Philippines Exports  1957-2017 | Data | Chart | Calendar | Forecast | News

Exports from Philippines declined by 7.5 percent from a year ago to USD 4.73 billion in November of 2016, following a 3.7 percent growth in October. It was the first drop in three months, as sales declined the most for: woodcraft and furniture (-28.9 percent), chemicals (-26.2 percent) and machinery & transport equipment (-25.4 percent). In contrast, exports went up for: coconut oil (+44 percent), other mineral products (+39 percent) and other manufactures (+3 percent). Outbound shipments fell to the US (-13.5 percent), Singapore (-8.6 percent) and the ASEAN countries (-1.3 percent). Those to Japan, the country's top export destination also dropped by 21.8 percent. In contrast, sales went up to China (+5.2 percent) and Hong Kong (+4.7 percent). Exports in Philippines averaged 1464619.88 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.

Philippines Exports
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-10 01:00 AM Sep 5.1% -4.4%
2016-12-09 01:00 AM Oct 3.7% 5.1%
2017-01-10 01:00 AM Nov -7.5% 3.7%
2017-02-10 01:00 AM Dec -7.5%
2017-03-10 01:00 AM Jan
2017-04-11 01:00 AM Feb




Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2566000.00 -2163034.12 1144700.00 -2637938.69 USD Thousand [+]
Exports 4732350.00 4757921.31 5931591.34 23000.00 USD Thousand [+]
Imports 7297950.00 6920955.43 7297950.00 37084.30 USD Thousand [+]
Current Account 567.04 366.99 1810.97 -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 9.94 10.46 93.66 -35.31 USD Million [+]
Remittances 2217000.00 2090000.00 2470164.00 64208.00 USD Thousand [+]
Tourist Arrivals 443025.00 422943.00 560872.00 63628.00 [+]
Gold Reserves 196.18 196.18 274.42 126.89 Tonnes [+]
Terrorism Index 7.10 7.27 7.27 5.78 [+]
Foreign Direct Investment 26710.80 40390.70 230215.40 3959.10 PHP Million [+]
Crude Oil Production 25.00 25.00 40.00 0.79 BBL/D/1K [+]



Philippines Exports Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4732350.00 4757921.31 5931591.34 23000.00 1957 - 2016 USD Thousand Monthly



Last Reference Previous Highest
Imports 7297950.00  USD Thousand Nov/16 6920955.43 7297950.00 [+]
Exports 4732350.00  USD Thousand Nov/16 4757921.31 5931591.34 [+]