Imports Merchandise, Customs, constant US$, millions in Philippines

Philippines: Imports Merchandise, Customs, constant US$, millions was 120,828 in 2024. ▲ Rising

Latest (2024)
120,828
Change on year
up 1.3%
World rank
34th
of 47 countries
All-time high
128,365
in 2022
All-time low
21,231
in 1991
Years of data
34
1991–2024

Imports Merchandise, Customs, constant US$, millions in Philippines, 1991–2024

25.0k50.0k75.0k100.0k125.0k1991200720241991: 21.2k1992: 23.1k1993: 26.4k1994: 30.2k1995: 34.3k1996: 39.0k1997: 40.9k1998: 36.6k1999: 36.7k2000: 43.8k2001: 46.0k2002: 54.6k2003: 55.7k2004: 57.3k2005: 60.1k2006: 59.5k2007: 57.8k2008: 55.3k2009: 47.4k2010: 57.0k2011: 58.1k2012: 59.4k2013: 60.4k2014: 65.4k2015: 74.8k2016: 92.0k2017: 106.8k2018: 125.4k2019: 120.9k2020: 97.3k2021: 114.9k2022: 128.4k2023: 119.2k2024: 120.8k

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

Analysis

In 2024, imports merchandise, customs, constant us$, millions in Philippines stood at 120,828.

Compared with earlier readings it is up 1.3% on the previous year and up 84.9% over ten years.

Over the whole period, imports merchandise, customs, constant us$, millions in Philippines peaked at 128,365 in 2022 and was at its lowest, 21,231, in 1991.

Philippines ranks 34th of 47 countries on this measure, 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 32,058 21,231 40,894 9
2000s 53,763 43,812 60,145 10
2010s 82,012 56,988 125,369 10
2020s 116,119 97,301 128,365 5

Countries ranked near Philippines

  1. 31 Hungary 165,083 compare
  2. 32 Denmark 134,559 compare
  3. 33 Slovakia 131,814 compare
  4. 35 Bulgaria 107,111 compare
  5. 36 Kazakhstan 99,284 compare
  6. 37 Norway 94,800 compare

See the full ranking of 54 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is imports merchandise, customs, constant us$, millions in Philippines?
Imports merchandise, customs, constant us$, millions in Philippines was 120,828 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, constant us$, millions recorded in Philippines?
The highest recorded value was 128,365 in 2022.
What is the lowest imports merchandise, customs, constant us$, millions recorded in Philippines?
The lowest recorded value was 21,231 in 1991.
How does Philippines rank for imports merchandise, customs, constant us$, millions?
Philippines ranks 34th out of 47 countries with data for 2024.
Is imports merchandise, customs, constant us$, millions rising or falling in Philippines?
Over the last ten years it is up 84.9%. 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 Imports Merchandise, Customs, constant US$, millions. Statizoid updates them automatically from the source API.

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About this data

Indicator
Imports Merchandise, Customs, constant US$, millions
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 1,507 data points, 1991–2024
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, not seasonally adjusted. The base year is 2005.