Exports from Philippines rose by 3.5 percent from a year earlier to USD 6.17 billion in July 2019, after an upwardly revised 3.3 percent gain in the previous month. It was the fourth straight month of increase in exports, and the fastest growth in nine months, as sales advanced for gold (81.8%), bananas (34.6%), machinery and transport (23.9%), electronic equipment and parts (18.9%); ignition wiring set and other wiring sets used in vehicles, aircraft and ships (17.6%); other mineral products (7.9%), other manufacture goods (5.7%). Also, sales of electronic products, the country's the country's top exports, rose by 2.9 percent. In contrast, sales fell for metal components (-11.8%); chemicals (-2.5%) Exports in Philippines averaged 1652444.34 USD Thousand from 1957 until 2019, reaching an all time high of 6308844.59 USD Thousand in October of 2018 and a record low of 23000 USD Thousand in October of 1957.

Exports in Philippines is expected to be 6070000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Philippines to stand at 6150000.00 in 12 months time. In the long-term, the Philippines Exports is projected to trend around 4960000.00 USD Thousand in 2020, according to our econometric models.

Philippines Exports
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-11 01:00 AM Exports YoY Apr 0.4% -1.8%
2019-07-10 01:00 AM Exports YoY May 1% 1.0%
2019-08-07 01:00 AM Exports YoY Jun 1.5% 1%
2019-09-10 01:00 AM Exports YoY Jul 3.5% 3.3%
2019-10-10 01:00 AM Exports YoY Aug 3.5%
2019-12-10 01:00 AM Exports YoY Oct


Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -3393114.68 -2369873.34 1144700.00 -4415446.66 USD Thousand [+]
Current Account 566.76 -190.19 1810.97 -1455.03 USD Million [+]
Current Account to GDP -2.40 -0.70 5.80 -7.70 percent [+]
Imports 9567483.76 8480287.58 10724291.25 37084.30 USD Thousand [+]
Exports 6174369.08 6110414.24 6308844.59 23000.00 USD Thousand [+]
External Debt 78959.57 73097.87 79949.42 20893.00 USD Million [+]
Capital Flows 6.85 4.86 93.66 -35.31 USD Million [+]
Remittances 2289532.10 2609470.90 2849065.80 64208.00 USD Thousand [+]
Tourist Arrivals 719057.00 643780.00 766865.00 63628.00 [+]
Gold Reserves 197.93 197.90 274.42 126.89 Tonnes [+]
Terrorism Index 7.18 7.13 7.27 5.78 [+]
Foreign Direct Investment 430.00 242.00 2256.00 -396.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Philippines Exports

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). This page provides - Philippines Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Exports - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6174369.08 6110414.24 6308844.59 23000.00 1957 - 2019 USD Thousand Monthly




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