FX.co ★ Philippines Narrows Import Decline in November: Year-over-Year Analysis

The Philippine economy saw a notable improvement in its import activities in November 2025, according to newly released data. The latest figures indicate that the decline in imports has significantly reduced, with a current rate of -2.0% compared to the same period last year. This represents a marked improvement from October 2025, when imports diminished by -6.5% year-over-year.

The data, updated on December 26, 2025, highlights a positive shift for the Filipino market, suggesting a revitalization of import activities and potentially pointing towards a broader economic recovery. Such trends could be indicative of increasing domestic demand or restored supply chains, factors crucial in driving economic growth after periods of contraction.

The narrowing of the import decline may offer a glimmer of hope for stakeholders looking for stability and growth in the Philippine economic landscape, though continued monitoring and strategic economic planning will be essential to sustain this positive momentum heading into the new year.