Exports from the Philippines rose by 3.3 percent to USD 6.11 billion in October 2018, following an upwardly revised 0.8 percent rise in the previous month. Sales went up for: machinery and transport equipment (94.1 percent); bananas (30.9 percent); other manufactured goods (24.3 percent); miscellaneous manufactured articles (23.8 percent) and metal components (17.6 percent). Also, sales of electronic products, the country’s top exports, increased by 0.6 percent. In contrast, exports fell for: electronics equipment and parts (-11.8 percent); chemicals (-5.8 percent); and ignition wiring set and other wiring sets used in vehicles, aircrafts and ships (-4.1 percent). Outbound shipments advanced to the US (18 percent); China (4.4 percent); Thailand (14.3 percent); and the ASEAN countries (9.2 percent). In contrast, outbound shipments declined to Hong Kong (-7.3 percent), Japan (-7.5 percent), and Singapore (-3.1 percent). Exports in Philippines averaged 1601556.41 USD Thousand from 1957 until 2018, reaching an all time high of 6183354.44 USD Thousand in August of 2018 and a record low of 23000 USD Thousand in October of 1957.

Exports in Philippines is expected to be 5830000.00 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 5930000.00 in 12 months time. In the long-term, the Philippines Exports is projected to trend around 6100000.00 USD Thousand in 2020, according to our econometric models.

Philippines Exports
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-11 01:00 AM Exports YoY 0.3% 2.8%
2018-10-10 01:00 AM Exports YoY 3.1% 0.3%
2018-11-07 01:00 AM Exports YoY -2.6% 3.4%
2018-12-11 01:00 AM Exports YoY 3.3% 0.8%
2019-01-07 01:00 AM Exports YoY 3.3%
2019-02-09 01:00 AM Exports YoY
2019-03-09 01:00 AM Exports YoY


Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -4212000.00 -3723000.00 1144700.00 -4212000.00 USD Thousand [+]
Exports 6108053.63 6031171.49 6183354.44 23000.00 USD Thousand [+]
Imports 10320011.78 9753919.41 10320011.78 37084.30 USD Thousand [+]
Current Account -823.78 -1171.01 1810.97 -1455.03 USD Million [+]
Current Account to GDP -0.80 -0.40 5.80 -7.70 percent [+]
External Debt 73097.87 76621.97 79949.42 20893.00 USD Million [+]
Capital Flows 0.86 -1.71 93.66 -35.31 USD Million [+]
Remittances 2237000.00 2476000.00 2741425.00 64208.00 USD Thousand [+]
Tourist Arrivals 512240.00 542250.00 732506.00 63628.00 [+]
Gold Reserves 197.90 196.40 274.42 126.89 Tonnes [+]
Terrorism Index 7.13 7.10 7.27 5.78 [+]
Foreign Direct Investment 570.00 750.00 2256.00 -396.00 USD Million [+]
Crude Oil Production 13.00 13.00 38.00 1.00 BBL/D/1K [+]

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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6108053.63 6031171.49 6183354.44 23000.00 1957 - 2018 USD Thousand Monthly




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