SEIPI

PHILIPPINE ELECTRONICS IMPORT PERFORMANCE FEBRUARY 2025

 

Electronics imports in February 2025 declined by 16.12% to US$ 2.11 billion, which is 22.46% of the country’s US$ 9.41 billion total commodity imports.

 A.  PH Electronics Imports: (Month-on-Month) 

Fig. 1: PH Electronics Imports (January 2025 vs February 2025)

The country’s electronics imports decreased by 16.12% from US$ 2.52 billion in January 2025 to US$ 2.11 billion in February 2025. See Fig. 1.

 

Imports in eight (8) electronics sectors shrunk, led by Automotive Electronics at 60.20%, from US$ 5.90 million to US$ 2.35 million. This was followed by Office Equipment (41.68%), Electronic Data Processing (35.79%), Communication/Radar (32.16%), Consumer Electronics (28.47%), Control and Instrumentation (18.01%), Semiconductor Components/Devices (10.94%), and Telecommunication (7.30%).

 

Medical/Industrial Instrumentation increased by 7.72%, from US$ 17.04 million to US$ 18.36 million. 

B. PH Electronics Imports: (Year-on-Year)

The electronics imports went up by 9.83%, from US$ 1.92 billion in February 2024 to US$ 2.11 billion in February 2025, as shown in Fig. 2.

 

Six (6) sectors grew, which was led by Consumer Electronics at 30.81%, from US$ 127.25 million to US$ 157.28 billion, as shown in Table 2. This was followed by Telecommunication (18.77%), Semiconductor Components/Devices (14.83%), Office Equipment (5.40%), Control and Instrumentation (3.38%), and Medical/Industrial Instrumentation (0.04%).

 

Three (3) sectors contracted, namely, Automotive Electronics (60.91%), Electronic Data Processing (17.16%), and Communication/Radar (11.71%).

Fig. 2: PH Electronics Imports (February 2024 vs February 2025)

C.   PH Electronics Imports (Year-to-Date)

Fig. 3: PH Electronics Exports (January – February 2024 vs. January – February 2025)

Cumulative electronics imports climbed by 12.37%, from US$ 4.12 billion in 2024 to US$ 4.63 billion in 2025. These comprised 22.16% of the total Philippine commodity imports YTD (See Fig. 3).

 

Five (5) electronics sectors increased, led by Consumer Electronics at 26.55%, from US$ 213.27 billion to US$ 270.02 billion. This was followed by Telecommunication (17.41%), Semiconductor Components/Devices (15.76%), Office Equipment (10.63%), and Control and Instrumentation (3.22%). Kindly refer to Table 3.

 

Meanwhile, four (4) electronics sectors shrunk, led by Automotive Electronics at 37.03%, from US$ 13.10 million to US$ 8.25 million. It was followed by Medical/Industrial Instrumentation (16.30%), Electronic Data Processing (2.08%), and Communication/Radar (1.74%). 

COUNTRIES OF ORIGIN (FEBRUARY 2025)

Table 1 shows that the top five (5) countries of origin of electronics imports in February 2025 were China (31.73%), Japan (12.41%), the USA (9.45%), South Korea (8.64%), and Taiwan (8.42%).   

Table 1: Top 5 Countries of Origin for Electronics Imports ((January 2025 vs February 2025))

The rest of the top ten countries of origin were Singapore (7.17%), Malaysia (4.79%), Hong Kong (3.71%), Vietnam (3.02%), and Thailand (2.25%). 

Fig. 4: Top Imported Products (February 2025)

Fig. 4 shows the top imported electronics products in February 2025. Materials and accessories for the manufacture of semiconductor devices imported from China increased by 14.57%. Meanwhile, Multi-component Integrated Circuits (MCO) imported from Taiwan decreased by 64.65%. See Table 3.

Table 2: PH Electronics Imports Product by Sector (Month-on-Month and Year-on-Year)

Table 3: PH Electronics Imports Product by Sector (Year-to-date)

Table 4: PH Top Electronics Import Products and Countries of Destination