Philippine exports rise 17.3% in July on electronics boom

Philippine exports continued their strong upward momentum in July 2025, rising 17.3 percent year-on-year to USD 7.34 billion from USD 6.25 billion in July 2024, led by robust growth in the electronics sector.

This marks the seventh straight month of export expansion and the third consecutive month of double-digit gains, according to data released by the Philippine Statistics Authority.

The recent growth reverses the negative performance recorded in the last four months of 2024, underscoring a recovery driven by global demand.

From January to July 2025, total exports climbed 13.9 percent to USD 48.62 billion, up from USD 42.69 billion in the same period last year.

The electronics sector remained the top contributor to export earnings, growing 24.5 percent year-on-year in July to USD 3.92 billion, with semiconductors as the main driver.

Semiconductors and integrated circuits are essential components for a wide range of industries, including consumer electronics, automotive, and digital technologies.

Shipments of other mineral products also increased by 7.1 percent to USD 522.39 million, fueled by exports of copper, nickel, and gold.

These minerals are critical inputs for renewable energy technologies, particularly batteries and electric vehicles.

Exports of other manufactured goods also saw a 5.6 percent increase, totaling USD 395.77 million for the month.

Department of Trade and Industry Secretary Cristina A. Roque emphasized the resilience of the export sector amid a volatile global market.

“The consistent rise in our exports, particularly in electronics and minerals, highlights the resilience of Filipino enterprises even in a challenging global trading environment,” Roque said.

“This surge is powered by strong international demand and the increasing competitiveness of Philippine industries,” she added.

Roque noted that the DTI remains focused on diversifying the country’s export base through sector development, market expansion, and inclusion of more Filipino enterprises in international trade.

The United States remained the Philippines’ top export destination in July with a 15.8 percent share or USD 1.16 billion in exports.

Hong Kong followed at 15.2 percent (USD 1.12 billion), then Japan at 13.6 percent (USD 996.44 million), China at 11.3 percent (USD 832.57 million), and the Netherlands at 4.3 percent (USD 317.25 million).

Bianca Pearl Sykimte, director of the DTI-Export Marketing Bureau, said the agency is encouraging exporters to tap into new and emerging markets beyond the traditional top partners.

“Beyond our traditional partners, we are actively pursuing growth in Europe, ASEAN, and the Middle East,” Sykimte said.

“With targeted trade promotions, business-matching programs, and platforms like PHX Source and the FTA Integrated Portal, we are helping Filipino exporters seize opportunities in new markets,” she added.

For export-related inquiries, stakeholders may contact the DTI-EMB via email at exports@dti.gov.ph or visit www.tradelinephilippines.dti.gov.ph.