The Philippine government has raised its export growth outlook for 2026, driven by stronger demand for the country's top shipments, according to Philstar Biz.
Export expansion estimates were revised upward as key trading partners increased orders for Philippine goods, particularly electronics and agricultural products. The adjustment reflects improved global economic conditions and sustained demand for semiconductors and other manufactured goods.
Meanwhile, import growth projections were also tweaked higher to account for the heavier cost impact of rising oil prices on the country's import bill. The government noted that higher fuel costs would raise the value of imports even if volumes remain stable, prompting the revision in the 2026 forecast.