FX.co ★ Philippine Imports Rebound in September

In September 2025, the Philippines experienced a 2.1% year-on-year increase in imports, reaching a total of USD 11.6 billion. This growth marks a turnaround from the previously revised 0.3% decline observed the month before. The resurgence in imports was notably driven by increased acquisitions of electronic products, which surged by 26.4%, as well as gains in transport equipment, up by 1.8%, and industrial machinery and equipment, which climbed by 8.7%. Conversely, there was a decline in the importation of mineral fuels, lubricants, and related materials, which decreased by 6.2%, alongside a 5.8% drop in other food and live animals imports. Among its largest trading partners, China maintained its position as the Philippines' primary supplier, accounting for 28.6% of total imports, with an increase of 15.9% in shipments. Import volumes also rose from South Korea by 34.5%, Japan by 11%, and the United States by 6.9%. Over the cumulative period from January to September, imports expanded by 5.3%, totaling USD 100.19 billion compared to the corresponding period in the previous year.