Philippine exports grew by 10.8% year-on-year to USD 8.1 billion in July 2026, slowing from an upwardly revised and one-year high of 25% increase in the previous month. The softer growth was largely driven by lower outbound sales of other mineral products (-30.3%), ignition wiring set and other wiring sets used in vehicles, aircrafts and ships (-10.3%), chemicals (-18.3%), and bananas (-13%). These declines were partially offset by stronger shipments in electronic products, which remained the top export commodity, accounting for 58.8% of total exports and rising 22.2%, led by semiconductor components (26.1%). Among major trading partners, exports to the US, the largest market accounting for 18.5% of total shipments, grew by 45.1%, followed by Hong Kong (+15.4%), China (+9.7%), Singapore (+29.8%), and Taiwan (+14.6%), while Japan and Netherlands decreased 14.1% and 9.8%, respectively. For the January-July period, total exports grew 12.9% to USD 54.9 billion. source: Philippine Statistics Authority
Exports in Philippines averaged 2128499.45 USD Thousand from 1957 until 2026, reaching an all time high of 8829558.23 USD Thousand in June of 2026 and a record low of 23000.00 USD Thousand in October of 1957. This page provides - Philippines Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Exports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.
Exports in Philippines is expected to be 7750000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Exports is projected to trend around 7750000.00 USD Thousand in 2027 and 8050000.00 USD Thousand in 2028, according to our econometric models.