Foreign Trade

Highlights of Foreign Trade Statistics of the Philippines : First Semester 2017

The country’s total external trade in goods was recorded at $75.586 billion, expanding by 15.3 percent from $65.579 billion in 2016. Total imports payments went up by 14.3 percent to $44.302 billion in 2017 from $38.746 billion in 2016, whereas, total export receipts grew by 16.6 percent to $31.284 billion in 2017 from $26.832 billion in 2016.

Foreign Trade Statistics of the Philippines: 2015

The country’s total external trade in goods in 2015 reached $129.894 billion, expanding by 1.9 percent from $127.500 billion in 2014. The positive growth of the external trade was due to the increase of inward trading of goods. Total imports went up by 8.7 percent to $71.067 billion in 2015 from $65.398 billion in 2014. However, total export receipts decreased by 5.3 percent from $62.102 billion in 2014 to $58.827 billion in 2015.

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