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

Exports from Philippines declined by 4.1 percent year-on-year to USD4.25 billion in April of 2016, following a 15.1 percent fall in March. It is the 13rd straight month of decline and more than market expectations of a 1.5 percent drop. Year-on-year, outbound shipments fell the most for: articles of apparel and clothing accessories (-39.1 percent), followed by chemicals (-9.0 percent) and machinery and transport equipment (-0.9 percent). In contrast, sales rose for: miscellaneous manufactured articles (+50.2 percent), woodcrafts and furniture (+21.9 percent) and electronic equipments (+19.4 percent). Exports of electronic products, the country's top export revenues, also increased by 1.9 percent. Shipments declined to the US (-0.8 percent), China (-15.1 percent) and Hong Kong (-0.4 percent). Due to a very challenging external environment, the government slashed recently its 2016 export growth outlook to 5.0 percent from an earlier projection of 6.0 percent. Exports in Philippines averaged 1435969.96 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
4254219.19 4611340.00 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-12 02:00 AM Feb -4.5% -3.9% -0.3% -2.5%
2016-05-11 01:00 AM Mar -15.1% -4.5% -2.0%
2016-06-10 01:00 AM Apr -4.1% -15.1% -1.5% -8.5%
2016-07-12 01:00 AM May -4.1%
2016-08-10 01:00 AM Jun
2016-09-09 01:00 AM Jul

Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2275000.00 -1747000.00 1144700.00 -2638000.00 USD Thousand [+]
Exports 4254219.19 4611340.00 5931591.34 23000.00 USD Thousand [+]
Imports 6528960.00 6357920.00 6845663.19 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 2210000.00 2425449.60 2470164.00 64208.00 USD Thousand [+]
Tourist Arrivals 471598.00 510270.00 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 6528960.00  USD Thousand Apr/16 6357920.00 6845663.19 [+]
Exports 4254219.19  USD Thousand Apr/16 4611340.00 5931591.34 [+]