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Annual data from Bureau of Economic Analysis (BEA) | Latest: 2024
In 2024, the United States exported $4.8B in services to Philippines and imported $8.7B, running a $3.9B services deficit. Other business services accounted for the largest share of two-way services trade. Source: U.S. Bureau of Economic Analysis (BEA).
Services Exports
$4.8B
To Philippines (2024, Annual)
Services Imports
$8.7B
From Philippines (2024, Annual)
Services Trade Balance
-$3.9B
U.S. services deficit with Philippines
| Service Type | Exports | Imports |
|---|---|---|
| Other business services | $927.0M | $4.1B |
| Travel services | $1.5B | $2.8B |
| Personal travel services | $1.3B | $2.6B |
| Other personal travel services | $1.0B | $2.5B |
| Business and management consulting and public relations services | $355.0M | $2.8B |
| Professional and management consulting services | -- | $3.1B |
| Legal, accounting, management consulting, and public relations services |
| -- |
| $3.0B |
| Transport services | $597.0M | $823.0M |
| Air transport services | $586.0M | $811.0M |
| Technical, trade-related, and other business services | $456.0M | $909.0M |
| Other business services n.i.e. | $353.0M | $814.0M |
| Air passenger services | $449.0M | $660.0M |
-- Data suppressed by BEA for confidentiality (D)
Other business services
$927.0M
$4.1B
Travel services
$1.5B
$2.8B
Personal travel services
$1.3B
$2.6B
Other personal travel services
$1.0B
$2.5B
Business and management consulting and public relations services
$355.0M
$2.8B
Professional and management consulting services
--
$3.1B
Legal, accounting, management consulting, and public relations services
--
$3.0B
Transport services
$597.0M
$823.0M
Air transport services
$586.0M
$811.0M
Technical, trade-related, and other business services
$456.0M
$909.0M
Other business services n.i.e.
$353.0M
$814.0M
Air passenger services
$449.0M
$660.0M