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 YoY in Philippines decreased to 10.80 percent in July from 24.10 percent in June of 2026. Exports YoY in Philippines averaged 9.91 percent from 1958 until 2026, reaching an all time high of 155.30 percent in June of 1973 and a record low of -41.30 percent in April of 2020. This page includes a chart with historical data for Philippines Exports YoY. Philippines Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-30 01:00 AM
Exports YoY
Jun 24.1% 8.6%
2026-08-28 01:00 AM
Exports YoY
Jul 10.8% 25%
2026-09-30 01:00 AM
Exports YoY
Aug 10.8%


Related Last Previous Unit Reference
Balance of Trade -5973475.53 -5496696.25 USD Thousand Jul 2026
Exports 8148251.53 8829558.23 USD Thousand Jul 2026
Exports YoY 10.80 25.00 percent Jul 2026
Imports 14121727.06 14326254.48 USD Thousand Jul 2026
Imports YoY 19.80 25.00 percent Jul 2026


Philippines Exports YoY
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).
Actual Previous Highest Lowest Dates Unit Frequency
10.80 25.00 155.30 -41.30 1958 - 2026 percent Monthly

News Stream
Philippine Exports Growth Slows in July
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.
2026-08-28
Philippine Exports Growth Hits 1-Year High
Philippine exports jumped by 24.1% year-on-year to a new all-time high of USD 8.8 billion in June 2026, marking the strongest growth since June last year and accelerating from an upwardly revised 8.6% rise in the previous month. Electronic products remained the top export commodity, accounting for 59.9% of total shipments and rising 35.2%, led by semiconductor components (+38.2%), office equipment (+123.4%), consumer electronics (+335.2%), and communication/radar (+93.9%). Outbound sales also increased sharply for machinery and transport equipment (+28.6%), gold (+43.8%), coconut oil (+12%), and electronic equipment and parts (+95.7%). Among key trading partners, exports to the US, the largest market accounting for 18.1% of total shipments, grew by 44.7%%, followed by Hong Kong (+25.2%), China (+34.3%), Singapore (+62.6%), and Taiwan (32.8%), while Japan recorded the smallest growth of 1.4%. For the January-June period, total exports grew 13.1% to USD 46.7 billion.
2026-07-30
Philippine Exports Rises 7.6% in May
Philippine exports rose 7.6% year-on-year to USD 7.9 billion in May 2026, following a 7.2% increase in the previous month. Electronic products, which accounted for 54.6% of total exports, increased 11.9%, driven by stronger shipments of semiconductors (+11.5%), consumer electronics (+167.2%), office equipment (+137.9%), and telecommunications equipment (+68.9%), partly offset by declines in electronic data processing (-32.7%) and medical/industrial instrumentation (-37.6%). Outbound shipments also rose for machinery and transport equipment (+51.2%), other mineral products (+30.2%), gold (+19.4%), coconut oil (+25.2%), and bananas (+23.3%). Among key partners, exports to the US, the largest market accounting for 17.2% of total shipments, rose 20.8%. Sales also increased from Hong Kong (+8%), China (+20.9%), Singapore (+45.6%), and South Korea (+22.3%).
2026-06-30


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