Philippine exports surged 23.3% year-on-year to USD 7 billion in December 2025, accelerating from an upwardly revised 21.6% gain in the previous month. This represented the strongest annual growth since June, driven primarily by higher sales of electronic products (43.6%), which remained the country’s top export commodity, particularly components/devices and data processing equipment. Exports also increased for machinery and transport equipment (27.7%) and gold (42%). Meanwhile, declines were seen in other manufactured goods (-9.9%), coconut oil (-8.5%), and chemicals (-12.9%). The United States remained the Philippines’ largest export market, accounting for 15.7% of total exports, despite the 19% tariff imposed on Philippine goods in August 2025. Other key export destinations included Hong Kong (15.1%), Japan (14%), China (11.3%), and Singapore (4.7%). For the full year of 2025, Philippine exports reached USD 84.4 billion, marking a 15.2% increase compared to 2024. source: Philippine Statistics Authority

Exports YoY in Philippines increased to 23.30 percent in December from 21.30 percent in November of 2025. Exports YoY in Philippines averaged 9.88 percent from 1958 until 2025, 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 February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-26 01:00 AM
Exports YoY
Nov 21.3% 20.3%
2026-01-27 01:00 AM
Exports YoY
Dec 23.3% 21.6%
2026-02-27 01:00 AM
Exports YoY
Jan 23.3%


Related Last Previous Unit Reference
Balance of Trade -3524863.00 -3954308.00 USD Thousand Dec 2025
Exports 6992770.67 6926510.78 USD Thousand Dec 2025
Exports YoY 23.30 21.30 percent Dec 2025
Imports 10517633.54 10880819.24 USD Thousand Dec 2025
Imports YoY 7.10 2.30 percent Dec 2025


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
23.30 21.30 155.30 -41.30 1958 - 2025 percent Monthly

News Stream
Philippine Exports Growth at 6-Month High
Philippine exports surged 23.3% year-on-year to USD 7 billion in December 2025, accelerating from an upwardly revised 21.6% gain in the previous month. This represented the strongest annual growth since June, driven primarily by higher sales of electronic products (43.6%), which remained the country’s top export commodity, particularly components/devices and data processing equipment. Exports also increased for machinery and transport equipment (27.7%) and gold (42%). Meanwhile, declines were seen in other manufactured goods (-9.9%), coconut oil (-8.5%), and chemicals (-12.9%). The United States remained the Philippines’ largest export market, accounting for 15.7% of total exports, despite the 19% tariff imposed on Philippine goods in August 2025. Other key export destinations included Hong Kong (15.1%), Japan (14%), China (11.3%), and Singapore (4.7%). For the full year of 2025, Philippine exports reached USD 84.4 billion, marking a 15.2% increase compared to 2024.
2026-01-27
Philippine Export Growth at 5-Month High
Philippine exports soared by 21.3% year-on-year to USD 6.9 billion in November 2025, accelerating from an upwardly revised 20.3% gain in the previous month. This marked the strongest annual growth since June, primarily driven by higher sales of electronic products (50.6%), particularly semiconductors (69.3%), electronic data processing (24.3%), and telecommunication (2.5%). In addition, exports also surged for gold (50.7%) and bananas (38.8%). In contrast, exports declined for other manufactured goods (-16.9%), other mineral products (-41%), and chemicals (-24.3%). Hong Kong held the largest export share (16.9%), followed closely by the US (16.8%), despite the 19% tariff on Philippine goods imposed in late August. Exports also rose to Japan (12.6%), China (10.1%), and Netherlands (4.9%). For the January to November period, the country's exports increased to USD 77.4 billion from USD 67.6 billion in the same period a year earlier.
2025-12-26
Philippine Export Growth Hits 4-Month High
Philippine exports grew by 19.4% year-on-year to USD 7.4 billion in October 2025, accelerating from an upwardly revised 16.2% expansion in the previous month. This marked the strongest growth in outbound shipments since June, mainly driven by higher sales of electronic products (44.4%), particularly for semiconductors (58.6%) and medical/industrial instrumentation (40.9%). Notably, exports also surged for machinery and transport equipment (102.7%) and gold (76.3%). By destination, the US remained the top market (15.8% share), with shipments up 14% despite the 19% tariff imposed on Philippine goods starting late August. Exports also rose to Japan (10.6%), Hong Kong (62.4%), China (1.6%), Germany (83.2%), and South Korea (16.7%). Considering the January to October period, exports advanced by 13.8% to USD 70.43 billion compared to the same period a year earlier.
2025-11-28


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