Manufacturing Sector In The Philippines
Statistics & Facts
The Philippines is on its way to becoming an emerging manufacturing hub in Asia, and with the sector continuing to contribute the highest share of the country's gross domestic product (GDP). Exported manufactured goods were seen to have increased in recent periods as the Philippines integrates into the global manufacturing supply chain and invests in upskilling its current workforce. However, various factors continue to challenge the resurgence of the manufacturing industry, as the country remains import-dependent for its raw materials.
Percent Share To The Gross Domestic Product (GDP) Of The Philippines In 2023, By Sector
What products are made in the Philippines?
In 2022, the largest share of exported commodity goods from the Philippines were electronic products, particularly semiconductors and electronic data processing products such as hard drives, making it the biggest contributor to the country's export sales. Semiconductors are used in many electrical appliances and consumer electronic products such as smartphones and televisions, and the sector also produces final products and specific parts in the medical devices and automotive electronics sector. These products were primarily exported to China, Hong Kong, and the United States.
Aside from electronics, the Philippines has a large food manufacturing industry, which generated a gross value added of about 1.8 trillion Philippine pesos in 2022. Among the leading food product exports of the Philippines were animal or vegetable fats and oils and processed foods such as bread, cereals, and dairy products. Food manufacturers in the country also produce flour and sugar for domestic consumption and export. In addition, the Philippines also exports chemicals and chemical products such as fertilizers, petrochemicals, and plastic products.
Leading Commodity Goods Exported From The Philippines In 2022, By Fob Value
