Philippine exports climbed 21.3% year on year to $6.9 billion in November 2025, powered largely by a sharp rebound in electronics shipments, the Department of Trade and Industry (DTI) said.
The November performance extended the country’s export growth to 11 consecutive months and marked the third straight month of double-digit expansion.
Electronics remained the single biggest contributor, accounting for $4.2 billion in export receipts — up 50.6% from a year earlier — underscoring the sector’s central role in the Philippines’ trade recovery.
From January to November, total exports reached $77.4 billion, up 14.5% year on year and already more than $4 billion higher than full-year 2024 levels. The stronger export showing helped narrow the trade deficit by 9.9% as import growth moderated.
Department of Trade and Industry (DTI) secretary Cristina A. Roque said the figures point to renewed competitiveness for Philippine exporters, particularly in technology-linked industries.
“The continued rise in our exports shows that Filipino-made products remain competitive worldwide. The remarkable growth in electronics reflects strong global demand and supports jobs, incomes, and wider opportunities for our exporters,” Roque said.
Beyond semiconductors and electronic components, technology-adjacent exports also posted solid gains. Machinery and transport equipment rose 29.4% to $317 million in November, while non-food consumer goods — including furniture and fixtures (+65.9%), footwear (+28.6%), travel goods (+28.3%), and garments (+11.2%) — recorded double-digit growth.
Electronics-heavy trade lanes helped lift overall export performance across major markets. Exports to Hong Kong nearly doubled to $1.2 billion, while shipments to the United States increased 19.3% to a similar level.
The Netherlands and Taiwan more than doubled, adding a combined $330 million, while exports to Germany grew 63.6% to $295.9 million. Malaysia, Mexico, and Italy each posted growth of over 50%.
On a year-to-date basis, exports to Canada and Australia also tripled, reaching $1.6 billion and $1.7 billion, respectively.
While electronics led the surge, agro-based and resource-linked exports provided additional support. Coconut products rose 27.1%, banana and pineapple juice jumped nearly 40%, and gold exports surged 50.7% to $181.8 million.
DTI–Export Marketing Bureau director Bianca Pearl R. Sykimte said improved market access and trade conditions helped sustain export momentum, particularly for food products, even as electronics drove overall growth.
With global demand showing signs of recovery and technology supply chains stabilizing, the DTI said it expects Philippine exports — led by electronics and higher-value manufactured goods — to maintain growth into 2026.
