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

Exports from Philippines declined by 3.8 percent to USD4.71 billion in May of 2016, following a 4.1 percent fall in April. It was the 14th straight month of decline, driven by lower sales of other mineral products (-43.8 percent), articles of apparel and clothing accessories (-41.7 percent), chemicals (-37.2 percent) and metal components (-14.0 percent). Exports of electronic products, the country's top export revenues, also decreased by 4.0 percent. In contrast, outbound shipments rose for: miscellaneous manufactured articles (+188.6 percent), woodcrafts and furniture (+49.7 percent), machinery and transport equipment (+29.3 percent) and other manufactures (+1.5 percent). Sales fell to the US (-3.7 percent), China (-13.7 percent), Singapore (-15.7 percent), Hong Kong (-2.5 percent), the ASEAN countries (-10.2 percent) and the EU countries (-5.0 percent). In contrast, shipments rose to Japan (+1.5 percent). Exports in Philippines averaged 1445143.78 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
4714690.00 4254219.19 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 -3.8% -4.1% -2.7% -3.3%
2016-08-10 01:00 AM Jun -3.8%
2016-09-09 01:00 AM Jul
2016-10-11 01:00 AM Aug

Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2021440.00 -2274750.00 1144700.00 -2638000.00 USD Thousand [+]
Exports 4714690.00 4254219.19 5931591.34 23000.00 USD Thousand [+]
Imports 6736130.00 6528960.00 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 2188361.50 2213237.60 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 6736130.00  USD Thousand May/16 6528960.00 6845663.19 [+]
Exports 4714690.00  USD Thousand May/16 4254219.19 5931591.34 [+]