Philippine exports sustained their upward trend in July 2025, posting a 17.3% year-on-year increase to USD 7.34 billion from USD 6.25 billion in July 2024, driven mainly by the robust performance of the electronics sector. This marks the seventh consecutive month of growth.
Data from the Philippine Statistics Authority showed a third consecutive month of double-digit growth, reversing the declines recorded in the last four months of 2024.
From January to July this year, total exports climbed 13.9% to USD 48.62 billion, compared with USD 42.69 billion in the same period last year.
The electronics sector remained the primary engine of export growth, rising 24.5% to USD 3.92 billion in July. This was driven by semiconductors, reflecting strong global demand for these components and integrated circuits, which are critical to global supply chains for consumer electronics, vehicles, and other digital devices.
Shipments of other mineral products also rose by 7.1% to USD 522.39 million in July, led by copper, nickel, and gold. Copper and nickel are key inputs for clean energy and battery technologies. Exports of other manufactured goods also advanced 5.6% to USD 395.77 million.
Department of Trade and Industry (DTI) Secretary Cristina A. Roque said the latest progress highlights the resilience of Philippine exports while emphasizing the need for broader growth.
“The consistent rise in our exports, particularly in electronics and minerals, highlights the resilience of Filipino enterprises even in a challenging global trading environment. This surge is powered by strong international demand and the increasing competitiveness of Philippine industries,” Roque said.
She added that the DTI remains focused on expanding the country’s export base by supporting emerging sectors, new market expansion, and ensuring more Filipino businesses benefit from global trade.
The United States remained the country’s top export market in July with 15.8% (USD 1.16 billion), followed by Hong Kong at 15.2% (USD 1.12 billion), Japan at 13.6% (USD 996.44 million), China at 11.3% (USD 832.57 million), and the Netherlands at 4.3% (USD 317.25 million).
DTI-Export Marketing Bureau (EMB) Director Bianca Pearl Sykimte said exporters are being encouraged to diversify beyond the country’s top exporters.
“Beyond our traditional partners, we are actively pursuing growth in Europe, ASEAN, and the Middle East. With targeted trade promotions, business-matching programs, and platforms like PHX Source and the FTA Integrated Portal, we are helping Filipino exporters seize opportunities in new markets,” Sykimte noted.
