The country’s total exports in January-November 2017 amounted to US$58.10 billion, an increase of 10.8% from US$52.44 billion in January-November 2016. Japan ranked first among the Philippines’ top export markets, with export receipts amounting to US$9.54 billion. This is a decline of 10.8% from US$10.7 billion during the same period last year. Other top Philippine export destinations in January-November 2017 were: USA, US$8.48 billion; Hong Kong, US$7.85 billion; China, US$6.39 billion; and, Singapore, US$3.52 billion.
Electronic products led the country’s top export merchandise in January-November 2017, with receipts valued at US$29.85 billion, an increase of 10.8% from its level in the same period last year at US$26.93 billion. Other top export products in January-November 2017 were: other manufactured goods, US$3.82 billion; machinery and transport equipment, US$3.44 billion; ignition wiring set and other wiring sets used in vehicles, aircrafts and ships, US$1.89 billion; and woodcrafts and furniture, US$1.50 billion.