Philippine exports extend rally as risks mount

The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.

Trade Secretary Cristina A. Roque said the agency is focused on sustaining momentum in the country’s semiconductor and electronics sector, a key driver of outbound shipments, through tighter execution of its industry roadmap and expanded market access efforts.

“We remain committed to ensuring the sustained growth of the semiconductors and electronics industry while supporting exporters in adapting to dynamic global developments,” Roque said, adding that demand in critical sectors has held steady despite shifting external conditions.

To cushion the impact of geopolitical tensions, including the Middle East conflict, the DTI has launched an Export Assistance Helpdesk through its Export Marketing Bureau. The initiative provides exporters with real-time advisories, updates on trade routes, and guidance on diversifying markets or rerouting shipments.

Preliminary data from the Philippine Statistics Authority showed export sales rose 8% year on year to USD7.33 billion in February 2026, marking the 14th straight month of expansion and the highest level since October 2025.

Year-to-date, exports increased 8.3 percent to USD14.47 billion, the strongest performance for the period on record since 1991.

Electronics remained the country’s top export, accounting for 58 percent of total shipments, buoyed by firm global demand for semiconductor components used in emerging technologies. The United States led as the biggest market, followed by Hong Kong, Japan, China, and the Netherlands.

Industry leaders said shipment volumes remain robust, signaling continued resilience despite mounting uncertainties.

Related Stories

spot_img

Latest Stories