Manila: The electronic sector continues to drive growth of the Philippines' export, which posted an annual growth of 17.3 percent to USD7.34 billion in July 2025, from year-ago's USD6.25 billion.
According to Philippines News Agency, the Department of Trade and Industry (DTI), in a news release Thursday, cited data from the Philippine Statistics Authority (PSA) indicating that exports growth sustained its rise for the seventh consecutive month last July. Total exports for the seven months amounted to USD48.62 billion, up by 13.9 percent from the USD42.69 billion during the same period last year.
Electronics exports have expanded by 24.5 percent to USD3.92 billion, primarily due to strong demand for semiconductors. Trade and Industry Secretary Cristina Roque remarked that the consistent rise in exports, particularly in electronics and minerals, underscores the resilience of Filipino enterprises. The surge is attributed to strong international demand and the increasing competitiveness of Philippine industries.
Roque also noted that despite the resilience of Philippine exports, there is a need for broader growth. She assured stakeholders that the DTI is committed to expanding the country's exports. The bulk of demand for Philippine exports currently comes from the US, at 15.8 percent, followed by Hong Kong at 15.2 percent; Japan at 13.6 percent; China at 11.3 percent; and the Netherlands at 4.3 percent.
DTI-Export Marketing Bureau (EMB) Director Bianca Pearl Sykimte highlighted the agency's active pursuit of growth in Europe, ASEAN, and the Middle East. She mentioned that through targeted trade promotions, business-matching programs, and platforms like PHX Source and the FTA Integrated Portal, the agency is assisting Filipino exporters in seizing opportunities in new markets.