Philippines Imports - Forecast

Imports in Philippines is expected to be 7938000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Philippines to stand at 7897081.02 in 12 months time. In the long-term, the Philippines Imports is projected to trend around 8730000.00 USD Thousand in 2020, according to our econometric models.


Philippines Imports
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Philippines Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -2607850 -2158000 -2516105 -3052000 -2596613 -2440000
Exports 5510000 5780000 5322235 5508000 5300468 6290000
Imports 8118000 7938000 7838339 8560000 7897081 8730000
Current Account -1324 -80 -450 855 -443 589
Current Account to GDP -0.8 1.1 1.1 1.1 1.2 1.3
External Debt 73098 72000 72000 72000 73000 73500
Capital Flows 5.12 10 13.41 13 3.36 16
Remittances 2359615 2950000 2353420 2900000 2349287 3340000
Tourist Arrivals 732506 560000 558200 680000 550500 831000
Gold Reserves 196 196 196 199 196 205
Terrorism Index 7.13 7.1 7.19 7.5 7.33 7.4
Foreign Direct Investment 21571 27211 42951 173000 35707 197000
Crude Oil Production 15 15 15 15 15 40