Exports from the Philippines grew by 6.0% yoy to USD 6.13 billion in April 2022, after a 5.9% rise the previous month, pointing to the 14th straight month of growth, amid prolonged geopolitical tensions and supply chain issues. Sales rose for coconut oil (156.6%), gold (53.0%), other mineral products (51.0%), cathodes & section of cathodes (17.1%), bananas (9.0%), chemicals (3.5%), and electronic products (0.8%). In contrast, shipments fell for ignition wiring sets and other wiring sets used in vehicles, aircraft (-24.4%), other manufactured goods (-19.8%), and machinery & transport equipment (-11.6%). Exports increased to China (0.6%), the US (9.4%), Hong Kong (0.6%), Singapore (32.4%), Netherlands (19.0%), Taiwan (17.0%), South Korea (16.2%), the ASEAN countries (18.4%) and the U (1.1%). On the other hand, shipments dropped to Japan (-1.0%), Thailand (-11.3%), and Germany (-12.2%). source: Philippine Statistics Authority

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

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Philippines Exports YoY


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).
Actual Previous Highest Lowest Dates Unit Frequency
6.00 5.90 155.30 -41.30 1958 - 2022 percent Monthly

News Stream
Philippines Exports Rise for 14th Month
Exports from the Philippines grew by 6.0% yoy to USD 6.13 billion in April 2022, after a 5.9% rise the previous month, pointing to the 14th straight month of growth, amid prolonged geopolitical tensions and supply chain issues. Sales rose for coconut oil (156.6%), gold (53.0%), other mineral products (51.0%), cathodes & section of cathodes (17.1%), bananas (9.0%), chemicals (3.5%), and electronic products (0.8%). In contrast, shipments fell for ignition wiring sets and other wiring sets used in vehicles, aircraft (-24.4%), other manufactured goods (-19.8%), and machinery & transport equipment (-11.6%). Exports increased to China (0.6%), the US (9.4%), Hong Kong (0.6%), Singapore (32.4%), Netherlands (19.0%), Taiwan (17.0%), South Korea (16.2%), the ASEAN countries (18.4%) and the U (1.1%). On the other hand, shipments dropped to Japan (-1.0%), Thailand (-11.3%), and Germany (-12.2%).
2022-06-09
Philippines Exports Growth at 5-Month Low
Exports from the Philippines grew by 5.9% yoy to USD 7.17 billion in March 2022, after an upwardly revised 15.8% growth the previous month. This was the 13rd straight month of growth in overseas sales but the slowest pace since last October, amid weakening global demand due to mounting geopolitical tensions. Sales rose for coconut oil (63.9%), other mineral products (19.7%), gold (40.0%), and electronic products (8.1%). By contrast, exports fell for metal components (-21.6%), machinery & transport equipment (-33.9%), cathodes & section of cathodes (-0.9%), chemicals (-8.0%), other manufactured goods (-4.5%), and ignition wiring sets and other wiring sets used in vehicles, aircraft (-5.8%). Shipments increased to the US (8.1%), China (8.8%), Japan (5.1%), Hong Kong (10.2%), Singapore (21.8%), Thailand (13.8%), Taiwan (15.4%), South Korea (0.3%), and the ASEAN countries (11.8%). On the other hand, shipments dropped to Germany (-10.4%), the Netherlands (-0.6%), the EU (-10.1%).
2022-05-06
Philippines Export Growth at 6-Month High
Exports from the Philippines rose by 15.0% yoy to USD 6.16 billion in February 2022, after a 8.9% gain the previous month. This was the 12th straight month of growth in overseas sales and the fastest pace since August, amid solid global demand and despite mounting geopolitical risks. Sales rose for cathodes & section of cathodes (130.2%), coconut oil (118.2%), other mineral products (27.5%), electronic equipment (17.2%), electronic products (15.1%), chemicals (14.2%), other manufactured goods (53.4%), and ignition wiring sets and other wiring sets used in vehicles, aircraft (6.4%). By contrast, exports fell for both metal components (-22.1%) and machinery & transport equipment (-22%). Shipments went up to the US (6.5%), China (24.6%), Japan (1.7%), Hong Kong (18.6%), Singapore (59.6%), Thailand (9.3%), Netherlands (69.5%), South Korea (19.7%), the ASEAN countries (26.2%), and the EU (21.3%). On the other hand, shipments were down to Germany (-5.3%) and Indonesia (-41.4%).
2022-04-08


United Nations Comtrade Database
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