Imports to the Philippines fell by 4.9% year-on-year to USD 10.6 billion in August 2025, slipping from an upwardly revised 5.8% growth in the previous month. This marked the first drop in imports since May, as purchases declined for mineral fuels, lubricants and related materials (-34.2%), cereals and cereal preparations (-19.4%), transport equipment (-6.2%), and miscellaneous manufactured articles (-0.7%). Conversely, inbound shipments increased for telecommunications equipment and electrical machinery (25.6%), metal products (21.9%), and electronic products (11.7%). Among top trading partners, arrivals slumped from Malaysia (-19.4%), Indonesia (-13.8%), Japan (-12.2%), Korea (-8.3%), and Vietnam (-3.3%). Meanwhile, imports went up from Taiwan (33.8%) and China (14.1%). Considering January to August, imports were 5.1% higher compared to the same period last year.
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