The net trade in goods and services in the Philippines increased by 7.1 billion U.S. dollars in 2023 in comparison to the previous year. In total, the net trade amounted to -46.67 billion U.S. dollars in 2023. This increase was preceded by a declining net trade. Net trade in goods and services is calculated from the difference between imports and exports of goods and services. This comprises of all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world.
Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world.
The source does not provide an exact publication date. The release date is the same as the accessed date.
Figures prior to 2010 came from previous reporting.
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World Bank. (October 24, 2024). Net trade in goods and services in the Philippines from 2009 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/777649/net-trade-in-goods-and-services-philippines/
World Bank. "Net trade in goods and services in the Philippines from 2009 to 2023 (in billion U.S. dollars)." Chart. October 24, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/777649/net-trade-in-goods-and-services-philippines/
World Bank. (2024). Net trade in goods and services in the Philippines from 2009 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/777649/net-trade-in-goods-and-services-philippines/
World Bank. "Net Trade in Goods and Services in The Philippines from 2009 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/777649/net-trade-in-goods-and-services-philippines/
World Bank, Net trade in goods and services in the Philippines from 2009 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/777649/net-trade-in-goods-and-services-philippines/ (last visited November 22, 2024)
Net trade in goods and services in the Philippines from 2009 to 2023 (in billion U.S. dollars) [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/777649/net-trade-in-goods-and-services-philippines/
