Exports from the Philippines jumped 21.4% yoy to USD 5.74 billion in December 2019, after a downwardly revised 0.4% fall in November. Sales grew for most categories: cathodes and section od cathodes (471.2%); bananas (34.9%), gold (30.2%), electronic products (24.9%), chemicals (18.2%), machinery and transport equipment (12.6%), other manufactured goods (10.4%); ignition wiring set and other wiring sets used in vehicle, aircrafts and ships (3.5%), and coconut oil (1.1%). In contrast, exports of metal components fell 17.9%. By country, sales rose to the US (17.1%), Hong Kong (33.8%), China (54.6%), Japan (12.7%), Singapore (19.7%), South Korea (44.4%), the ASEAN countries (16.5%) and the EU (1.3%). In contrast, exports dropped to Germany (-3.5%), Netherlands (-7.5%) and Indonesia (-29.7%).

Exports in Philippines averaged 1681087.26 USD Thousand from 1957 until 2019, reaching an all time high of 6327462.51 USD Thousand in October of 2019 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. source: National Statistics Office of Philippines

Exports in Philippines is expected to be 6090000.00 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 4750000.00 in 12 months time. In the long-term, the Philippines Exports is projected to trend around 4960000.00 USD Thousand in 2021, according to our econometric models.


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Philippines Exports

Actual Previous Highest Lowest Dates Unit Frequency
5742289.74 5596481.56 6327462.51 23000.00 1957 - 2019 USD Thousand Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-06 01:00 AM Sep -2.6% 0.8%
2019-12-10 01:00 AM Oct 0.1% -1.2%
2020-01-10 01:00 AM Nov -0.7% 0.3%
2020-02-11 01:00 AM Dec 21.4% -0.4%


News Stream
Philippines Exports Soar
Exports from the Philippines jumped 21.4% yoy to USD 5.74 billion in December 2019, after a downwardly revised 0.4% fall in November. Sales grew for most categories: cathodes and section od cathodes (471.2%); bananas (34.9%), gold (30.2%), electronic products (24.9%), chemicals (18.2%), machinery and transport equipment (12.6%), other manufactured goods (10.4%); ignition wiring set and other wiring sets used in vehicle, aircrafts and ships (3.5%), and coconut oil (1.1%). In contrast, exports of metal components fell 17.9%. By country, sales rose to the US (17.1%), Hong Kong (33.8%), China (54.6%), Japan (12.7%), Singapore (19.7%), South Korea (44.4%), the ASEAN countries (16.5%) and the EU (1.3%). In contrast, exports dropped to Germany (-3.5%), Netherlands (-7.5%) and Indonesia (-29.7%).
2020-02-11
Philippines Exports Shrink Again
Exports from the Philippines fell 0.7 percent year-on-year to USD 5.59 billion in November 2019, shifting from an upwardly revised 0.3 percent growth in the previous month. Sales contracted for ignition wiring set and other wiring sets used in vehicles, aircrafts and ships (-23.7%), machinery and transport equipment (-21.7%), and electronic equipment and parts (-20.5%). In contrast, exports grew for other mineral products (74.9%), other manufactured goods (41.5%), cathodes and section of cathodes, of refined copper (36%), bananas (11.1%), metal components (3%), and chemicals (0.1%). Electronic products, the country's top sales, rose 1.4%. By country, sales dropped to the US (-0.4%), South Korea (-16.5%), Taiwan (-17%), Netherlands (-22.1%), the ASEAN countries (-5.4%) and the EU (-8.4%) Conversely, exports were up to Japan (4.9%), Hong Kong (6.7%), China (2.9%), Singapore (4.9%), Thailand (11.9%) and Germany (8.4%).
2020-01-10
Philippines Exports Edge Up 0.1% YoY in October
Exports from the Philippines inched higher 0.1 percent from a year earlier to USD 6.32 billion in October 2019, reversing from a downwardly revised 1.2 percent fall in September. Sales increased for travel goods and handbags (155.9%); other mineral products (84.9%); gold (52.9%); bananas (15.7%); other manufactured goods (4.6%); ignition wiring set and other wiring sets used in vehicles, aircraft and ships (2%). Also, sales of electronic products, the country’s top exports, rose 7.0%. By contrast, exports shrank for machinery and transport equipment (-42.7%); chemicals (-18.4%), and metal component (-16.7%). Export grew to the US (7.9%), Japan (4.5%), South Korea (31.2%), Hong Kong (13.8%), and Malaysia (1.6%). Conversely, sales decreased to China (-0.9%), Singapore (-8.7%), Thailand (-8.6%), and Netherlands (-7.9%).
2019-12-10
Philippines Exports Fall for First Time in 6 Months
Exports from the Philippines fell by 2.6 percent from a year earlier to USD 5.90 billion in September 2019, reversing from an upwardly revised 0.8 percent growth in August. This was the first yearly fall in exports since March, as sales shrank for metal components (-25.8%); articles of apparel and clothing (-20.7%); machinery and transport equipment (-20%); miscellaneous manufactured articles, n.e.s. (-8.1%); ignition wiring set and other wiring sets used in vehicles, aircraft and ships (-7%); other manufactured goods (-6.3%); and gold (-1.8%). In contrast, exports grew for other mineral products (89.6%), and bananas (55.5%). Also, sales of electronic products, the country’s top exports, rose 3.8%. Export dropped to the US (-7.1%), Singapore (-17.1%), Thailand (-16.1%), Taiwan (-12.6%), Netherlands (-27%), the ASEAN countries (-17%), and the EU (-4.8%). In contrast, sales rose to Japan (19.1%), Hong Kong (5.3%), China (0.9%), and South Korea (64.1%).
2019-11-06

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).


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category