[Data sheet courtesy of Export Development Council via iNFORMS (EDC eNewsletter)]
Philippine merchandise exports rose by 26.1% in June 2025 generating USD7.02 billion, up from USD5.57 billion in the same month last year, according to the Philippine Statistics Authority (PSA).
This reflects an upward trend from the 15.5% growth in May 2025 and marks a strong rebound from the 17.3% decline recorded in June 2024.
This is the second-highest year-on-year growth in the past two years, next to the 28.2% expansion recorded in April 2024, with the strongest export performance driven by 17.3% share of the country’s total exports by the United States.
The U.S. remained the Philippines’ largest export destination, with exports soaring by 35.2% to USD1.21 billion, from USD898.38 million a year ago.
Exports in June 2025 also saw strong performance in other key markets, including HongKong (USD1.07 billion or 15.2%), Japan (USD974.80 million or 13.9%), the People’s Republic of China (USD733.99 million or 10.5%), and Singapore (USD311.96 million or 4.4%).
A robust global appetite for key Philippine export products fueled the strong performance, with significant contributions from mineral products, machinery and transport equipment, gold exports, manufactured goods, and coconut oil.
Department of Trade and Industry (DTI) Secretary Cristina A. Roque said the surge in exports reflects the adaptability of Filipino enterprises and the gains from the government’s sustained trade promotion and policy support.
“Amid global challenges like geopolitics and supply chain issues, Filipino businesses continue to find ways to grow and compete. Their strength helps boost our export performance,” Secretary Roque emphasized.
According to DTI-Export Marketing Bureau (EMB) Director Bianca Pearl Sykimte, the strong performance, particularly in the US market, may partly reflect accelerated deliveries by exporters in anticipation of potential tariff adjustments.
“While this contributed to the June surge, it also underscores the importance of diversifying our export markets. We are actively working to support sectors that are heavily reliant on the US by opening new trade avenues and strengthening our presence in emerging and strategic markets,” Sykimte said.
