Trade balance of goods of the Philippines 2023

Published by
Aaron O'Neill,
Sep 27, 2024

The statistic shows the trade balance of goods of the Philippines from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2022, the trade deficit of the Philippines amounted to around 60.06 billion U.S. dollars.

Philippines: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars)

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Release date

April 2024

Region

Philippines

Survey time period

2013 to 2023

Supplementary notes

This statistic has been calculated by Statista using data from the World Trade Organization. The trade balance is the value of goods exports minus the value of goods imported. A positive value indicates a trade surplus, a negative value a trade deficit.

The values have been rounded to provide a better understanding of the statistic.

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