Philippine Merchandise Exports: May 2024
March Export posted a negative growth of -3.1%
Total exports in May 2024 decreased by -3.1 percent which amounts to USD 6.33 billion, in the same month of the previous year exports increased by 2.7 percent amounting to USD 6.4Bilion
Export Performance of Goods
Monthly 2022-2024
(FOB Value in Million U.S. Dollars)
| Month | 2022 | 2023 | 2024 |
| January | 6,043 | 5,231 | 5,935 |
| February | 6,159 | 5,078 | 5,905 |
| March | 7,170 | 6,528 | 6,130 |
| April | 6,128 | 4,903 | 6,215 |
| May | 6,309 | 6.441 | 6,328 |
| June | 6,643 | 6,703 | |
| July | 6,211 | 6,144 | |
| August | 6,410 | 6,701 | |
| September | 7,163 | 7,249 | |
| October | 7,695 | 7,745 | |
| November | 6,278 | 7,165 | |
| December | 5,667 | 5,810 |
Cumulative Export Performance of Goods
Year to Date 2022-2024
(FOB Value in Million U.S. Dollars)
| Month | 2022 | 2023 | 2024 |
| January | 6,043 | 5,231 | 5,935 |
| February | 12,205 | 10,332 | 11,844 |
| March | 19,417 | 16,860 | 17,975 |
| April | 25,550 | 21,766 | 24,191 |
| May | 31,873 | 28,208 | 30,838 |
| June | 38,527 | 34,944 | |
| July | 44,739 | 41,088 | |
| August | 55,155 | 47,810 | |
| September | 58,319 | 58,852 | |
| October | 66,014 | 66,597 | |
| November | 74,653 | 73,763 | |
| December | 78,863 | 79,574 |