Philippine exports accelerated sharply in March 2026, with year-on-year growth jumping to 20.4%, up from 8.0% in February 2026. The latest figures, updated on 30 April 2026, point to a strong rebound in external demand compared with the same period a year earlier.
The data are based on a year-over-year comparison, meaning the March 2026 export performance is measured against March 2025 levels, while the February 2026 figure was compared with February 2025. The more than doubling of the growth rate between February and March highlights a significant improvement in the country’s export momentum as the first quarter drew to a close.
This robust pickup in exports could have positive implications for the Philippines’ trade balance and overall economic outlook if sustained, particularly given the role of external demand in supporting growth in the manufacturing and services sectors. Investors and policymakers will be watching upcoming monthly data closely to see whether March’s strong performance marks the beginning of a more durable uptrend in foreign sales.
