Foreign trade as a share of gdp reached 63.5% in 2021 in Philippines, according to the National Statistical Office. This is 9.17% more than in the previous year.
Historically, foreign trade as a share of GDP in Philippines reached an all time high of 87.6% in 2003 and an all time low of 23.4% in 1960.
Philippines has been ranked 95th within the group of 152 countries we follow in terms of foreign trade as a share of GDP.
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