Exports from the Philippines rose by 7.1% yoy to USD 6.27 billion in December 2021, after a 6.6% gain the previous month. This was the tenth straight month of growth in overseas sales and the fastest pace since August, amid solid global demand and easing supply chain issues. Shipments mainly rose for coconut oil (135.2%), other manufactured goods (53.5%), chemicals (43%), machinery & transport equipment (19.2%), electronic equipment (16.5%), other mineral products (4.9%), and electronic products (1.8%). By contrast, sales fell for ignition wiring sets and other wiring sets used in vehicles, aircraft (-24.1%), metal components (-5.3%), and bananas(-4.8%). Exports went up to the US (9.3%), China (10.3%), Japan (8%), Singapore (58.3%), Germany (16%), Netherlands (48.7%), Germany (1.4%), the ASEAN countries (14.7%), and the EU (26.3%); while fell to Hong Kong (-8.2%), Thailand (-11.8%), Taiwan (-3.7%), South Korea (-17.7%), and Vietnam (-2%). 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.