The country’s total exports in January 2019 amounted to US$5.28 billion, a decline of 1.8% from US$5.37 billion in the same period last year. Japan ranked first among the Philippines’ top export markets, with export receipts amounting to US$885 million. Other top Philippine export destinations in January 2019 were: USA, US$834 million; Hong Kong, US$645 million; China, US$641 million; and, Singapore, US$298 million.
Electronic products led the country’s top export merchandise in January 2019, with receipts valued at US$2.79 billion, an increase of 1.7% from its level in the same period last year at US$2.75 billion. Other top export products in January 2019 were: machinery and transport equipment, US$318 million; other manufactured goods, US$313 million; ignition wiring set and other wiring sets used in vehicles, aircrafts and ships, US$196 million; and fresh bananas, US$161 million.