Summary
- Philippines → Thailand
- $3.3billion
- Thailand → Philippines
- $7.9billion
- The Philippines’ balance
- -$4.6billion
Balance
The Philippines’ trade balance with Thailand
Trade between the Philippines and Thailand grew 11.3-fold since 1995
USD billions (current). The Philippines’ exports and imports; bars: its balance (green surplus, red deficit).
- Exports 3.3
- Imports 7.9
- Balance -4.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $579 million | $412 million | $167 million |
| 1996 | $625 million | $761 million | -$136 million |
| 1997 | $646 million | $932 million | -$286 million |
| 1998 | $669 million | $845 million | -$176 million |
| 1999 | $915 million | $882 million | $33 million |
| 2000 | $1.1 billion | $1.1 billion | $43 million |
| 2001 | $1.2 billion | $1.2 billion | -$19 million |
| 2002 | $1.1 billion | $1.3 billion | -$208 million |
| 2003 | $1.4 billion | $1.7 billion | -$264 million |
| 2004 | $1.6 billion | $1.8 billion | -$277 million |
| 2005 | $1.9 billion | $2.2 billion | -$261 million |
| 2006 | $2.1 billion | $2.3 billion | -$220 million |
| 2007 | $2.3 billion | $2.6 billion | -$255 million |
| 2008 | $2.2 billion | $3.5 billion | -$1.3 billion |
| 2009 | $1.9 billion | $3.1 billion | -$1.2 billion |
| 2010 | $2.5 billion | $4.2 billion | -$1.7 billion |
| 2011 | $2.7 billion | $3.5 billion | -$828 million |
| 2012 | $2.9 billion | $4.2 billion | -$1.2 billion |
| 2013 | $2.9 billion | $4.5 billion | -$1.7 billion |
| 2014 | $2.8 billion | $4.5 billion | -$1.7 billion |
| 2015 | $2.5 billion | $5 billion | -$2.5 billion |
| 2016 | $2.8 billion | $7 billion | -$4.1 billion |
| 2017 | $3.6 billion | $7.5 billion | -$3.9 billion |
| 2018 | $3.8 billion | $8.2 billion | -$4.4 billion |
| 2019 | $3.2 billion | $7.4 billion | -$4.2 billion |
| 2020 | $3 billion | $5.3 billion | -$2.3 billion |
| 2021 | $3.8 billion | $7.1 billion | -$3.3 billion |
| 2022 | $3.8 billion | $7.7 billion | -$3.9 billion |
| 2023 | $3.1 billion | $8.3 billion | -$5.2 billion |
| 2024 | $3.3 billion | $7.9 billion | -$4.6 billion |
What they sell each other
What the Philippines sells to Thailand
The top 10 headings in 2024, with their share of the total.
What Thailand sells to the Philippines
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Manila and Laem Chabang is 1,486 nautical miles (2,752 km) long: ≈ 3.5–4.5 days at sea (at 18 and 14 knots).
It does not cross any major canal or strait.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Thailand was the Philippines’ 7th largest trading partner (5% of its trade), and the Philippines was Thailand’s 15th (2%).
- Thailand in the Philippines’ trade
- 4.7%
- Thailand’s rank among the Philippines’ partners
- 7th
- The Philippines in Thailand’s trade
- 1.7%
- The Philippines’ rank among Thailand’s partners
- 15th
Compare with
Other partners of the Philippines
Other partners of Thailand
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.