Merchandise exports to low- and middle-income economies in East Asia in Philippines
Philippines: Merchandise exports to low- and middle-income economies in East Asia was 25.1% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in East Asia in Philippines, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Philippines recorded 25.1% for merchandise exports to low- and middle-income economies in east asia in 2023.
That represents a change of up 1.3% on the previous year and up 20.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in east asia in Philippines peaked at 26.1% in 2021 and was at its lowest, 0.0%, in 1960.
Philippines ranks 43rd of 206 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in East Asia in Philippines, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.1% | +63.7% |
| 1962 | 0.1% | +45.9% |
| 1963 | 0.2% | +143.4% |
| 1964 | 0.2% | -1.6% |
| 1965 | 0.1% | -70.0% |
| 1966 | 0.9% | +1340.3% |
| 1967 | 2.6% | +176.2% |
| 1968 | 1.2% | -55.5% |
| 1969 | 4.5% | +283.5% |
| 1970 | 0.8% | -82.6% |
| 1971 | 1.0% | +29.5% |
| 1972 | 1.2% | +19.0% |
| 1973 | 2.1% | +75.7% |
| 1974 | 1.3% | -39.8% |
| 1975 | 2.3% | +85.4% |
| 1976 | 2.6% | +10.7% |
| 1977 | 5.4% | +107.0% |
| 1978 | 5.7% | +5.4% |
| 1979 | 4.0% | -29.2% |
| 1980 | 5.9% | +46.9% |
| 1981 | 6.9% | +16.6% |
| 1982 | 7.7% | +12.1% |
| 1983 | 5.2% | -32.9% |
| 1984 | 5.1% | -1.2% |
| 1985 | 8.1% | +58.0% |
| 1986 | 6.4% | -21.1% |
| 1987 | 7.3% | +14.8% |
| 1988 | 5.0% | -31.7% |
| 1989 | 4.9% | -1.0% |
| 1990 | 5.2% | +5.7% |
| 1991 | 6.2% | +18.4% |
| 1992 | 4.3% | -30.6% |
| 1993 | 5.3% | +22.5% |
| 1994 | 6.7% | +27.2% |
| 1995 | 9.2% | +37.2% |
| 1996 | 9.1% | -0.3% |
| 1997 | 8.4% | -8.6% |
| 1998 | 7.9% | -5.1% |
| 1999 | 8.8% | +11.6% |
| 2000 | 9.3% | +4.6% |
| 2001 | 10.8% | +16.8% |
| 2002 | 12.5% | +16.1% |
| 2003 | 17.4% | +38.6% |
| 2004 | 17.3% | -0.4% |
| 2005 | 20.7% | +19.4% |
| 2006 | 19.8% | -4.2% |
| 2007 | 21.1% | +6.7% |
| 2008 | 20.5% | -3.1% |
| 2009 | 16.4% | -19.9% |
| 2010 | 19.4% | +18.2% |
| 2011 | 21.9% | +13.0% |
| 2012 | 21.4% | -2.3% |
| 2013 | 20.8% | -2.8% |
| 2014 | 20.9% | +0.4% |
| 2015 | 19.4% | -7.0% |
| 2016 | 19.5% | +0.4% |
| 2017 | 20.5% | +4.9% |
| 2018 | 22.8% | +11.3% |
| 2019 | 23.7% | +4.2% |
| 2020 | 25.1% | +5.7% |
| 2021 | 26.1% | +4.2% |
| 2022 | 24.8% | -5.1% |
| 2023 | 25.1% | +1.3% |
Philippines compared with similar countries
- Philippines's 25.1% is above the median for upper middle income countries, which is 6.1%, 4.1× the median. (59 countries reporting)
- Philippines's 25.1% is below the median for East Asia & Pacific, which is 35.9%, 70% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in East Asia in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1966 | +1340.3% | 0.1% | 0.9% |
| 1969 | +283.5% | 1.2% | 4.5% |
| 1967 | +176.2% | 0.9% | 2.6% |
| 1963 | +143.4% | 0.1% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.0% | 0.0% | 4.5% | 10 |
| 1970s | 2.6% | 0.8% | 5.7% | 10 |
| 1980s | 6.2% | 4.9% | 8.1% | 10 |
| 1990s | 7.1% | 4.3% | 9.2% | 10 |
| 2000s | 16.6% | 9.3% | 21.1% | 10 |
| 2010s | 21.0% | 19.4% | 23.7% | 10 |
| 2020s | 25.3% | 24.8% | 26.1% | 4 |
Countries ranked near Philippines
More private sector data for Philippines
- Merchandise trade 46.2% (2025)
- Food imports 15.0% (2024)
- Manufactures imports 65.2% (2024)
- Merchandise imports 141.20 billion current US$ (2025)
- Food exports 10.4% (2024)
- Manufactures exports 77.2% (2024)
- Merchandise exports 83.72 billion current US$ (2025)
- Merchandise exports (current US$), per capita 716.89 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1719 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 14.71 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in east asia in Philippines?
- Merchandise exports to low- and middle-income economies in east asia in Philippines was 25.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in east asia recorded in Philippines?
- The highest recorded value was 26.1% in 2021.
- What is the lowest merchandise exports to low- and middle-income economies in east asia recorded in Philippines?
- The lowest recorded value was 0.0% in 1960.
- How does Philippines rank for merchandise exports to low- and middle-income economies in east asia?
- Philippines ranks 43rd out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in east asia rising or falling in Philippines?
- Over the last ten years it is up 20.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.