Philippines Exports - Forecast

Exports in Philippines is expected to be 5730000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Philippines to stand at 5508000.00 in 12 months time. In the long-term, the Philippines Exports is projected to trend around 6290000.00 USD Thousand in 2020, according to our econometric models.


Philippines Exports
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Philippines Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -4016560 -2930000 -2158000 -1895340 -3052000 -2440000
Exports 4721110 5730000 5780000 4691560 5508000 6290000
Imports 8737670 8660000 7938000 8621187 8560000 8730000
Current Account 130 -80 -80 111 855 589
Current Account to GDP 0.2 1.1 1.1 1.1 1.1 1.3
External Debt 76622 76449 76307 76165 76023 73811
Capital Flows 12.95 8 10 8.69 13 16
Remittances 2741425 2900000 2950000 2477829 2900000 3340000
Tourist Arrivals 613372 560000 560000 558200 680000 831000
Gold Reserves 196 196 196 196 199 205
Terrorism Index 7.13 6.92 6.99 7.06 7.5 7.4
Foreign Direct Investment 21571 31141 27211 42951 173000 197000
Crude Oil Production 15 15.81 15.79 15.77 31 40