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Philippines - Trade Balance 2014

Name: Philippines Trade Balance 2014
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-8.2B +$1.6B from 2013 Global rank: 20th

Philippines's trade balance was $-8.2B in 2014, increased +$1.6B from $-9.9B in 2013. This was the 20th highest globally.

Global Ranking - 2014▾

Trade Balance by Country - 2014
Rank	Country	Value	YoY
1st	United States	$-508.9B	-6.4%
2nd	Japan	$-127.0B	-1.1%
3rd	Brazil	$-65.4B	-14.9%
4th	India	$-60.9B	-10.0%
5th	United Kingdom	$-54.2B	-48.6%
6th	Egypt, Arab Republic of	$-25.8B	-41.0%
7th	Türkiye	$-25.2B	38.6%
8th	France	$-20.5B	-14.2%
9th	Pakistan	$-19.2B	-13.7%
10th	Canada	$-16.4B	43.5%
11th	Colombia	$-16.1B	-132.0%
12th	Mexico	$-16.0B	-2.1%
13th	Lebanon	$-15.5B	-0.8%
14th	Morocco	$-13.9B	10.4%
15th	Bangladesh	$-11.3B	-4.3%
16th	Jordan	$-9.5B	4.9%
17th	Mozambique	$-9.1B	0.6%
18th	Kenya	$-9.0B	-23.3%
19th	Syrian Arab Republic	$-8.7B	-38.9%
20th	Philippines	$-8.2B	16.7%
21st	Libya	$-6.9B	-168.2%
22nd	Guatemala	$-6.7B	0.3%
23rd	Indonesia	$-6.7B	7.6%
24th	Nepal	$-5.8B	-13.4%
25th	South Africa	$-5.7B	32.7%
26th	Tunisia	$-5.1B	-14.9%
27th	West Bank and Gaza	$-5.0B	-6.6%
28th	Ukraine	$-4.7B	70.1%
29th	Tanzania	$-4.6B	4.8%
30th	Australia	$-4.5B	78.2%
31st	El Salvador	$-4.3B	7.1%
32nd	Bosnia and Herzegovina	$-4.2B	-12.7%
33rd	Ghana	$-4.0B	35.1%
34th	Algeria	$-4.0B	-171.6%
35th	Serbia	$-3.8B	4.4%
36th	Kyrgyz Republic	$-3.8B	-3.3%
37th	Honduras	$-3.5B	6.7%
38th	Uzbekistan	$-3.4B	7.3%
39th	Tajikistan	$-3.3B	21.1%
40th	Peru	$-3.3B	-859.3%
41st	Greece	$-3.3B	39.7%
42nd	Dominican Republic	$-3.2B	14.1%
43rd	Congo, Democratic Republic of	$-3.2B	-110.9%
44th	Namibia	$-3.1B	-13.8%
45th	Haiti	$-3.1B	-7.4%
46th	Georgia	$-3.0B	-42.6%
47th	Senegal	$-2.9B	2.2%
48th	Moldova	$-2.9B	2.0%
49th	Sudan	$-2.8B	17.4%
50th	Finland	$-2.8B	-4.4%
51st	Panama	$-2.7B	-44.0%
52nd	Albania	$-2.5B	-8.9%
53rd	Zimbabwe	$-2.5B	10.9%
54th	Somalia, Fed. Rep.	$-2.5B	-6.4%
55th	Cambodia	$-2.5B	-7.0%
56th	Lao PDR	$-2.3B	10.9%
57th	New Caledonia	$-2.3B	16.8%
58th	Guam	$-2.3B	-4.3%
59th	Yemen, Republic of	$-2.3B	27.6%
60th	Mali	$-2.2B	-12.7%
61st	Armenia	$-2.2B	6.6%
62nd	Kosovo	$-2.1B	-8.4%
63rd	Guinea	$-2.1B	10.8%
64th	Uganda	$-2.0B	31.6%
65th	Nicaragua	$-2.0B	12.2%
66th	North Macedonia	$-2.0B	-0.1%
67th	Niger	$-1.5B	-19.3%
68th	Rwanda	$-1.3B	-8.4%
69th	Cameroon	$-1.3B	-62.6%
70th	Costa Rica	$-1.3B	12.7%
71st	Uruguay	$-1.2B	33.3%
72nd	Lesotho	$-1.2B	9.3%
73rd	Mauritania	$-1.1B	-35.9%
74th	Timor-Leste	$-1.1B	-11.5%
75th	French Polynesia	$-1.0B	9.8%
76th	Montenegro	$-911.4M	-1.6%
77th	Latvia	$-877.4M	33.5%
78th	Romania	$-842.3M	51.1%
79th	Sierra Leone	$-821.6M	29.3%
80th	Togo	$-808.0M	3.6%
81st	Mauritius	$-723.2M	28.0%
82nd	Burkina Faso	$-691.5M	47.9%
83rd	Madagascar	$-676.9M	44.5%
84th	Bulgaria	$-654.6M	-109.9%
85th	Bahamas, The	$-647.3M	-27.8%
86th	Belarus	$-606.4M	74.5%
87th	Mongolia	$-589.8M	79.2%
88th	Bhutan	$-408.5M	-4.1%
89th	Curaçao	$-382.3M	29.2%
90th	Central African Republic	$-374.1M	-161.6%
91st	Cabo Verde	$-343.2M	-51.9%
92nd	Benin	$-319.7M	37.1%
93rd	Greenland	$-288.3M	47.7%
94th	Virgin Islands (US)	$-269.0M	-0.7%
95th	American Samoa	$-266.0M	-37.8%
96th	Comoros	$-228.6M	3.2%
97th	Croatia	$-227.8M	80.8%
