Exports from the Philippines jumped 72.1 percent year-on-year to USD 5.72 billion in April 2021. This was the steepest increase in outbound shipments in over ten years, boosted by strengthening overseas demand as more countries eased COVID-19 restrictions. All the top ten major commodity groups recorded annual increases, led by ignition wiring sets and other wiring sets used in vehicles, aircraft, and ships (1,237.6%), metal components (345.2%), miscellaneous manufactured articles ( 256.1%), and electronic products (62.6%). Considering the January to April period exports rose 19 percent from the same period of 2020. source: National Statistics Office of Philippines
Exports in Philippines averaged 1765068.17 USD Thousand from 1957 until 2021, reaching an all time high of 6684330 USD Thousand in March of 2021 and a record low of 23000 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 June of 2021.
Exports in Philippines is expected to be 5550000.00 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 5300000.00 in 12 months time. In the long-term, the Philippines Exports is projected to trend around 5300000.00 USD Thousand in 2022, according to our econometric models.