Exports from the Philippines rose by 2.2 percent year-on-year to USD 6.22 billion in September 2020, after a downwardly revised 12.8 percent plunge in August. This was the first rise in exports since February, as more countries relaxed COVID-19 lockdowns. Sales expanded for cathodes and sections of cathodes (133.9%), other mineral products (73.3%), metal components (32.9%), chemicals (25.9%), electronic equipment and parts (24.3%), other manufactured goods (5.4%), and electronic products (0.8%). In contrast, exports fell for bananas (-32.9%), machinery and transport equipment (-2.7%), and ignition wiring sets and other wiring sets used in vehicles, aircraft, and ships (-1%). Shipments rose to China (43.3%), Japan (0.7%), the US (14.5%), Singapore (9.1%), Thailand (21.9%), Germany (7.7%), and the ASEAN countries (10.1%). In contrast, sales fell to the US (-3.4%), Hong Kong (-7.5%), South Korea (-47%), and the EU (-6.9%). source: National Statistics Office of Philippines

Exports in Philippines averaged 1721610.06 USD Thousand from 1957 until 2020, reaching an all time high of 6341727.87 USD Thousand in October of 2019 and a record low of 23000 USD Thousand in October of 1957. This page provides - Philippines Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Exports - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Exports in Philippines is expected to be 4750000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Philippines to stand at 4950000.00 in 12 months time. In the long-term, the Philippines Exports is projected to trend around 4960000.00 USD Thousand in 2021, according to our econometric models.

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Philippines Exports

Actual Previous Highest Lowest Dates Unit Frequency
6216330.00 5128230.00 6341727.87 23000.00 1957 - 2020 USD Thousand Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-05 01:00 AM Jun -13.3% -26.9%
2020-09-10 01:00 AM Jul -9.6% -12.5%
2020-10-09 01:00 AM Aug -18.6% -9.1%
2020-11-04 01:00 AM Sep 2.2% -12.8%
2020-12-10 01:00 AM Oct 2.2%
2021-01-10 01:00 AM Nov
2021-02-11 01:00 AM Dec
2021-03-10 01:00 AM Jan


News Stream
Philippines Exports Grow for First Time Since February
Exports from the Philippines rose by 2.2 percent year-on-year to USD 6.22 billion in September 2020, after a downwardly revised 12.8 percent plunge in August. This was the first rise in exports since February, as more countries relaxed COVID-19 lockdowns. Sales expanded for cathodes and sections of cathodes (133.9%), other mineral products (73.3%), metal components (32.9%), chemicals (25.9%), electronic equipment and parts (24.3%), other manufactured goods (5.4%), and electronic products (0.8%). In contrast, exports fell for bananas (-32.9%), machinery and transport equipment (-2.7%), and ignition wiring sets and other wiring sets used in vehicles, aircraft, and ships (-1%). Shipments rose to China (43.3%), Japan (0.7%), the US (14.5%), Singapore (9.1%), Thailand (21.9%), Germany (7.7%), and the ASEAN countries (10.1%). In contrast, sales fell to the US (-3.4%), Hong Kong (-7.5%), South Korea (-47%), and the EU (-6.9%).
2020-11-04
Philippines Exports Drop Faster
Exports from the Philippines tumbled 18.6 percent year-on-year in August 2020, after a downwardly revised 9.1 percent fall a month earlier, as the COVID-19 pandemic hit global demand. Sales fell for most categories: gold (-31.3 %), ignition wiring sets and other wiring sets used in vehicles, aircraft and ships (-15.7%), machinery and transport equipment (-2.7%) , bananas (-19.4%), other manufactured goods (-18.3%), metal components (-13.6%), and chemicals (-15.0%). Exports of electronic products, the country's top sales, also shrank -20.1%. In contrast, sales rose for both other mineral products (62.8%), and coconut oil (13.9%). Shipments contracted to the US (-24.8%), China (-23.6%), Hong Kong (-22.8%), Singapore (-6.5%, Thailand (-6.9%), Germany (-12.0%), South Korea (-37.1%), Netherlands (-17.5%), Malaysia (-14.4%), the ASEAN countries (-10.4%), and the EU (-22.0%). In contrast, sales grew to Japan (1.4%).
2020-10-09
Philippines Exports Fall at Softer Rate
Exports from the Philippines declined by 9.6 percent year-on-year to USD 5.65 billion in July 2020, after a downwardly revised 12.5 percent slump in June, as the COVID-19 pandemic hit global demand. Sales fell for most categories: gold (-41.6 %), ignition wiring sets and other wiring sets used in vehicles, aircraft and ships (-35.9%), machinery and transport equipment (-30.9%) , bananas (-21.6%), other manufactured goods (-16.2%), metal components (-15.2%), and chemicals (-0.8%). Exports of electronic products, the country's top sales, also shrank -12.6%.In contrast, sales rose for both other mineral products (52.2%), and cathodes and sections of cathodes, of refined copper (21.3%). Shipments contracted to the US 9-2.7%), Japan (-14%), Hong Kong (-8.4%), South Korea (-23.2%), Taiwan (-19.7%), Netherlands (-32%), the ASEAN countries (-3.8%), and the EU (-22.5%). In contrast, sales grew to China (3.1%), Singapore (3%), and Malaysia (1.8%).
2020-09-10
Philippines Exports Drop at Softer Rate
Exports from the Philippines fell by 13.3% yoy to USD 5.33 billion in June 2020, after a downwardly revised 26.9% plunge in May. Sales fell for most categories: metal coponentgs (-30.5%); coconut oil (-29.7%); machinery and transport equipment (-26.3%); ignition wiring sets and other wiring sets used in vehicles, aircraft and ships (-25.8%), bananas (-17.4%); other manufactured goods (-16.9%), cathodes and sections of cathodes (-10.4%). Exports of electronic products, the country's top sales, also shrank -10.4%.In contrast, sales rose for both other mineral products (59.5%), and chemicals (3.3%). Shipments contracted to Japan (-9.3%), Hong Kong (-6.9%), the US (-23.6%), Singapore (-5.2%), South Korea (-21.7%), Taiwan (-4.3%), the ASEAN countries (-11.5%), and the EU (-23.7%).On the other hand, sales to China grew by 2.8%.
2020-08-05

Philippines Exports
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
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