Merchandise imports from low- and middle-income economies in East in Philippines
Philippines: Merchandise imports from low- and middle-income economies in East was 47.5% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in East in Philippines, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in east in Philippines stood at 47.5%. That is the highest value across all 64 years on record.
The figure is up 10.1% on the previous year and up 68.1% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in east in Philippines peaked at 47.5% in 2023 and was at its lowest, 2.3%, in 1974.
That places Philippines 10th out of 206 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies in East in Philippines, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 3.5% | — |
| 1961 | 6.4% | +84.2% |
| 1962 | 4.2% | -33.5% |
| 1963 | 7.9% | +86.8% |
| 1964 | 5.9% | -26.1% |
| 1965 | 8.3% | +41.6% |
| 1966 | 5.6% | -32.4% |
| 1967 | 5.6% | -0.7% |
| 1968 | 4.9% | -11.3% |
| 1969 | 4.2% | -15.2% |
| 1970 | 4.9% | +18.2% |
| 1971 | 6.0% | +21.0% |
| 1972 | 3.6% | -40.1% |
| 1973 | 3.0% | -16.1% |
| 1974 | 2.3% | -23.9% |
| 1975 | 5.7% | +149.5% |
| 1976 | 7.6% | +32.7% |
| 1977 | 7.8% | +3.0% |
| 1978 | 7.1% | -9.3% |
| 1979 | 6.6% | -7.1% |
| 1980 | 7.3% | +11.0% |
| 1981 | 7.9% | +8.1% |
| 1982 | 6.6% | -16.3% |
| 1983 | 6.1% | -7.6% |
| 1984 | 13.6% | +122.5% |
| 1985 | 17.5% | +29.0% |
| 1986 | 9.8% | -43.8% |
| 1987 | 8.7% | -11.8% |
| 1988 | 9.2% | +5.9% |
| 1989 | 8.0% | -13.4% |
| 1990 | 7.8% | -2.1% |
| 1991 | 8.2% | +5.3% |
| 1992 | 6.9% | -15.7% |
| 1993 | 6.6% | -4.3% |
| 1994 | 6.9% | +3.6% |
| 1995 | 9.0% | +31.8% |
| 1996 | 6.9% | -23.3% |
| 1997 | 10.4% | +50.1% |
| 1998 | 13.5% | +29.7% |
| 1999 | 12.6% | -6.6% |
| 2000 | 11.3% | -10.6% |
| 2001 | 12.5% | +10.9% |
| 2002 | 13.3% | +6.6% |
| 2003 | 15.3% | +15.0% |
| 2004 | 17.4% | +13.8% |
| 2005 | 17.4% | -0.2% |
| 2006 | 18.9% | +8.4% |
| 2007 | 19.5% | +3.2% |
| 2008 | 22.7% | +16.8% |
| 2009 | 26.2% | +15.5% |
| 2010 | 27.6% | +5.0% |
| 2011 | 26.0% | -5.6% |
| 2012 | 26.7% | +2.8% |
| 2013 | 28.3% | +5.7% |
| 2014 | 31.9% | +12.9% |
| 2015 | 33.8% | +5.8% |
| 2016 | 38.5% | +14.1% |
| 2017 | 39.2% | +1.7% |
| 2018 | 39.3% | +0.4% |
| 2019 | 43.1% | +9.6% |
| 2020 | 43.0% | -0.3% |
| 2021 | 44.2% | +2.9% |
| 2022 | 43.2% | -2.4% |
| 2023 | 47.5% | +10.1% |
Philippines compared with similar countries
- Philippines's 47.5% is above the median for upper middle income countries, which is 19.8%, 2.4× the median. (59 countries reporting)
- Philippines's 47.5% is above the median for East Asia & Pacific, which is 34.3%, 1.4× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in East 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 |
|---|---|---|---|
| 1975 | +149.5% | 2.3% | 5.7% |
| 1984 | +122.5% | 6.1% | 13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.6% | 3.5% | 8.3% | 10 |
| 1970s | 5.5% | 2.3% | 7.8% | 10 |
| 1980s | 9.5% | 6.1% | 17.5% | 10 |
| 1990s | 8.9% | 6.6% | 13.5% | 10 |
| 2000s | 17.4% | 11.3% | 26.2% | 10 |
| 2010s | 33.4% | 26.0% | 43.1% | 10 |
| 2020s | 44.5% | 43.0% | 47.5% | 4 |
Countries ranked near Philippines
- 7 Brunei Darussalam 52.3% compare
- 8 Hong Kong, China 49.6% compare
- 9 Russian Federation 48.6% compare
- 11 Viet Nam 46.3% compare
- 12 Kyrgyzstan 43.9% compare
- 13 Mongolia 43.7% compare
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 imports from low- and middle-income economies in east in Philippines?
- Merchandise imports from low- and middle-income economies in east in Philippines was 47.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in east recorded in Philippines?
- The highest recorded value was 47.5% in 2023.
- What is the lowest merchandise imports from low- and middle-income economies in east recorded in Philippines?
- The lowest recorded value was 2.3% in 1974.
- How does Philippines rank for merchandise imports from low- and middle-income economies in east?
- Philippines ranks 10th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in east rising or falling in Philippines?
- Over the last ten years it is up 68.1%. 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 imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.