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.