.7% |
| 1989 | -2.60 billion BoP, current US$ | +139.4% |
| 1990 | -4.02 billion BoP, current US$ | +54.7% |
| 1991 | -3.21 billion BoP, current US$ | -20.1% |
| 1992 | -4.70 billion BoP, current US$ | +46.2% |
| 1993 | -6.22 billion BoP, current US$ | +32.5% |
| 1994 | -7.85 billion BoP, current US$ | +26.2% |
| 1995 | -8.94 billion BoP, current US$ | +13.9% |
| 1996 | -11.34 billion BoP, current US$ | +26.8% |
| 1997 | -11.13 billion BoP, current US$ | -1.9% |
| 1998 | -28.00 million BoP, current US$ | -99.7% |
| 1999 | -7.63 billion BoP, current US$ | +27135.7% |
| 2000 | -8.21 billion BoP, current US$ | +7.7% |
| 2001 | -8.07 billion BoP, current US$ | -1.8% |
| 2002 | -7.62 billion BoP, current US$ | -5.5% |
| 2003 | -8.07 billion BoP, current US$ | +5.9% |
| 2004 | -8.34 billion BoP, current US$ | +3.3% |
| 2005 | -12.15 billion BoP, current US$ | +45.6% |
| 2006 | -11.46 billion BoP, current US$ | -5.7% |
| 2007 | -13.97 billion BoP, current US$ | +21.9% |
| 2008 | -18.65 billion BoP, current US$ | +33.5% |
| 2009 | -13.86 billion BoP, current US$ | -25.7% |
| 2010 | -16.86 billion BoP, current US$ | +21.6% |
| 2011 | -20.43 billion BoP, current US$ | +21.2% |
| 2012 | -18.93 billion BoP, current US$ | -7.4% |
| 2013 | -17.66 billion BoP, current US$ | -6.7% |
| 2014 | -17.33 billion BoP, current US$ | -1.9% |
| 2015 | -23.31 billion BoP, current US$ | +34.5% |
| 2016 | -35.55 billion BoP, current US$ | +52.5% |
| 2017 | -40.21 billion BoP, current US$ | +13.1% |
| 2018 | -50.97 billion BoP, current US$ | +26.8% |
| 2019 | -49.31 billion BoP, current US$ | -3.3% |
| 2020 | -33.78 billion BoP, current US$ | -31.5% |
| 2021 | -52.81 billion BoP, current US$ | +56.3% |
| 2022 | -69.70 billion BoP, current US$ | +32.0% |
| 2023 | -66.04 billion BoP, current US$ | -5.3% |
| 2024 | -68.86 billion BoP, current US$ | +4.3% |
| 2025 | -66.67 billion BoP, current US$ | -3.2% |
Philippines compared with similar countries
- Philippines's -66.67 billion BoP, current US$ is below the median for upper middle income countries, which is -544.73 million BoP, current US$, 122.4× the median. (57 countries reporting)
- Philippines's -66.67 billion BoP, current US$ is below the median for East Asia & Pacific, which is -98.47 million BoP, current US$, 677.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | -27135.7% | -28.00 million BoP, current US$ | -7.63 billion BoP, current US$ |
| 1987 | -403.5% | -202.00 million BoP, current US$ | -1.02 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.20 billion BoP, current US$ | -1.54 billion BoP, current US$ | -764.00 million BoP, current US$ | 3 |
| 1980s | -1.54 billion BoP, current US$ | -2.65 billion BoP, current US$ | -202.00 million BoP, current US$ | 10 |
| 1990s | -6.51 billion BoP, current US$ | -11.34 billion BoP, current US$ | -28.00 million BoP, current US$ | 10 |
| 2000s | -11.04 billion BoP, current US$ | -18.65 billion BoP, current US$ | -7.62 billion BoP, current US$ | 10 |
| 2010s | -29.06 billion BoP, current US$ | -50.97 billion BoP, current US$ | -16.86 billion BoP, current US$ | 10 |
| 2020s | -59.64 billion BoP, current US$ | -69.70 billion BoP, current US$ | -33.78 billion BoP, current US$ | 6 |
Countries ranked near Philippines
- 194 Spain -55.37 billion BoP, current US$ compare
- 195 Turkey -55.99 billion BoP, current US$ compare
- 196 France -65.53 billion BoP, current US$ compare
- 198 India -310.94 billion BoP, current US$ compare
- 199 United Kingdom -320.41 billion BoP, current US$ compare
- 200 United States -1.24 trillion 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods in Philippines?
- Net trade in goods in Philippines was -66.67 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Philippines?
- The highest recorded value was -28.00 million BoP, current US$ in 1998.
- What is the lowest net trade in goods recorded in Philippines?
- The lowest recorded value was -69.70 billion BoP, current US$ in 2022.
- How does Philippines rank for net trade in goods?
- Philippines ranks 197th out of 200 countries with data for 2025.
- Is net trade in goods rising or falling in Philippines?
- Over the last ten years it is down 186.0%. 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 (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.