Exports Merchandise, Customs, current US$, millions, seas. adj. in Philippines

Philippines: Exports Merchandise, Customs, current US$, millions, seas. adj. was 73,424 in 2024. ▲ Rising

Latest (2024)
73,424
Change on year
down 0.2%
World rank
43rd
of 127 countries
All-time high
79,668
in 2022
All-time low
8,758
in 1991
Years of data
34
1991–2024

Exports Merchandise, Customs, current US$, millions, seas. adj. in Philippines, 1991–2024

020.0k40.0k60.0k80.0k1991200720241991: 8.8k1992: 9.7k1993: 11.3k1994: 13.4k1995: 17.4k1996: 20.5k1997: 25.2k1998: 29.5k1999: 34.9k2000: 38.0k2001: 32.2k2002: 35.2k2003: 36.2k2004: 39.7k2005: 41.3k2006: 47.4k2007: 50.6k2008: 49.1k2009: 38.5k2010: 51.5k2011: 48.4k2012: 52.1k2013: 56.7k2014: 62.0k2015: 58.8k2016: 57.4k2017: 68.7k2018: 69.2k2019: 70.8k2020: 65.1k2021: 74.7k2022: 79.7k2023: 73.6k2024: 73.4k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

Philippines recorded 73,424 for exports merchandise, customs, current us$, millions, seas. adj. in 2024.

Compared with earlier readings it is down 0.2% on the previous year and up 18.5% over ten years.

Over the whole period, exports merchandise, customs, current us$, millions, seas. adj. in Philippines peaked at 79,668 in 2022 and was at its lowest, 8,758, in 1991.

That places Philippines 43rd out of 127 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 18,961 8,758 34,919 9
2000s 40,833 32,206 50,580 10
2010s 59,558 48,382 70,816 10
2020s 73,303 65,140 79,668 5

Countries ranked near Philippines

  1. 40 Argentina 79,704 compare
  2. 41 Finland 78,214 compare
  3. 42 Peru 76,050 compare
  4. 44 Oman 65,105 compare
  5. 45 Israel 56,634 compare
  6. 46 Greece 54,114 compare

See the full ranking of 137 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is exports merchandise, customs, current us$, millions, seas. adj. in Philippines?
Exports merchandise, customs, current us$, millions, seas. adj. in Philippines was 73,424 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exports merchandise, customs, current us$, millions, seas. adj. recorded in Philippines?
The highest recorded value was 79,668 in 2022.
What is the lowest exports merchandise, customs, current us$, millions, seas. adj. recorded in Philippines?
The lowest recorded value was 8,758 in 1991.
How does Philippines rank for exports merchandise, customs, current us$, millions, seas. adj.?
Philippines ranks 43rd out of 127 countries with data for 2024.
Is exports merchandise, customs, current us$, millions, seas. adj. rising or falling in Philippines?
Over the last ten years it is up 18.5%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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About this data

Indicator
Exports Merchandise, Customs, current US$, millions, seas. adj.
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 4,206 data points, 1991–2024
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, seasonally adjusted.