Philippines Trade Trends February 2025

According to data released by the Philippine Statistics Authority, the country’s international trade showed the following trend in February 2025, with exports increasing by 3.9 per cent year-on-year, while imports fell by 1.8 per cent.

Electronic products remained the Philippines' top export, representing almost half of the country’s total exports during the period, followed by other manufactured goods and machinery and transport equipment.

By main trading partner, exports to USA comprised the highest export value amounting to USD 986.84 million with a share of 15.8 per cent to the country’s total exports in February 2025, followed by Japan (15.7 per cent), China (10.3 per cent), and  Netherlands (5.6 per cent).

In its latest outlook, the International Monetary Fund estimated the Philippines’ GDP growth rate to 6.1 per cent in 2025.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, with 667 million people and a territory of 4.5 million km². It is currently the third-largest economy in Asia-Pacific and the fifth-largest in the world. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.