Import of Goods Value from Philippines (1990-2023)

The Philippines’ import value grew steadily from $13B in 1990 to $145.9B in 2022, reflecting economic expansion and integration into global trade networks. The 1990s saw significant growth, with imports doubling from $28.3B in 1995 to $60.4B in 2008, driven by industrialization and consumer demand.

After a pandemic-related dip to $90.7B in 2020, imports surged to $145.9B in 2022, supported by recovery in manufacturing and infrastructure projects. The stabilization at $133.8B in 2023 reflects adjustments to global supply chain pressures. The Philippines’ import patterns highlight its reliance on energy and consumer goods.