Philippine exports surge 26.1% in June, second-best in two years

Philippine merchandise exports jumped by 26.1 percent in June 2025, reaching $7.02 billion, the Philippine Statistics Authority reported, marking the second-highest year-on-year growth recorded in the last two years. The record follows a 28.2 percent spike in April 2024.

The boost was driven by increased global demand for key Philippine export products such as mineral goods, machinery and transport equipment, gold, manufactured items, and coconut oil.

Trade and Industry Secretary Cristina A. Roque credited the performance to the resilience of Filipino businesses and continued government efforts to support exporters.

“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,” Roque said.

She added that, under the directive of President Ferdinand Marcos Jr., the Department of Trade and Industry is stepping up trade support through targeted market insights, business-matching activities, and international trade missions.

The United States remained the Philippines’ top export market, with shipments growing 35.2 percent to $1.21 billion, up from $898.38 million a year ago. Exports to Hong Kong increased by 13.8 percent to $1.07 billion, while exports to Japan rose 30.5 percent to $974.80 million.

Bianca Pearl Sykimte, director of the DTI-Export Marketing Bureau, said the strong US performance may be partly due to accelerated shipments ahead of potential tariff changes.

“While this contributed to the June surge, it also underscores the importance of diversifying our export markets,” Sykimte said. “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."