What is the U.S. trade balance with Philippines in services?

In 2024, the U.S. ran a $3.9B services deficit with Philippines — exporting $4.8B and importing $8.7B.

What services does Philippines export to the United States?

Philippines's top services exports to the U.S. include travel, transport, business services, and financial services. Exact category amounts are below; some smaller categories are suppressed by BEA for confidentiality.

Where does this services trade data come from?

Annual data is published by the U.S. Bureau of Economic Analysis (BEA) under the International Services Trade dataset. Most countries report annually; a small number include quarterly detail.

U.S.–Philippines Services Trade 2024: $4.8B Exports, $8.7B Imports

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Annual data from Bureau of Economic Analysis (BEA) | Latest: 2024

U.S.–Philippines Services Trade in 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 Categories

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

Frequently asked questions

What is the U.S. trade balance with Philippines in services?: In 2024, the U.S. ran a $3.9B services deficit with Philippines — exporting $4.8B and importing $8.7B.
What services does Philippines export to the United States?: Philippines's top services exports to the U.S. include travel, transport, business services, and financial services. Exact category amounts are listed above; some smaller categories are suppressed by BEA for confidentiality.
Where does this services trade data come from?: Annual data is published by the U.S. Bureau of Economic Analysis (BEA) under the International Services Trade dataset.

See full U.S. services trade data Services trade statistics