That dollar amount results from a 12.2% increase compared to $74.6 billion five years earlier for 2021.
Year over year, the total value of goods exported from the Philippines flatlined accelerated by 14.8% from $73 billion during 2024.
Based on the average exchange rate for 2025, the Philippine peso depreciated by -14.3% against the US dollar since 2021 but rose 0.3% from 2024 to 2025. The weaker local currency in the Philippines since 2021 made exports paid for in stronger US dollars relatively less expensive for international buyers starting from American currency in 2025.
The Philippines ranks among world-leading nations for exporting bananas, pineapples and nickel. Filipino exporters also place as a major force among Asian nations in the international sales for the number one export, electronic circuits.
Key Trading Partners for the Philippines
The latest available country-specific data shows that 84.6% of products exported from the Philippines was bought by importers in: United States of America (16.1% of the Filipino total), Hong Kong (14.7%), Japan (13.8%), mainland China (11.1%), Netherlands (4.3%), Singapore (4.2%), Germany (4%), South Korea (3.93%), Taiwan (3.92%), Thailand (3.5%), Malaysia (3.2%) and Vietnam (1.8%).
From a continental perspective, 65.1% of Philippines’ exports by value was delivered to fellow Asian countries while 19.1% was sold to importers in North America.
Philippines shipped another 13.4% worth of goods to buyers in Europe.
Tinier percentages went to customers in Oceania (1.4%) led by Australia and New Zealand, Latin America (0.7%) excluding Mexico but including the Caribbean, then Africa (0.3%).
Given the Philippines’ population of 114.4 million people, its total US$83.8 billion in 2025 exported products translates to roughly $725 for every resident in the densely populated island nation in Southeast Asian. That dollar amount exceeds the average $650 for 2024.
Philippines Top 10 Exports
The following export product groups categorize the highest dollar value in Filipino global shipments during 2025. Also shown is the percentage share each export category represents in terms of overall exports from the Philippines.
- Electrical machinery, equipment: US$44.4 billion (53.1% of total exports)
- Machinery including computers: $7.1 billion (8.5%)
- Optical, technical, medical apparatus: $3.4 billion (4.1%)
- Animal/vegetable fats, oils, waxes: $3.1 billion (3.7%)
- Ores, slag, ash: $2.88 billion (3.4%)
- Fruits, nuts: $2.85 billion (3.4%)
- Gems, precious metals: $2.7 billion (3.3%)
- Copper: $1.7 billion (2.1%)
- Plastics, plastic articles: $1.2 billion (1.4%)
- Aircraft, spacecraft: $844.1 million (1%)
The Philippines’ top 10 export product categories generated over four-fifths (83.9%) of the overall value of its global shipments.
Gems and precious metals represent the fastest grower among the top 10 export categories, up by 69.1% from 2024 to 2025.
In second place for improving export sales was aircraft and spacecraft via a 42.4% advance.
The Philippines’ shipments of fruits and nuts posted the third-fastest gain in value, up by 35.6%.
The decliners among the Philippines’ top 10 export categories were plastics both as materials and items made from plastic (down -4.9% year-over-year) and copper (down -1.4%).
Note that the results listed above are at the categorized two-digit Harmonized Tariff System (HTS) code level.
For a more granular view of exported goods at the four-digit HTS code level, see the section below.
Searchable List of the Philippines’ Most Valuable Export Products
At the more granular four-digit HTS code level, the following searchable table displays 100 of the most in-demand goods shipped from the Philippines during 2025.
Shown beside each product label is its total export value then the percentage increase or decrease since 2024.
