Philippines Trade Trends 2025

According to data released by the Philippine Statistics Authority (PSA), the country’s international trade reached USD 17.5 billion in December 2025, an increase of 13 per cent compared to the same month in 2024, with exports growing by 23.3 per cent from the previous year and imports registering a 7.1 per cent expansion in the same period.

For the whole 2025, exports went up by 15.2 per cent to USD 84.1 billion, while imports have increased by 4.7 per cent to USD 133.6 billion.

Considering the major types of products, manufactured goods remained the Philippines’ leading export category, generating USD 5.6 billion and accounting for 79.9 per cent of total exports. Agro-based products and mineral products were the next largest export groups.

The United States was the Philippines’ top export partner in December 2025, with Japan, China and Singapore among the main destinations. On the import side, China remained the country’s largest supplier, followed by South Korea, Indonesia, Japan, Indonesia, and the USA.

The Association of Southeast Asian Nations (ASEAN), a political and economic union with a population of 667 million and a combined GDP of USD 4.2 trillion in 2025, continues to play a central role in regional trade dynamics.