Imports also posted strong growth, increasing 19.6 percent to $13.71 billion as demand for electronic products, raw materials and capital goods remained robust.
Together, exports and imports lifted the country's total external trade to a record $22.48 billion, the highest since the PSA began compiling the series in 1991.
Despite stronger exports, the Philippines remained in a trade deficit as imports remained higher than exports. However, the $4.94-billion trade gap was the lowest since February 2026, reflecting improving export performance amid sustained import demand.
Exports
Export sales increased 24.1 percent year-on-year to a record $8.77 billion.
Year-to-date exports reached an all-time high of $46.72 billion, up 13.1 percent from the first half of 2025.
Electronic products remained the country's top export at USD5.25 billion, accounting for 59.9 percent of the total..
Manufactured goods accounted for 82.2 percent of total exports, followed by mineral products (8.6 percent) and agro-based products (6.6 percent).
The United States remained the largest export market with $1.76 billion (20.1 percent), followed by:
Hong Kong – $1.34 billion
China – $1.00 billion
Japan – $990.16 million
Singapore – $508.18 million
APEC economies received 83.9 percent of Philippine exports, while East Asia accounted for 45.6 percent of total export value.
Imports
Imports rose 19.6 percent to $13.71 billion in June.
Year-to-date imports climbed 17.8 percent to a record $77.53 billion.
Electronic products were also the country's biggest import commodity at $4.77 billion, representing 34.8 percent of total imports.
Raw materials and intermediate goods accounted for 42.9 percent of imports, followed by capital goods (26.4 percent) and consumer goods (18.5 percent).
China remained the largest source of imports with $4.35 billion (31.7 percent), followed by:
South Korea – $1.78 billion
Japan – $919.13 million
Indonesia – $912.63 million
United States – $706.70 million
APEC economies supplied 87.9 percent of Philippine imports, with East Asia accounting for 56.2 percent of total imports.
Trade balance
Total external trade expanded 21.3 percent to a record $22.48 billion, with imports accounting for 61 percent and exports 39 percent of total trade.
The trade deficit widened 12.3 percent year-on-year to $4.94 billion, although it was the smallest monthly deficit since February 2026, suggesting exports gained ground even as import demand remained strong.
—Ed: Corrie S. Narisma
