The Philippine Statistics Authority announced on Tuesday that seasonally adjusted total exports in August totaled $6.99 billion, a 1.2 percent decrease from the “de-seasonalized” exports of $7.07 billion in July.
“Seasonal factors, such as the degree of demand for selected major types of goods during the period, pushed up the total value of exports and export value of manufactured goods. However, these pulled down the export values of total agro-based products and mineral products,” the PSA said.
Seasonally adjusted export of agro-based products hit $588.73 million, declining by 1 percent in August from $594.79 million in July 2025.
Mineral products exports were valued at $730.03 million, compared to $875.48 million in July, representing a 16.6 percent decline.
“Meanwhile, manufactured goods with seasonally adjusted export sales amounting to $5.51 billion posted a monthly increase of 0.2 percent in August 2025 from its $5.50 billion export sales in July 2025,” the PSA said.
Meanwhile, the PSA reported that imports reached $10.58 billion, a 6.2 percent decrease from $11.28 billion in July.
The total value of imports and the value of consumer goods were also adjusted for seasonal factors. This also led to a decline in the import values of capital goods, raw materials, and intermediate goods, the PSA stated.
Declines in imports were recorded for raw materials and intermediate goods, at $3.86 billion from $4.01 billion, representing a 3.6 percent drop; consumer goods, at $2.29 billion from $2.37 billion, a 3.3 percent decline; and capital goods, at $3.27 billion from $3.37 billion, a 2.8 percent decrease
