Merchandise trade in Philippines
Philippines: Merchandise trade was 46.2% in 2025. ▲ Rising
Merchandise trade in Philippines, 1960–2025
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
Philippines recorded 46.2% for merchandise trade in 2025.
That represents a change of up 2.6% on the previous year and up 5.9% over ten years.
Over the whole period, merchandise trade in Philippines peaked at 90.5% in 2003 and was at its lowest, 17.8%, in 1960.
Philippines ranks 121st of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Merchandise trade in Philippines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 17.8% | — |
| 1961 | 20.5% | +15.1% |
| 1962 | 23.6% | +14.9% |
| 1963 | 24.3% | +3.3% |
| 1964 | 25.8% | +5.9% |
| 1965 | 24.4% | -5.3% |
| 1966 | 24.8% | +1.6% |
| 1967 | 25.9% | +4.3% |
| 1968 | 24.9% | -3.9% |
| 1969 | 22.1% | -11.0% |
| 1970 | 30.1% | +36.1% |
| 1971 | 28.9% | -4.0% |
| 1972 | 27.8% | -4.0% |
| 1973 | 32.3% | +16.3% |
| 1974 | 39.7% | +22.9% |
| 1975 | 35.9% | -9.7% |
| 1976 | 33.5% | -6.5% |
| 1977 | 33.2% | -1.0% |
| 1978 | 33.2% | -0.1% |
| 1979 | 35.8% | +8.0% |
| 1980 | 38.1% | +6.3% |
| 1981 | 34.9% | -8.4% |
| 1982 | 31.4% | -10.1% |
| 1983 | 34.1% | +8.6% |
| 1984 | 32.8% | -3.8% |
| 1985 | 28.8% | -12.1% |
| 1986 | 29.6% | +2.9% |
| 1987 | 34.0% | +14.9% |
| 1988 | 36.5% | +7.2% |
| 1989 | 39.0% | +6.9% |
| 1990 | 41.8% | +7.1% |
| 1991 | 41.8% | +0.0% |
| 1992 | 41.8% | -0.1% |
| 1993 | 48.1% | +15.0% |
| 1994 | 49.1% | +2.2% |
| 1995 | 54.2% | +10.2% |
| 1996 | 57.6% | +6.4% |
| 1997 | 67.5% | +17.1% |
| 1998 | 81.8% | +21.2% |
| 1999 | 80.7% | -1.3% |
| 2000 | 89.8% | +11.2% |
| 2001 | 85.0% | -5.3% |
| 2002 | 90.5% | +6.5% |
| 2003 | 90.5% | +0.0% |
| 2004 | 90.3% | -0.3% |
| 2005 | 84.5% | -6.4% |
| 2006 | 79.5% | -5.9% |
| 2007 | 69.5% | -12.5% |
| 2008 | 60.3% | -13.3% |
| 2009 | 47.9% | -20.5% |
| 2010 | 52.8% | +10.1% |
| 2011 | 48.0% | -9.1% |
| 2012 | 45.0% | -6.2% |
| 2013 | 43.1% | -4.2% |
| 2014 | 44.0% | +2.0% |
| 2015 | 43.6% | -0.9% |
| 2016 | 44.6% | +2.4% |
| 2017 | 51.9% | +16.3% |
| 2018 | 52.6% | +1.4% |
| 2019 | 48.6% | -7.6% |
| 2020 | 42.7% | -12.1% |
| 2021 | 50.5% | +18.1% |
| 2022 | 55.6% | +10.1% |
| 2023 | 47.4% | -14.7% |
| 2024 | 45.0% | -5.1% |
| 2025 | 46.2% | +2.6% |
Philippines compared with similar countries
- Philippines's 46.2% is below the median for upper middle income countries, which is 56.8%, 81% of the median. (58 countries reporting)
- Philippines's 46.2% is below the median for East Asia & Pacific, which is 56.3%, 82% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.4% | 17.8% | 25.9% | 10 |
| 1970s | 33.0% | 27.8% | 39.7% | 10 |
| 1980s | 33.9% | 28.8% | 39.0% | 10 |
| 1990s | 56.4% | 41.8% | 81.8% | 10 |
| 2000s | 78.8% | 47.9% | 90.5% | 10 |
| 2010s | 47.4% | 43.1% | 52.8% | 10 |
| 2020s | 47.9% | 42.7% | 55.6% | 6 |
Countries ranked near Philippines
- 118 Iceland 46.9% compare
- 119 Malta 46.9% compare
- 120 Kazakhstan 46.8% compare
- 122 Luxembourg 46.0% compare
- 123 Rwanda 45.9% compare
- 124 Sierra Leone 45.9% compare
More private sector data for Philippines
- 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$), annual growth rate 14.71 % change on previous year (2025)
- Merchandise imports (current US$), per capita 1,209 current US$ per person (2025)
Frequently asked questions
- What is merchandise trade in Philippines?
- Merchandise trade in Philippines was 46.2% in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Philippines?
- The highest recorded value was 90.5% in 2003.
- What is the lowest merchandise trade recorded in Philippines?
- The lowest recorded value was 17.8% in 1960.
- How does Philippines rank for merchandise trade?
- Philippines ranks 121st out of 204 countries with data for 2025.
- Is merchandise trade rising or falling in Philippines?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.