| Rank | Export Product | Latest (US$) | YoY |
|---|---|---|---|
| 1 | Integrated circuits/microassemblies: | $29,057,699,000 | +28.4% |
| 2 | Insulated wire/cable: | $3,054,441,000 | +3.5% |
| 3 | Coconut/palm/babassu oil: | $2,875,228,000 | +31.3% |
| 4 | Electrical converters/power units: | $2,101,782,000 | +19% |
| 5 | Computers, optical readers: | $2,025,170,000 | +9.7% |
| 6 | Printing machinery: | $1,980,427,000 | +6.2% |
| 7 | Gold (unwrought): | $1,940,964,000 | +41.6% |
| 8 | Bananas, plantains: | $1,682,364,000 | +36.3% |
| 9 | Computer parts, accessories: | $1,601,622,000 | +35.1% |
| 10 | Nickel ores, concentrates: | $1,474,534,000 | +41.1% |
| 11 | Electrical capacitators: | $1,332,084,000 | +12% |
| 12 | Phone devices including smartphones: | $1,202,712,000 | +28.5% |
| 13 | Solar power diodes/semi-conductors: | $1,073,732,000 | +10.8% |
| 14 | Electric motors, generators: | $997,711,000 | +214.8% |
| 15 | Copper ores, concentrates: | $885,352,000 | -32.2% |
| 16 | Lower-voltage switches, fuses: | $861,835,000 | +6.9% |
| 17 | Oscilloscopes, spectrum analyzers: | $857,196,000 | +0.3% |
| 18 | Cameras, flash apparatus | $855,181,000 | +66.2% |
| 19 | Aircraft or spacecraft parts: | $830,158,000 | +41.4% |
| 20 | Unrefined copper: | $825,806,000 | +536138% |
| 21 | Unrecorded sound media: | $768,266,000 | +12.8% |
| 22 | Precious metal waste, scrap: | $734,813,000 | +282.5% |
| 23 | Automobile parts/accessories: | $681,883,000 | -5.9% |
| 24 | Printed circuits: | $584,776,000 | +0.1% |
| 25 | Dates/figs/pineapples/mangoes/avocadoes/guavas: | $579,034,000 | +22.4% |
| 26 | Cases, handbags, wallets: | $557,011,000 | +5.4% |
| 27 | Cruise/cargo ships, barges: | $540,180,000 | +0.2% |
| 28 | Coconuts, cashews | $526,108,000 | +73.8% |
| 29 | Plastic tubes, pipes, fittings: | $452,581,000 | +5.9% |
| 30 | Orthopedic appliances: | $450,051,000 | +24.3% |
| 31 | Lenses, prisms, mirrors: | $432,254,000 | -48.1% |
| 32 | Miscellaneous preserved fruits: | $420,207,000 | -02% |
| 33 | Nickel matte, oxide sinters: | $409,410,000 | +8.8% |
| 34 | Fish, caviar (preserved/prepared): | $404,295,000 | -13.4% |
| 35 | Rubber tires (new): | $395,966,000 | +0.5% |
| 36 | Copper mattes, cement copper: | $395,195,000 | +331997% |
| 37 | Optical fiber cables, sheets, plates: | $392,612,000 | +10.4% |
| 38 | Iron ores, concentrates: | $388,165,000 | +7.2% |
| 39 | Fruit and vegetable juices: | $372,303,000 | +15.7% |
| 40 | Processed petroleum oils: | $359,307,000 | +92% |
| 41 | Other measuring/testing machines: | $352,571,000 | +74.2% |
| 42 | Coal, solid fuels made from coal: | $320,660,000 | -37.8% |
| 43 | Air or vacuum pumps: | $305,340,000 | +24.3% |
| 44 | TV/radio/radar device parts: | $288,927,000 | -50.4% |
| 45 | Cigars/cigarellos, cigarettes: | $280,927,000 | +13.9% |
| 46 | Electric water heaters, hair dryers: | $254,871,000 | -23.5% |
| 47 | Copper waste, scrap: | $228,038,000 | +9.9% |
| 48 | Base metal mountings, fittings: | $221,168,000 | +52.6% |
| 49 | Iron or steel scrap: | $212,426,000 | +24.5% |
| 50 | Speed/distance meters: | $210,099,000 | -4.4% |
| 51 | Electric storage batteries: | $204,150,000 | -6.9% |
| 52 | Wrist/pocket watches (no precious metal case): | $203,667,000 | +10.9% |
| 53 | Electro-medical equip (e.g. xrays): | $202,085,000 | +3.1% |
| 54 | Vegetable saps, extracts: | $198,278,000 | -15.1% |
| 55 | Concrete/artificial stone items: | $196,850,000 | +18.6% |
