Philippines Trade Trends October 2025

According to preliminary data released by the Philippine Statistics Authority (PSA), the country’s international trade in goods reached USD 18.6 billion in October 2025, an annual increase of 2.3 per cent, with exports growing by 19.4 per cent year-on-year and imports registering a 6.5 per cent decline.

From January to October 2025, total exports amounted to USD 70.4 billion, up 13.8 per cent on an annual basis. Imports for the same period reached USD 111.7 billion, marking a 4.3 per cent increase.

Electronic products remained the Philippines’ leading export category, generating USD 4.2 billion and accounting for 56.6 per cent of total exports. Machinery and transport equipment and other manufactured goods were the next largest export groups.

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

By economic bloc, most exports in October 2025 were directed to APEC member economies, while East Asia was the leading geographic destination with USD 3.5 billion in export value. For imports, APEC countries accounted for 85.8 per cent of the total, with East Asia representing the largest regional share.

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.