Philippine Exports Hit All-Time High

2026-04-30 01:27 By Joshua Ferrer 1 min. read

Philippine exports climbed by 20.4% year-on-year to an all-time high of USD 8.2 billion in March 2026, accelerating from an upwardly revised 8.9% rise in the previous month.

Electronic products remained the top export commodity, rising 33% and accounting for 59% of total shipments, led by semiconductor components (+38.2%), consumer electronics (+73.5%), and telecommunications (+80.4%).

Outbound sales also increased sharply for machinery and transport equipment (+70.6%), other mineral products (+55.7%), and gold (+84%), partially offset by declines in other manufactured goods (-29.6%) and coconut oil (-30.4%).

Among key trading partners, exports to the US, the largest market accounting for 17.7% of total shipments, rose 17.7%, followed by Hong Kong (+28.7%), China (+23.5%), Taiwan (+52%), and Singapore (+34.1%), while Japan (-0.6%) was the only major destination to record a decline.

For January–March, total exports increased 12.7% to USD 22.7 billion.



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Philippine Exports Hit All-Time High
Philippine exports climbed by 20.4% year-on-year to an all-time high of USD 8.2 billion in March 2026, accelerating from an upwardly revised 8.9% rise in the previous month. Electronic products remained the top export commodity, rising 33% and accounting for 59% of total shipments, led by semiconductor components (+38.2%), consumer electronics (+73.5%), and telecommunications (+80.4%). Outbound sales also increased sharply for machinery and transport equipment (+70.6%), other mineral products (+55.7%), and gold (+84%), partially offset by declines in other manufactured goods (-29.6%) and coconut oil (-30.4%). Among key trading partners, exports to the US, the largest market accounting for 17.7% of total shipments, rose 17.7%, followed by Hong Kong (+28.7%), China (+23.5%), Taiwan (+52%), and Singapore (+34.1%), while Japan (-0.6%) was the only major destination to record a decline. For January–March, total exports increased 12.7% to USD 22.7 billion.
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