Philippine Exports Growth at 6-Month High
2026-01-27 01:36
By
Czyrill Jean Coloma
1 min. read
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.