Korea: Merchandise exports rise by double digits in August
Merchandise exports shot up 11.4% on an annual basis in August, on the heels of July’s 13.9% upturn and marginally...
Merchandise Imports in Philippines
Merchandise imports in the Philippines were worth USD 137.2 billion in 2022, compared to USD 62.4 billion ten years earlier, and averaged USD 94.7 billion over the last decade. For more imports information, visit our dedicated page.
Philippines Merchandise Imports Chart
Note: This chart displays Imports (USD billion) for Philippines from 2018 to 2017.
Source: Macrobond.
Philippines Merchandise Imports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Imports (USD bn) | 111.6 | 89.8 | 116.9 | 137.2 | 126.2 |
| Merchandise Imports (ann. var. %) | -1.1 | -19.5 | 30.1 | 17.4 | -8.0 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Philippine merchandise imports projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise imports forecast available for Philippine merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Philippine merchandise imports projections.
Want to get access to the full dataset of Philippine merchandise imports forecasts? Send an email to info@focus-economics.com.
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