The country’s total exports in January-September 2018 amounted to US$50.76 billion, a decline of 2.1% from US$51.83 billion in the same period last year. USA ranked first among the Philippines’ top export markets, with export receipts amounting to US$7.84 billion. Other top Philippine export destinations in January-September 2018 were: Hong Kong, US$7.39 billion; Japan, US$7.11 billion; China, US$6.53 billion; and, Singapore, US$3.26 billion.
Electronic products led the country’s top export merchandise in January-September 2018, with receipts valued at US$28.46 billion, an increase of 5.7% from its level in the same period last year at US$26.91 billion. Other top export products in January-September 2018 were: other manufactured goods, US$2.98 billion; machinery and transport equipment, US$2.63 billion; metal components, US$1.28 billion; and ignition wiring set and other wiring sets used in vehicles, aircrafts and ships, US$1.20 billion.