PH exports soar to record-high in August 2026, says PSA

The country’s merchandise exports surged 27.8% to US$9.11 billion in August 2026, hitting a record-high in the last 35 years, according to the preliminary data of the Philippine Statistics Authority (PSA).

The Philippines’ merchandise exports from January to August of this year reached US $64.04 billion, a 14.8% rise from the US $55.80 billion in the same period in 2025.

“Filipino exporters continue to demonstrate their capability to compete and succeed globally. This 35-year high builds on the sustained export growth we have achieved since last year, proving that the international market is ready and eager for Philippine products,” said Department of Trade and Industry (DTI) Secretary Cristina Roque in a statement.

The surge in exports was driven by electronic products at US $6.20 billion, accounting for 68.1% of total exports for August.

It was followed by other mineral products at US $393.54 million, or 4.3% of the total exports. Meanwhile, gold posted US $321.27 million, or 3.5% increase.

The United States remained as the country’s largest export market, receiving US $2.17 billion worth of goods in August or 23.8% of total exports.

Hong Kong came next at US $1.57 billion, China at US $1.05 billion, Japan at US $704.49 million, and Taiwan at US $516.01 million.

Moreover, the DTI said that it is currently monitoring supply and logistical challenges in the agro-processes export sectors.

The DTI added that it is seeking to boost export sales through trade promotions.

“Through our overseas trade offices and export programs, we will continue helping our businesses understand what buyers need, improve their products, and turn international exposure into sustained export growth,” said Roque.

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—Vince Angelo Ferreras/RF, GMA News