Philippines Exports

Last Release

Feb 28, 2025

Actual

6,252,769.22

Units In

USD Thousand

6,371,447.11

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
7,695,404.88 Oct 2022	23,000 Oct 1957	2,013,254.7 USD Thousand	1957-2025	National Statistics Office of Philippines

Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca. Philippines's main export partners are: Japan (21 percent), the United States (15 percent), China (12 percent) and Hong Kong (8 percent).

Latest Updates

Exports from the Philippines rose by 6.3% yoy to USD 6.68 billion in September 2021, easing sharply from an upwardly revised 18.9 percent growth in August. Still, this was the 7th straight month of increase in overseas sales, on the back of softening global demand and disruptions in logistics and supply chain. Sales mainly rose for chemicals (55.4%), gold (44.3%), cathodes and sections of cathodes, of refined copper (39.8%), coconut oil (21.1%), other mineral products (17%), other manufactured goods (7.1%), and electronic products (5.4%). In contrast, shipments mostly fell for both machinery and transport equipment (-27.8%), and metal components (-22.8%). Exports gained to the US (27.27%), Hong Kong (13.2%), Singapore (15.4%), Thailand (6.4%), Taiwan (16.2%), the ASEAN countries (12%), and the EU (0.6%). By contrast, exports fell to China (-14.7%), and the Netherlands (-13.5%). Considering the January to September period, shipments grew 18% yoy to USD 55.68 billion.