98th	Seychelles	$-208.0M	-119.4%
99th	Samoa	$-201.7M	-16.6%
100th	Tonga	$-180.3M	5.3%
101st	Gambia, The	$-179.3M	-73.7%
102nd	Kiribati	$-160.5M	-6.3%
103rd	Aruba	$-155.8M	33.4%
104th	Guinea-Bissau	$-153.0M	-1.9%
105th	Micronesia, Federated States of	$-134.0M	19.8%
106th	Northern Mariana Islands	$-123.0M	0.0%
107th	Solomon Islands	$-117.3M	-17.8%
108th	Marshall Islands	$-94.1M	15.3%
109th	Palau	$-86.3M	-19.5%
110th	Eswatini	$-41.9M	40.9%
111th	Vanuatu	$-19.6M	15.2%
112th	Nauru	$918,049	-95.7%
113th	Faroe Islands	$20.0M	123.4%
114th	Belize	$82.8M	20.5%
115th	Antigua and Barbuda	$103.1M	-
116th	Cyprus	$246.0M	-38.4%
117th	Portugal	$344.0M	-86.2%
118th	Congo, Republic of	$370.9M	-83.9%
119th	Djibouti	$384.9M	154.0%
120th	Zambia	$393.8M	175.9%
121st	Bolivia, Plurinational State of	$436.1M	-79.5%
122nd	Botswana	$474.7M	210.0%
123rd	Hong Kong SAR, China	$597.4M	-63.9%
124th	Maldives	$614.1M	-
125th	Paraguay	$745.0M	-52.3%
126th	Estonia	$872.7M	48.7%
127th	Lithuania	$932.5M	38.2%
128th	Chile	$968.6M	136.1%
129th	Chad	$991.9M	-36.7%
130th	Turkmenistan	$1.1B	152.3%
131st	Iceland	$1.2B	-8.6%
132nd	Belgium	$1.2B	-8.8%
133rd	Côte d'Ivoire	$1.3B	9,537.6%
134th	Ecuador	$1.3B	3.7%
135th	Iran, Islamic Republic of	$1.4B	-91.3%
136th	Malta	$1.5B	74.9%
137th	New Zealand	$1.6B	-46.9%
138th	Bermuda	$1.7B	-5.0%
139th	South Sudan	$1.7B	129.4%
140th	Argentina	$2.1B	487.0%
141st	Poland	$2.2B	-61.9%
142nd	Gabon	$2.8B	-33.3%
143rd	Slovenia	$3.4B	48.8%
144th	Cuba	$3.9B	32.0%
145th	Israel	$4.0B	-9.6%
146th	Slovak Republic	$4.2B	-12.9%
147th	Bahrain	$5.5B	-4.4%
148th	Brunei Darussalam	$5.8B	27.5%
149th	Equatorial Guinea	$6.0B	-3.9%
150th	Angola	$6.8B	-65.0%
151st	Hungary	$8.0B	-6.1%
152nd	Viet Nam	$8.8B	50.2%
153rd	Azerbaijan	$12.8B	-21.9%
154th	Czechia	$13.3B	10.0%
155th	Austria	$14.1B	18.3%
156th	Sweden	$17.9B	-20.1%
157th	Oman	$19.1B	8.8%
158th	Puerto Rico (US)	$19.7B	14.3%
159th	Iraq	$20.3B	-27.3%
160th	Luxembourg	$22.1B	5.2%
161st	Denmark	$22.8B	6.1%
162nd	Thailand	$24.0B	203.2%
163rd	Macao SAR, China	$28.9B	-6.3%
164th	Kazakhstan	$30.4B	8.5%
165th	Malaysia	$31.4B	13.6%
166th	Spain	$42.0B	-19.8%
167th	Ireland	$50.7B	5.6%
168th	Norway	$51.8B	-16.2%
169th	Kuwait	$60.1B	-21.7%
170th	Italy	$60.6B	21.4%
171st	Korea	$72.2B	17.1%
172nd	Singapore	$73.8B	3.8%
173rd	Switzerland	$76.0B	3.1%
174th	Qatar	$76.2B	-10.9%
175th	Saudi Arabia	$96.0B	-39.2%
176th	Netherlands	$99.6B	11.7%
177th	United Arab Emirates	$127.6B	-8.7%
178th	Russian Federation	$132.2B	6.7%
179th	China	$221.5B	-5.7%
180th	Germany	$259.3B	17.9%

FAQ

What was Philippines's trade balance in 2014?▾

Philippines's trade balance in 2014 was $-8.2B. This ranked 20th globally.

How did Philippines's trade balance change in 2014?▾

Philippines's trade balance increased by 16.7% in 2014 compared to 2013.

Which country had the highest trade balance in 2014?▾

Germany had the highest trade balance in 2014 at $259.3B.

What is the trade balance of Philippines in 2014?▾

The trade balance of Philippines in 2014 was $-8.2B. This ranked 20th globally.

How does 2014 compare to 2013 for Philippines's trade balance?▾

Philippines's trade balance went from $-9.9B in 2013 to $-8.2B in 2014, a 16.7% increase.

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