Philippines Exports (2024)

Exports in Philippines increased to 5935948.15 USD Thousand in January from 5784379.16 USD Thousand in December of 2023. Exports in Philippines averaged 1950894.50 USD Thousand from 1957 until 2024, reaching an all time high of 7745587.60 USD Thousand in October of 2022 and a record low of 23000.00 USD Thousand in October of 1957. source: Philippine Statistics Authority

Exports in Philippines is expected to be 6500000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Exports is projected to trend around 8600000.00 USD Thousand in 2025, according to our econometric models.


Components Last Previous Unit Reference
Exports YoY 9.10 -0.50 percent Jan 2024

Related Last Previous Unit Reference
Balance of Trade -4221131.98 -4178122.73 USD Thousand Jan 2024
Capital Flows 6.25 9.20 USD Million Dec 2023
Current Account 106.82 -636.05 USD Million Dec 2023
Current Account to GDP -1.30 -4.40 percent of GDP Dec 2023
Exports 5935948.15 5784379.16 USD Thousand Jan 2024
Exports by Category
Exports by Country
External Debt 125393.69 111268.17 USD Million Dec 2023
Foreign Direct Investment 826.00 1056.00 USD Million Dec 2023
Gold Reserves 164.77 164.77 Tonnes Dec 2023
Imports 10157080.13 9962501.89 USD Thousand Jan 2024
Imports by Category
Imports by Country
Imports YoY -7.60 -3.50 percent Jan 2024
Cash Remittances 2835905.00 3280333.50 USD Thousand Jan 2024
Terrorism Index 6.33 6.79 Points Dec 2022
Tourist Arrivals 582332.00 574439.00 Feb 2024

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).

Actual Previous Highest Lowest Dates Unit Frequency
5935948.15 5784379.16 7745587.60 23000.00 1957 - 2024 USD Thousand Monthly



Philippines Exports (2024)
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