In December 2025, Philippine exports experienced a significant surge, rising by 23.3% year-on-year to reach USD 7 billion. This growth accelerated from a previously revised increase of 21.6% in the prior month and marked the most robust annual expansion since June of that year. The increase was largely attributed to the elevated sales of electronic products, which climbed by 43.6%, underscoring their role as the nation's leading export commodity. Within this category, components/devices and data processing equipment were particularly noteworthy. Additionally, exports of machinery and transport equipment saw a rise of 27.7%, while gold exports increased by 42%. However, there were declines in other areas such as other manufactured goods (-9.9%), coconut oil (-8.5%), and chemicals (-12.9%).
The United States maintained its position as the largest market for Philippine exports, accounting for 15.7% of the total, despite the imposition of a 19% tariff on Philippine products in August 2025. Other major markets included Hong Kong (15.1%), Japan (14%), China (11.3%), and Singapore (4.7%). For the entire year of 2025, Philippine exports totaled USD 84.4 billion, signaling a 15.2% increase compared to the previous year, 2024.
