The Philippine Statistics Authority on Thursday reported that the country’s export value climbed to $84.48 billion in 2025, posting a 15.3 percent increase from $73.27 billion in 2024 based on the International Merchandise Trade Statistics.

According to Rachel C. Lacsa, the United States remained the Philippines’ top export trading partner during the year with total exports valued at $13.46 billion.

Electronic products remained the country’s leading export commodity to the US market, accounting for $7.35 billion.

Meanwhile, total imports reached $134.20 billion in 2025, up 5.2 percent from the $127.60 billion recorded in the previous year.

The China remained the Philippines’ largest source of imports, accounting for 28.6 percent of total inbound shipments.

Electronic products also topped import commodities from China with a total value of $9.77 billion.

Despite the rise in exports, the country posted a balance of trade deficit amounting to $49.72 billion, indicating that import values continued to exceed export earnings.

The PSA said the balance of trade reflected a negative 8.5 percent year-on-year growth rate.