The value of merchandise exports from Philippines totalled $ 72 billion in 2023. Overall commodity exports from Philippines decreased by 7.6% compared to 2022. Merchandise exports decreased by $ 6 billion (the value of merchandise exports from Philippines amounted to $78 billion in 2022)
Top export destinations of commodities from Philippines in 2023:
Philippines's Top Exports in 2023:
The value of merchandise imports to Philippines totalled $ 133 billion in 2023. Overall commodity imports to Philippines decreased by 8.31% compared to 2022. Merchandise imports decreased by $ 12.1 billion (the value of merchandise imports to Philippines was equal to $145 billion in 2022)
Top trading partners (import sources) of Philippines in 2023:
Philippines's Top Imports in 2023: