In 2023, the import of passenger and goods transport ships and boats to the Philippines stood at $188.50 million USD. Forecasted imports show a steady upward trend, with the figures reaching $194.79 million in 2024, $201.47 million in 2025, $208.01 million in 2026, $214.43 million in 2027, and $220.71 million in 2028.

Year-on-year variations over the last two years are as follows: a 3.33% increase from 2023 to 2024 and a 3.43% increase from 2024 to 2025. Over the five-year period, the Compound Annual Growth Rate (CAGR) is approximately 3.15%.

Future trends to watch for include:

Technological advancements in shipbuilding and eco-friendly transportation options.
Regulatory changes impacting import tariffs or environmental compliance.
Global economic factors that might affect trade dynamics, such as fuel prices and shipping demand fluctuations.