Exports to Philippines rise 9.49% as two categories surge over 100%

Preliminary data from Vietnam Customs show two-way trade between Vietnam and the Philippines reached US$6.64 billion in the reviewed period, up 9.09% from the same period in 2025.

Vietnam’s exports rose 9.49% year on year to US$4.69 billion, while its imports inched up 8.1% to US$1.95 billion, thereby resulting in a trade surplus of US$2.74 billion, up 10.45%.

Transport vehicles and spare parts lead export growth

Rice was Vietnam’s largest export to the Philippines, with a value of US$1.23 billion, equivalent to 2.73 million tonnes. However, compared with the same period in 2025, export volume fell 7.28% and export value declined 15%.

Notably, transport vehicles and spare parts ranked second, with exports reaching US$573 million, up 146.02% year on year, representing an increase of approximately US$340.1 million. This was the largest increase in export value among the product categories separately reported for the Philippine market.

Alongside transport vehicles and spare parts, raw plastics also recorded triple-digit growth. Exports of this category hit US$91.7 million, up 100.52%, more than doubling from the level recorded in the same period last year.

Other major export categories included machinery, equipment, tools and spare parts, worth US$331.1 million, up 11.16%; telephones and components, at US$282.6 million, up 36.65%; and computers, electronic products and components, at nearly US$207 million, up 27.4%. Coffee exports brought back US$214.6 million, down 1.68%.

Computers and components dominate imports

On the import side, Vietnam purchased US$1.95 billion worth of goods from the Philippines in nine months, up 8.16% year on year, representing an increase of more than US$147 million.

Computers, electronic products and components formed the largest import category, valued at nearly US$1.25 billion, up 11.96%. Machinery, equipment, tools and spare parts ranked second, with imports worth US$335.8 million, an increase of 25.08%.

Combined imports of these two categories reached nearly US$1.58 billion, accounting for approximately 81.1% of Vietnam’s total imports from the Philippines.

Electric wires and cables ranked third, with imports valued at US$102.6 million, up 40.37%. Meanwhile, seafood imports amounted to US$29.5 million, down 15.47%, while automotive components and spare parts rose 23.83% to US$23.9 million.

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