Philippine Merchandise Exports: July2023

May Export posted a negative growth of -1.2%
Total exports in July 2023 decreased by -1.2 percent which amounts to USD 6.14 billion, from an increment of 0.9 percent in the previous month.
Export Performance of Goods
Monthly 2021-2023
(FOB Value in Million U.S. Dollars)
Month | 2021 | 2022 | 2023 |
January | 5,490 | 6,043 | 5,231 |
February | 5,308 | 6,159 | 5,078 |
March | 6,687 | 7,170 | 6,528 |
April | 5,714 | 6,128 | 4,903 |
May | 5,893 | 6,309 | 6.441 |
June | 6,505 | 6,643 | 6,703 |
July | 6,421 | 6,211 | 6,144 |
August | 6,539 | 6,410 | |
September | 6,678 | 7,163 | |
October | 6,411 | 7,695 | |
November | 6,273 | 6,278 | |
December | 6,270 | 5,667 |
Cumulative Export Performance of Goods
Year to Date 2021-2023
(FOB Value in Million U.S. Dollars)
Month | 2021 | 2022 | 2023 |
January | 5,490 | 6,043 | 5,231 |
February | 10,830 | 12,205 | 10,332 |
March | 17,556 | 19,417 | 16,860 |
April | 23,368 | 25,550 | 21,766 |
May | 29,350 | 31,873 | 28,208 |
June | 35,904 | 38,527 | 34,944 |
July | 42,394 | 44,739 | 41,088 |
August | 49,000 | 55,155 | |
September | 55,679 | 58,319 | |
October | 62,100 | 66,014 | |
November | 68,374 | 74,653 | |
December | 74,644 | 78,863 |