Net trade in goods in Philippines
Philippines: Net trade in goods was -66.67 billion BoP, current US$ in 2025. ◆ Volatile
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$, in 2022.
Philippines ranks 195th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.20 billion BoP, current US$ | -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
- 192 Spain -55.37 billion BoP, current US$ compare
- 193 Turkey -55.99 billion BoP, current US$ compare
- 194 France -65.53 billion BoP, current US$ compare
- 196 India -310.94 billion BoP, current US$ compare
- 197 United Kingdom -320.41 billion BoP, current US$ compare
- 198 United States -1.24 trillion BoP, current US$ compare
More economy & growth data for Philippines
- External balance on goods and services as a percent of GDP -13.7% (2025)
- Inflation of consumer prices 1.7% (2025)
- GDP per capita 4,066 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.3% (2025)
- Gross domestic product (GDP) 474.84 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,066 constant 2015 US$ (2025)
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (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 195th out of 198 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.
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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.