The nation’s agricultural trade saw significant growth in July 2025, with total trade reaching $2.49 billion, marking a 12.4% increase from the same period last year, according to the Philippine Statistics Authority (PSA). This growth trend continues from June 2025, which saw a 13.1% annual increase, and July 2024, which had a 6.6% annual increase.
Exports and Imports Show Strong Performance
Total agricultural exports reached $779.32 million in July, representing a 17.5% annual increase from $663.38 million in July 2024. These exports accounted for 10.6% of the country’s total exports.
The top 10 agricultural export commodities were the primary drivers of this growth, contributing 97.5% of the total agricultural export revenue. The combined value of these top 10 groups increased by a notable 19.0% annually. Leading the pack were edible fruits and nuts, citrus peels, and melons, which alone accounted for a substantial 31.6% of total agricultural exports, valued at $246.19 million.
Meanwhile, agricultural imports amounted to $1.71 billion, making up 68.7% of the total agricultural trade. The balance of trade in agricultural goods recorded a $929.78 million deficit, an increase of 4.9% annually. This deficit is a reversal from the annual decreases seen in June 2025 (5.2%) and July 2024 (3.5%).
ASEAN Trade and Key Partnerships
Agricultural exports to ASEAN member countries totaled $63.72 million in July, accounting for 6.2% of all exports to the region. Malaysia emerged as the top buyer within the ASEAN bloc, purchasing $23.17 million worth of agricultural goods, which represents a 36.4% share of the country’s total agricultural exports to ASEAN.
