Maaari rin pong idownload ang information sheet dito sa link na ito http://customs.gov.ph/Balikbayan-Information-Sheet.pdf
BALIK means to come back.
BAYAN means hometown or homeland.
So if you put the words together,
BALIKBAYAN means someone who is coming back home.
Balikbayan Box is filled with various gifts and goodies that range from cds, shoes, lotions, canned goods etc sent or brought by Filipinos leaving abroad to be given to relatives and friends back in their homeland, the Philippines