The country’s total exports in January 2018 amounted to US$5.22 billion, an increase of 0.5% from US$5.19 billion in January 2017. Japan ranked first among the Philippines’ top export markets, with export receipts amounting to US$895 million. Other top Philippine export destinations in January 2018 were: USA, US$745 million; Hong Kong, US$726 million; China, US$592 million; and, Singapore, US$319 million.
Electronic products led the country’s top export merchandise in January 2018, with receipts valued at US$2.62 billion, an increase of 10.8% from its level in the same period last year at US$2.37 billion. Other top export products in January 2018 were: machinery and transport equipment, US$419 million; other manufactured goods, US$375 million; gold, US$183 million; and metal components, US$177 million.