PH electronic exports to remain flat in 2025

The country's electronic exports is projected to remain flat with a potential to undergo a modest one to two percent growth this year, even if the United States (US) moves to impose high tariffs against foreign-made conductors.

- By DEXTER BARRO II

Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) President Danilo Lachica told reporters that the group is sticking to its initial projection of a flat growth from last year's electronic exports valued at $42.6 billion.

Lachica, however, said that it could also grow by at least two percent this year.

He said this optimism was based on the export performance in the first half, which stood at $23.56 billion or six percent higher than $22.34 billion in the same period last year.

Based on data from the Philippine Statistics Authority (PSA), electronic exports accounted for 57.12 percent of the country's total exports.

"If you linearize that to the end of the year, it's going to be more than the $42.6 billion," said Lachica.