Philippine merchandise exports rose to $7.1 billion in January 2026, extending growth to 13 consecutive months, according to preliminary data from the Philippine Statistics Authority.
The figure marked a 7.9 percent increase from $6.6 billion in January last year and the highest level since October 2025.
Electronic products remained the country’s top export, generating more than $4 billion and accounting for 56.5 percent of total shipments. Manufactured goods comprised $5.6 billion or 79.3 percent of overall exports.
Mineral products contributed $732.3 million, supported by the resumption of nickel ore shipments. Gold exports reached $488.8 million.
Agro-based products brought in $573.8 million, lifted by higher banana output and stronger prices for desiccated coconut. Machinery and transport equipment added $383.2 million.
More than 70 percent of exports were shipped to markets covered by Free Trade Agreements and Generalized Schemes of Preferences under the administration of Ferdinand R. Marcos Jr..
Trade Secretary Cristina A. Roque said the results reflect steady global demand for Philippine goods.
“The broad-based gains across electronics, minerals, and agro-based products demonstrate that Filipino products are already consumed and recognized globally, reflecting the high quality and reliability of our industries,” Roque said. “We will build on this performance by further deepening market reach through our expanded FTA network, strengthening value chains, and enhancing exporter support to secure steady growth throughout the year.”
The United States remained the largest export market at $1.2 billion, followed by Hong Kong, Japan, China and South Korea.