Philippines Exports  1957-2016 | Data | Chart | Calendar | Forecast | News

Exports from Philippines declined by 11.4 percent to USD 4.76 billion in June of 2016, following a 3.8 percent fall in May and compared to market estimates of a 12.4 percent drop. It was the 15th straight month of decline and the largest drop since March as sales were lower for most categories, including other mineral products (-41.1 percent), machinery and transport equipment (-31.6 percent) and other manufactures (-26.1 percent). Exports of electronic products, the country's top export revenues, also decreased by 5.1 percent. In contrast, outbound shipments rose only for miscellaneous manufactured articles (+137.7 percent). Sales fell to Japan (-23.3 percent), the US (-0.7 percent), China (-14.0 percent), Singapore (-1.1 percent), ASEAN countries (-7.8 percent) and the EU countries (-11.4 percent). In contrast, shipments rose to Hong Kong (+3.2 percent). In the first half of the year, exports were down by 7.5 percent to USD 26.83 billion compared to the same period in 2015. Exports in Philippines averaged 1445209.70 USD Thousand from 1957 until 2016, reaching an all time high of 5931591.34 USD Thousand in May of 2014 and a record low of 23000 USD Thousand in October of 1957. Exports in Philippines is reported by the National Statistics Office of Philippines.

Philippines Exports
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Actual Previous Highest Lowest Dates Unit Frequency
4754420.00 4714690.00 5931591.34 23000.00 1957 - 2016 USD Thousand Monthly
Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca. Philippines's main export partners are: Japan (21 percent), the United States (15 percent), China (12 percent) and Hong Kong (8 percent). This page provides - Philippines Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Exports - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-10 01:00 AM Apr -4.1% -15.1% -1.5% -8.5%
2016-07-12 01:00 AM May -3.8% -4.1% -2.7% -3.3%
2016-08-10 01:00 AM Jun -11.4% -3.8% -12.4% -5.8%
2016-09-09 01:00 AM Jul -11.4%
2016-10-11 01:00 AM Aug
2016-11-10 01:00 AM Sep

Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2098494.00 -2021437.18 1144700.00 -2637938.69 USD Thousand [+]
Exports 4754420.00 4714690.00 5931591.34 23000.00 USD Thousand [+]
Imports 6852910.00 6736128.33 6852910.00 37084.30 USD Thousand [+]
Current Account -145.00 1660.00 3157.13 -1179.40 USD Million [+]
Current Account to GDP 2.90 3.80 5.80 -7.70 percent [+]
External Debt 77474.07 77673.71 79949.42 20893.00 USD Million [+]
Capital Flows 7.32 8.55 93.66 -35.31 USD Million [+]
Remittances 2330000.00 2188361.50 2470164.00 64208.00 USD Thousand [+]
Tourist Arrivals 445449.00 471598.00 553002.00 63628.00 [+]
Gold Reserves 195.91 195.80 274.42 126.89 Tonnes [+]
Terrorism Index 7.27 7.20 7.27 5.78 [+]
Foreign Direct Investment 26005.13 138618.00 230215.00 3959.00 PHP Million [+]
Crude Oil Production 20.00 38.00 40.00 0.79 BBL/D/1K [+]


Last Reference Previous Highest
Imports 6852910.00  USD Thousand Jun/16 6736128.33 6852910.00 [+]
Exports 4754420.00  USD Thousand Jun/16 4714690.00 5931591.34 [+]