FX.co ★ Philippines Exports Rise for 4th Month

Exports from the Philippines experienced a 7% year-on-year increase, reaching USD 6.7 billion in April 2025. This follows a revised 8.7% increase observed in the previous month. While the growth continued for the fourth consecutive month, its pace has slightly decelerated. The rise was largely spurred by increased sales in various sectors, notably other manufactured goods (143.8%), metal components (26.9%), bananas (25.4%), and coconut oil (14.3%). Among the Philippines' major trading partners, the United States dominated export shares at 15.9%, followed by Japan and Hong Kong, each at 13.2%, and China at 10.4%. Looking at the cumulative data from January to April, exports saw a notable rise of 9.5%, culminating in USD 26.9 billion compared to the same period in the previous year.