The country’s total exports in January-April 2018 amounted to US$20.96 billion, a decline of 6.2% from US$22.34 billion in the same period last year. USA ranked first among the Philippines’ top export markets, with export receipts amounting to US$3.17 billion. Other top Philippine export destinations in January-April 2018 were: Hong Kong, US$3.15 billion; Japan, US$3.12 billion; China, US$2.47 billion; and, Singapore, US$1.37 billion.
Electronic products led the country’s top export merchandise in January-April 2018, with receipts valued at US$11.75 billion, an increase of 3.3% from its level in the same period last year at US$11.38 billion. Other top export products in January-April 2018 were: other manufactured goods, US$1.28 billion; machinery and transport equipment, US$1.11 billion; metal components, US$598 million; and ignition wiring set and other wiring sets used in vehicles, aircrafts and ships, US$491 million.