Philippine Exports Growth Hits 1-Year High

2026-07-30 01:13 By Joshua Ferrer 1 min. read

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.



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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.
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