Main commodity exports Philippines 2024, by FOB value
Published by
Electronic products were the leading export goods from the Philippines, with a freight on board (FOB) value of about 39 billion U.S. dollars in 2024. This was followed by other manufactured goods.
What electronic products are being produced in the Philippines?
Valued at around 33.7 billion U.S. dollars in 2023, semiconductors contributed the highest value of exports from the Philippines in comparison to other electronic products. These products, sometimes referred to as integrated circuits (IC) or microchips, are used in many electrical appliances, consumer electronic products, and even in trains and telecommunications infrastructure. Apart from semiconductors, the electronics industry also produces electronic data processing products such as hard disk drives, consumer electronics, and automotive electronics. Overall, the value of electronic exports in the Philippines has continued to fluctuate since 2019.
Major trade partners for electronic exports
Asian countries, primarily Hong Kong, China, and Singapore, were the main destinations for electronic exports from the Philippines, primarily for semiconductor components and devices. Meanwhile, the United States and Thailand were the major trade partners for hard disk drives and other electronic data processing products produced in the Philippines. Other destinations for electronic exports were Japan, Taiwan, and South Korea.
