Trade balance in low carbon technology products, US dollar in Philippines
Philippines: Trade balance in low carbon technology products, US dollar was -2.52 billion in 2024. ◆ Volatile
Trade balance in low carbon technology products, US dollar in Philippines, 1996–2024
Source: International Monetary Fund.
Analysis
The most recent figure for trade balance in low carbon technology products, us dollar in Philippines is -2.52 billion, measured in 2024.
Compared with earlier readings it is up 14.1% on the previous year and down 389.8% over ten years.
Over the whole period, trade balance in low carbon technology products, us dollar in Philippines peaked at 5.34 billion in 2017 and was at its lowest, -2.93 billion, in 2023.
That places Philippines 160th out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Trade balance in low carbon technology products, US dollar in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | -1.40 billion | — |
| 1997 | -1.61 billion | +14.6% |
| 1998 | -1.34 billion | -16.4% |
| 1999 | -1.13 billion | -15.9% |
| 2000 | -1.25 billion | +11.0% |
| 2001 | -984.64 million | -21.5% |
| 2002 | -839.55 million | -14.7% |
| 2003 | -882.66 million | +5.1% |
| 2004 | 822.79 million | -193.2% |
| 2005 | 967.16 million | +17.5% |
| 2006 | 149.42 million | -84.6% |
| 2007 | -491.64 million | -429.0% |
| 2008 | -229.38 million | -53.3% |
| 2009 | -139.63 million | -39.1% |
| 2010 | -780.24 million | +458.8% |
| 2011 | -639.98 million | -18.0% |
| 2012 | 2.48 billion | -487.6% |
| 2013 | 1.26 billion | -49.1% |
| 2014 | 868.24 million | -31.3% |
| 2015 | 131.01 million | -84.9% |
| 2016 | -869.55 million | -763.7% |
| 2017 | 5.34 billion | -714.3% |
| 2018 | 4.42 billion | -17.3% |
| 2019 | -2.83 billion | -164.1% |
| 2020 | -2.58 billion | -9.1% |
| 2021 | -2.38 billion | -7.7% |
| 2022 | -2.84 billion | +19.6% |
| 2023 | -2.93 billion | +3.1% |
| 2024 | -2.52 billion | -14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.37 billion | -1.61 billion | -1.13 billion | 4 |
| 2000s | -288.22 million | -1.25 billion | 967.16 million | 10 |
| 2010s | 938.18 million | -2.83 billion | 5.34 billion | 10 |
| 2020s | -2.65 billion | -2.93 billion | -2.38 billion | 5 |
Countries ranked near Philippines
More trade data for Philippines
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- Imports of low carbon technology products, Percent of GDP 0.9273 (2024)
- Imports of low carbon technology products, US dollar (World), per 36.95 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0093 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.76 billion (2024)
Frequently asked questions
- What is trade balance in low carbon technology products, us dollar in Philippines?
- Trade balance in low carbon technology products, us dollar in Philippines was -2.52 billion in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, us dollar recorded in Philippines?
- The highest recorded value was 5.34 billion in 2017.
- What is the lowest trade balance in low carbon technology products, us dollar recorded in Philippines?
- The lowest recorded value was -2.93 billion in 2023.
- How does Philippines rank for trade balance in low carbon technology products, us dollar?
- Philippines ranks 160th out of 187 countries with data for 2024.
- Is trade balance in low carbon technology products, us dollar rising or falling in Philippines?
- Over the last ten years it is down 389.8%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, US dollar (World). Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.