Year |
Exports1 |
Imports2 |
Total trade |
Balance of trade |
1985 |
4,628.95 |
5,110.67 |
9,739.62 |
(481.72) |
1986 |
4,841.78 |
5,043.60 |
9,885.38 |
(201.82) |
1987 |
5,720.24 |
6,736.97 |
12,457.21 |
(1,016.73) |
1988 |
7,074.19 |
8,159.38 |
15,233.57 |
(1,085.19) |
1989 |
7,820.71 |
10,418.82 |
18,239.53 |
(2,598.11) |
1990 |
8,186.03 |
12,206.16 |
20,392.19 |
(4,020.13) |
1991 |
8,839.51 |
12,051.36 |
20,890.88 |
(3,211.85) |
19923 |
9,824.31 |
14,518.93 |
24,343.24 |
(4,694.62) |
1993 |
11,374.81 |
17,597.40 |
28,972.21 |
(6,222.59) |
19944 |
13,490.96 |
21,345.33 |
34,836.28 |
(7,854.37) |
Source: National Statistical Coordination Board (1996)1 export value based on BSP buying rate;
2 import value based on BSP selling rate
3 starting August 4, 1992, the average exchange rate refers to the weighted average rate under the Philippine Dealing System (PDS)
4 preliminary data