| 56 | Seats (excluding barber/dentist chairs): | $194,154,000 | +95.6% |
| 57 | TV receiver/transmit/digital cameras: | $187,986,000 | +228.1% |
| 58 | Radar, radio communication items: | $183,446,000 | -59.4% |
| 59 | Electrical resistors: | $180,556,000 | -50.3% |
| 60 | Unmanufactured tobacco, tobacco waste: | $176,757,000 | -9.4% |
| 61 | Regulate/control instruments: | $166,031,000 | +69.2% |
| 62 | Bread, biscuits, cakes, pastries: | $157,817,000 | +1.9% |
| 63 | Acyclic alcohols: | $156,490,000 | +52.8% |
| 64 | Electric sound/visual signal bells or alarms: | $155,451,000 | +135% |
| 65 | Pipe/chewing/snuff tobaccos: | $154,321,000 | +19.6% |
| 66 | Carbon/natural mineral products: | $153,896,000 | +28.7% |
| 67 | Aluminum bars/rods: | $153,850,000 | +22.7% |
| 68 | Natural rubber: | $153,132,000 | +16.6% |
| 69 | High-voltage switches, fuses: | $150,611,000 | +12.6% |
| 70 | Sawn wood: | $148,996,000 | +2.7% |
| 71 | Miscellaneous plastic items: | $147,613,000 | -8.8% |
| 72 | Microphones/headphones/amps: | $145,715,000 | -1.5% |
| 73 | Electrical lighting/signaling equpment, defrosters: | $142,465,000 | -1.9% |
| 74 | Lamps, lighting, illuminated signs: | $142,386,000 | +3.9% |
| 75 | Mixed sauces, seasonings | $138,752,000 | +2.5% |
| 76 | Amine-function compounds: | $136,933,000 | +28.8% |
| 77 | Crude oil: | $131,852,000 | -21.6% |
| 78 | Sulphides: | $131,493,000 | +9.6% |
| 79 | Miscellaneous furniture: | $131,442,000 | -1.6% |
| 80 | Wood charcoal: | $126,673,000 | +50.3% |
| 81 | Transmission shafts, gears, clutches: | $123,497,000 | +12.2% |
| 82 | Miscellaneous iron or steel items: | $122,776,000 | +25.1% |
| 83 | Electrical machinery: | $114,649,000 | +3.2% |
| 84 | Precious metal ores, concentrates: | $114,435,000 | +7111% |
| 85 | Miscellaneous office machines: | $111,047,000 | +45.5% |
| 86 | Magnets including electro-magnets: | $108,745,000 | -28.1% |
| 87 | Print/write/draw inks: | $107,510,000 | +12.5% |
| 88 | Electrical/optical circuit boards, panels: | $106,165,000 | +53.6% |
| 89 | Other food preparations: | $105,033,000 | +33.9% |
| 90 | Copper foil: | $101,331,000 | +1.6% |
| 91 | Calculators, accounting/ticket machines, cash registers: | $99,458,000 | +18.3% |
| 92 | Taps, valves, similar appliances: | $94,665,000 | -88.3% |
| 93 | Palm oil: | $94,451,000 | +41% |
| 94 | Plastic packing goods, lids, caps: | $89,841,000 | -6.4% |
| 95 | Women's clothing (not knit or crochet): | $85,214,000 | -40.1% |
| 96 | Plastic builders' items: | $85,068,000 | +3.1% |
| 97 | Vulcanized rubber items: | $84,117,000 | +5.6% |
| 98 | Centrifuges, filters and purifiers: | $83,803,000 | +22.4% |
| 99 | Moluscs: | $81,561,000 | +5.8% |
| 100 | Leather clothing, accessories: | $81,457,000 | +3.4% |
The showcased 100 exported goods were worth a subtotal of US$75.9 billion or 90.6% by value for all products exported from the Philippines during 2025.
The fastest growers among the 100 most valuable exports from the Philippines were: unrefined copper (up 536,138% from 2024 to 2025), copper mattes and cement copper (up 331,997%), precious metal ores and concentrates (up 7,111%), precious metal waste and scrap (up 282.5%), television receivers, transmitters and digital cameras (up 228.1%) then electric motors and generators (up 214.8%).
Products Generating Highest Trade Surpluses for Philippines
The following types of Filipino product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.
In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.
