The net trade in goods and services in the Philippines decreased by 15 billion U.S. dollars in 2022 in comparison to the previous year. The net trade thereby reached its lowest value in recent years. 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. (May 30, 2024). Net trade in goods and services in the Philippines from 2008 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 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 2008 to 2022 (in billion U.S. dollars)." Chart. May 30, 2024. Statista. Accessed July 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 2008 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 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 2008 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 May 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 2008 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/777649/net-trade-in-goods-and-services-philippines/ (last visited July 22, 2024)
Net trade in goods and services in the Philippines from 2008 to 2022 (in billion U.S. dollars) [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/777649/net-trade-in-goods-and-services-philippines/
