The share of transport services in commercial service imports for the Philippines in 2023 stood at 26.34%. Based on forecasted data, there is a steady annual decrease from 25.95% in 2024 to 24.42% in 2028. Over a five-year period, this results in a compound annual growth rate (CAGR) of about -1.5%. The year-on-year variation indicates a consistent downward trend.
Future trends to watch for include the development of alternative transport infrastructures, policy reforms impacting import tariffs, and technological advancements in logistics and supply chain management, which could further influence the share of transport services in commercial service imports. Additionally, geopolitical factors and global economic changes will also play a significant role in shaping these trends.
