Exports from the Philippines rose 6.6% yoy to USD 6.27 billion in November 2021, after a 2% gain the previous month. This was the ninth straight month of growth in overseas sales and the fastest pace in three months, supported by strengthening demand ahead of the festive season and year-end holidays. Shipments mainly rose for coconut oil (95%), electronic equipment (33.9%), chemicals (31.8%), other manufactured goods (15.1%), other mineral products (5.7%), and electronic products (5.6%). By contrast, sales fell for ignition wiring sets and other wiring sets used in vehicles, aircraft (-19.5%), machinery & transport equipment (-17.4%), metal components (-10.9%), and cathodes and sections of cathodes (-4.5%). Exports went up to the US (3.9%), Hong Kong (13.5%), Singapore (14.6%), Germany (16%), Netherlands (60%), Taiwan (21.9%), Vietnam (77.4%), the ASEAN countries (11.2%), and the EU (29.2%); while fell to China (-5.7%), Japan (-1.1%), and Thailand (-11.8%). source: Philippine Statistics Authority

Exports YoY in Philippines averaged 10.25 percent from 1958 until 2021, 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 January of 2022.

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Philippines Exports YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-12-10 01:00 AM Oct 2.0% 6.4%
2022-01-11 01:00 AM Nov 6.6% 2.0%
2022-01-27 01:00 AM Dec


News Stream
Philippines Exports Rise for 9th Month
Exports from the Philippines rose 6.6% yoy to USD 6.27 billion in November 2021, after a 2% gain the previous month. This was the ninth straight month of growth in overseas sales and the fastest pace in three months, supported by strengthening demand ahead of the festive season and year-end holidays. Shipments mainly rose for coconut oil (95%), electronic equipment (33.9%), chemicals (31.8%), other manufactured goods (15.1%), other mineral products (5.7%), and electronic products (5.6%). By contrast, sales fell for ignition wiring sets and other wiring sets used in vehicles, aircraft (-19.5%), machinery & transport equipment (-17.4%), metal components (-10.9%), and cathodes and sections of cathodes (-4.5%). Exports went up to the US (3.9%), Hong Kong (13.5%), Singapore (14.6%), Germany (16%), Netherlands (60%), Taiwan (21.9%), Vietnam (77.4%), the ASEAN countries (11.2%), and the EU (29.2%); while fell to China (-5.7%), Japan (-1.1%), and Thailand (-11.8%).
2022-01-11
Philippines Exports Rise the Least in 8 Months
Exports from the Philippines edged up 0.2% yoy to USD 6.41 billion in October 2021, after a marginally revised 6.4% gain the previous month. This was the softest gain in shipments since February, amid weakening foreign demand following the emergence of the new COVID-19 variant. Shipments mainly rose for coconut oil (76.5), cathodes and sections of cathodes (56%), chemicals (53.7%), electronic equipment (22.2%), other mineral products (13%), and machinery and transport equipment (11%). In contrast, sales fell for metal components (-25.3%), other manufactured goods (-20.9%), and ignition wiring sets and other wiring sets used in vehicles, aircraft (-16.7%). Exports went up to China (5.4%), Hong Kong (14.5%), Taiwan (5.1%), Australia (436.3%), the ASEAN countries (2.8%), and the EU (19.1%). On the other hand, shipments shrank to the US (-5.3%), Japan (-12.1%), Thailand (-7.5%), Germany (-4.3%), and South Korea (-25.5%). From January to October, exports rose 16.1% to 62.10 billion.
2021-12-10
Philippines Export Growth Slows Sharply
Exports from the Philippines rose by 6.3% yoy to USD 6.68 billion in September 2021, easing sharply from an upwardly revised 18.9 percent growth in August. Still, this was the 7th straight month of increase in overseas sales, on the back of softening global demand and disruptions in logistics and supply chain. Sales mainly rose for chemicals (55.4%), gold (44.3%), cathodes and sections of cathodes, of refined copper (39.8%), coconut oil (21.1%), other mineral products (17%), other manufactured goods (7.1%), and electronic products (5.4%). In contrast, shipments mostly fell for both machinery and transport equipment (-27.8%), and metal components (-22.8%). Exports gained to the US (27.27%), Hong Kong (13.2%), Singapore (15.4%), Thailand (6.4%), Taiwan (16.2%), the ASEAN countries (12%), and the EU (0.6%). By contrast, exports fell to China (-14.7%), and the Netherlands (-13.5%). Considering the January to September period, shipments grew 18% yoy to USD 55.68 billion.
2021-11-05

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).


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category