The Philippine Statistics Authority (PSA) reported that the country’s external trade performance showed robust growth in November 2025, driven by a double-digit surge in export sales. Total external trade in goods reached USD 17.33 billion, marking a 6.1% annual increase compared to the USD 16.33 billion recorded in November 2024.
This performance reflects a continued upward trend, surpassing the 4.9% annual growth recorded in October 2025 and signaling a strong recovery from the 5.2% decline seen in the same period last year.
The nation’s export sector emerged as the primary catalyst for growth. Total export sales for November 2025 climbed to USD 6.91 billion, a significant 21.3% increase from USD 5.70 billion in November 2024.
The growth was largely fueled by high-performing commodity groups:
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Electronic Products: Remained the top contributor with a massive USD 1.41 billion annual increment.
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Machinery and Transport Equipment: Followed with an increase of USD 72.07 million.
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Gold: Recorded an annual gain of USD 61.16 million.
From January to November 2025, the year-to-date total export value reached USD 77.39 billion, representing a healthy 14.5% rise over the previous year’s figures.
While imports still account for the majority of trade at 60.1% (compared to 39.9% for exports), the strong export performance has led to a notable improvement in the country’s trade balance.
The Balance of Trade in Goods (BoT-G) for November 2025 stood at USD -3.51 billion. While still a deficit, this represents a 28.8% annual decrease, continuing the trend of narrowing the trade gap observed in October 2025 (-27.9%).
“The sustained growth in exports, particularly within the electronics and machinery sectors, is significantly strengthening the country’s trade position,” the report indicated.
| Category | Value (USD) | Annual Change (%) |
| Total External Trade | $17.33 Billion | +6.1% |
| Total Export Sales | $6.91 Billion | +21.3% |
| Trade Deficit (BoT-G) | -$3.51 Billion | -28.8% (Improvement) |
