The Philippines ranked 28th among leading exporters of digitally delivered services in 2024 with total exporters value of $22.954 billion, data from latest the WTO Global Trade Outlook and Statistics showed.
The report released by the WTO on April 16, 2025, ranked the 30 leading exporters and importers of digitally delivered services, which refer to services traded through computer networks, such as the Internet, apps, emails, voice and video calls, and digital intermediation platforms.
In terms of exports, the top 30 countries registered total value of US$4.216 trillion out of world’s total of US$4.637 trillion in digitally delivered services.
The US topped the list with $707 billion followed by UK with US$452 billion and Ireland with US$417 billion.
In terms of importers’ ranking of digitally delivered services, the US remained on top followed by Ireland and Germany. The 30 countries listed accounted for US$3.386 trillion out of world’s total US$3.888 trillion value of digitally imported services in 2024.
Notably, the Philippines only made it in the exporter’s list but did not figure in the top 30 leading importers of digitally delivered services for the year. This could be largely attributed to the fact that the Philippines has a huge and thriving IT-business process management sector, which exports their services digitally.
The Philippines’ exports of US$22.954 billion in 2024 accounted for 0.49 percent of the world’s total digitally delivered services.
Country data also showed of the significant annual increases in the country’s digitally delivered services exports since 2005 where exports reached only US$2.859 billion or 0.28 percent of world’s total. The largest growth was registered in 2010 with 26 percent share of total when exports hit US$7.193 billion.
The country’s exports of digitally delivered services breached the US$10-billion level in 2015 with US$11.626 billion. Other milestones were recorded in 2020 with US$16.364 billion and in 2023 when exports hit US$20.970 billion.
Of its total digital services exports, computer services account for 31.5 percent followed by telecommunication services; financial services; personal, cultural, and recreational services; insurance and pension; charges for use of intellectual property; and information services. Other services classified as business services account for the biggest share at 63 percent.