-
Philippine exports rose 21.3% year-on-year to US$6.9 billion in November 2025, according to the Department of Trade and Industry
-
Export growth extended to 11 consecutive months, with three straight months of double-digit gains
-
January-November exports reached $77.4 billion, up 14.5% year-on-year, exceeding 2024 full-year totals by $4 billion
-
Growth supported by electronics, agro-based products, and consumer goods
-
Stronger exports helped narrow trade deficit by 9.9% as import growth slowed
Philippine exports rose 21.3% year on year to $6.9 billion in November 2025, buoyed by strong demand for electronics, agro-based products, and consumer goods, according to data released by the Department of Trade and Industry (DTI).
The latest performance extended export growth to 11 consecutive months and marked the third straight month of double-digit expansion.
From January to November, exports reached $77.4 billion, up 14.5% from a year earlier and already more than $4 billion higher than full-year 2024 levels. The stronger export showing helped narrow the country’s trade deficit by 9.9%, as import growth moderated.
Trade secretary Cristina Roque said the figures underscore the improving global competitiveness of the country’s export products.
“The continued rise in our exports shows that Filipino-made products remain competitive worldwide. The remarkable growth in electronics, food products, and consumer goods reflects growing global demand and supports jobs, incomes, and wider opportunities for our exporters,” Roque said in an emailed press release.
Export gains in November were broad-based, spanning multiple product categories and markets across Asia-Pacific, the Americas, and Europe.
Electronics led the growth, surging 50.6% to $4.2 billion. Coconut products rose 27.1%, adding over $70 million, while banana and pineapple juice jumped 38.8% and 40%, contributing $46 million combined. Gold exports surged 50.7% to $181.8 million, machinery and transport equipment climbed 29.4% to $317 million, and non-food consumer goods posted double-digit gains, including furniture (+65.9%), footwear (+28.6%), travel goods (+28.3%), and garments (+11.2%).
Top export markets in November included Hong Kong, where shipments nearly doubled to $1.2 billion, the United States with a 19.3% increase to $1.2 billion, and the Netherlands and Taiwan, which more than doubled combined exports by $330 million. Germany posted 63.6% growth to $295.9 million, while Malaysia, Mexico, and Italy each recorded gains of over 50%.
On a year-to-date basis, exports to Canada and Australia tripled to $1.6 billion and $1.7 billion, respectively.
READ: Exporters get boost with launch of Origin Management System
DTI-Export Marketing Bureau director Bianca Pearl Sykimte said improved market access supported growth, particularly in agriculture.
“The US reciprocal tariff exemption on key Philippine agriculture products provides a more level playing field for our food exporters in the US market. Coupled with gains in other markets from strategic export development and promotion initiatives, we see continued momentum for food exports and a more inclusive growth ahead,” she said.
With global demand showing early signs of recovery, the DTI said it expects Philippine exports to sustain the growth momentum into 2026.
READ: PH merchandise exports grow for 10th straight month in Oct