- Electrical machinery, equipment: US$10.9 billion (Up by 21.8% since 2024)
- Gems, precious metals: $2.4 billion (Up by 91.1%)
- Fruits, nuts: $2.1 billion (Up by 44.3%)
- Ores, slag, ash: $1.8 billion (Reversing a -$665.4 million deficit)
- Animal/vegetable fats, oils, waxes: $952.2 million (Up by 8.9%)
- Copper: $420.8 million (Down by -20.5%)
- Nickel: $382.6 million (Up by 12.6%)
- Vegetable/fruit/nut preparations: $299.3 million (Up by 4.3%)
- Meat/seafood preparations: $295.3 million (Down by -29.3%)
- Leather/animal gut articles: $287.4 million (Up by 4.2%)
The Philippines has highly positive net exports in the international trade of electronic equipment including consumer electronics. In turn, these cashflows indicate the Philippines’ strong competitive advantages under the electronic equipment category.
Products Causing Greatest Trade Deficits for Philippines
The Philippines incurred an overall -US$58 billion trade deficit in 2025, slimming by -6.3% from -$61.9 billion in red ink one year earlier for 2024.
Below are exports from the Philippines that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country the Philippines’ goods trail Filipino importer spending on foreign products.
- Mineral fuels including oil: -US$17.3 billion (Down by -10.7% since 2024)
- Vehicles: -$9.9 billion (Up by 13.2%)
- Machinery including computers: -$4.7 billion (Up by 18.7%)
- Iron, steel: -$4.5 billion (Up by 6.8%)
- Cereals: -$4.2 billion (Down by -18.4%)
- Plastics, plastic articles: -$3.9 billion (Up by 18.5%)
- Articles of iron or steel: -$2.8 billion (Up by 13.7%)
- Meat: -$2.5 billion (Up by 22.2%)
- Pharmaceuticals: -$2.3 billion (Up by 1.8%)
- Food industry waste, animal fodder: -$1.9 billion (Down by -16.3%)
The Philippines has highly negative net exports and therefore deep international trade deficits for mineral fuels-related products. Historically, copious amounts of red ink were incurred for refined petroleum oils followed by crude oil, coal then petroleum gas.
These cashflow deficiencies clearly indicate the Philippines’ competitive disadvantages in the international fossil fuel market, but also represent key opportunities for the Philippines to improve its position in the global economy through focused innovations particularly in alternative energy sources.
Major Filipino Export Companies
Ten Filipino corporations rank among Forbes Global 2000. Below is a sample of the major export companies headquartered in the Philippines that Forbes included.
- Aboitiz Equity Ventures (industrial conglomerates)
- Alliance Global Group (industrial conglomerates)
- Ayala (industrial conglomerates)
- PLDT (telecommunications services)
- San Miguel (industrial conglomerates)
According to global trade intelligence firm Zepol, the following companies are also examples of Filipino export companies.
- Acbel Polytech Philippines (electric static converters, primary batteries)
- Aruze G A Philippines Branch (machine tools, printers, copiers, operated games)
- Calfurn Mfg Philippines (bamboo/wood furniture, kitchenware, tableware)
- Pacific Paint Boysen Philippines (polymers, oils)
- Yuenthai Philippines (shirts, blouses)
In macroeconomic terms, the Philippines’ total exported goods represent 5.7% of its overall Gross Domestic Product for 2025 ($1.479 trillion valued in Purchasing Power Parity US dollars). That 5.7% for exports to overall GDP per PPP in 2025 compares to 5.3% in 2024. Those percentages suggest a relatively increasing reliance on products sold on international markets for Philippines’ total economic performance, albeit based on a short timeframe.
Another key indicator of a country’s economic performance is its unemployment rate. The unemployment rate for the Philippines averaged 4.483% for 2025, up from an average 3.808% for 2024 per the International Monetary Fund.
See also Philippines Top 10 Imports and Philippines Top Trading Partners
Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles, Central Intelligence Agency. Accessed on April 19, 2026.
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on April 19, 2026
International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on April 19, 2026
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on April 19, 2026
International Trade Centre, Trade Map. Accessed on April 19, 2026
Investopedia, Net Exports Definition. Accessed on April 19, 2026
Wikipedia, Gross domestic product. Accessed on April 19, 2026
Wikipedia, List of Companies of the Philippines. Accessed on April 19, 2026
Wikipedia, Philippines. Accessed on April 19, 2026
Wikipedia, Purchasing power parity. Accessed on April 19, 2026
Zepol’s company summary highlights by country. Accessed on April 19, 2026