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Trade & investment · East Asia & Pacific · Upper-middle income
Philippines: trade and investment
Exports is 26.6% (2025), 122nd of 184 in the world and 18th of 32 in East Asia & Pacific. Imports is 40.2% (2025), 104th of 184 in the world and 26th of 32 in East Asia & Pacific. Trade openness is 66.8% (2025), 118th of 184 in the world and 25th of 32 in East Asia & Pacific.
13 indicators
Trade & investment: Philippines in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 26.6%2025 | 122/184 | 18/32 | 43.3% | 32.9% | 25.2% | −0.7 ppsince 2015 | 32.5% | 25.9% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 40.2%2025 | 104/184 | 26/32 | 41.8% | 33.2% | 33.0% | +8.3 ppsince 2015 | 28.5% | 23.8% | 28.5% | |
| Trade opennessTrade, % of GDP | 66.8%2025 | 118/184 | 25/32 | 85.2% | 66.1% | 58.2% | +7.7 ppsince 2015 | 63.8% | 48.9% | 68.5% | |
| Current accountCurrent account balance, % of GDP | -3.5%2025 | 114/185 | 19/29 | -2.7% | 3.4% | 3.2% | −5.8 ppsince 2015 | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $83.7bn2025 | 47/206 | 11/37 | $38.1bn | $51.5bn | $63.9bn | +42%since 2015 | $9.2tn | $7.7tn | $26.4tn | |
| High-tech exportsHigh-technology exports, % of manufactured exports | 60.4%2024 | 4/170 | 3/25 | · | · | 67.0% | — | 34.6% | 23.2% | 24.7% | |
| Fuel exportsFuel exports, % of merchandise exports | 1.0%2025 | 121/172 | 16/25 | 1.3% | 2.1% | 1.1% | −0.4 ppsince 2015 | 4.2% | 5.2% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 10.8%2025 | 113/172 | 14/25 | 4.8% | 7.3% | 9.3% | +3.1 ppsince 2015 | 4.4% | 9.0% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 1.8%2022 | 132/184 | 19/29 | 3.8% | 4.0% | 1.7% | −0.1 ppsince 2012 | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | 1.7%2025 | 118/197 | 18/32 | 1.8% | 0.5% | 1.9% | −0.2 ppsince 2015 | 1.7% | 1.1% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 8.5%2025 | 34/178 | 6/26 | 8.3% | 10.3% | 9.6% | −1.2 ppsince 2015 | 0.4% | 1.0% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 1.5m2020 | 81/196 | 12/35 | 2.0m | 3.5m | 1.5m | −58%since 2010 | 491m | 573m | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $2.8bn2020 | 42/177 | 12/31 | $2.3bn | $3.4bn | $2.8bn | −20%since 2010 | — | — | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours
Philippines and its neighbours
Countries sharing a land border with Philippines. Latest values since 2005; the highest in each row is marked.
| Indicator | Philippines | China | Indonesia | Japan | Malaysia | Palau |
|---|---|---|---|---|---|---|
| Exports | 26.6%2025 | 21.1%2025 | 22.8%2025 | 22.0%2024 | 71.0%2025 | 32.7%2024 |
| Imports | 40.2%2025 | 16.9%2025 | 20.5%2025 | 22.9%2024 | 65.4%2025 | 73.1%2024 |
| Trade openness | 66.8%2025 | 38.0%2025 | 43.4%2025 | 44.9%2024 | 136.4%2025 | 105.8%2024 |
| Current account | -3.5%2025 | 3.8%2025 | -0.1%2025 | 4.9%2025 | 1.6%2025 | -48.6%2023 |
| Merchandise exports | $83.7bn2025 | $3.8tn2025 | $283bn2025 | $738bn2025 | $376bn2025 | $3.0m2025 |
| High-tech exports | 60.4%2024 | 26.3%2024 | 8.7%2024 | 17.6%2024 | 58.6%2024 | 51.7%2018 |
| Fuel exports | 1.0%2025 | 1.4%2025 | 16.0%2025 | 1.2%2025 | 11.2%2025 | 0.5%2017 |
| Food exports | 10.8%2025 | 2.3%2025 | 22.9%2025 | 1.3%2025 | 10.4%2025 | 88.7%2018 |
| Average tariff | 1.8%2022 | 2.2%2022 | 1.8%2022 | 1.6%2022 | 3.4%2022 | 9.5%2021 |