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Author Topic: Philippine exports  (Read 1283 times)

hubag bohol

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Philippine exports
« on: October 15, 2013, 06:09:07 PM »
http://www.tradingeconomics.com/


Exports in Philippines decreased to 4580986 USD Thousand in August of 2013 from 4836427 USD Thousand in July of 2013. Exports in Philippines is reported by the The National Statistics Office (NSO). Philippines Exports averaged 1273162.84 USD Thousand from 1957 until 2013, reaching an all time high of 5340847 USD Thousand in September of 2010 and a record low of 23000 USD Thousand in October of 1957. Philippines is the world’s largest producer of coconut, pineapple and abaca (more than 7 percent of total exports revenues). The country is also a major exporter of electronic products like processors, chips and hard drives (over 40 percent of exports). Other exports include: woodcrafts and furniture (5 percent), metal components (3 percent), wiring sets (3 percent), apparel and clothing, bananas, petroleum products and tuna. Main export partners are: Japan (28 percent of total exports), United States (15 percent), China (12 percent), Hong Kong (9 percent), Singapore (8 percent), Thailand (5 percent) and Germany (4 percent). This page contains - Philippines Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

2013-10-15

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Re: Philippine exports
« Reply #1 on: October 15, 2013, 06:30:11 PM »
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hubag bohol

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Re: Philippine exports
« Reply #2 on: October 15, 2013, 07:06:57 PM »
EXPORTS | Notes

Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


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Re: Philippine exports
« Reply #3 on: October 15, 2013, 07:35:00 PM »
Exports grow to P4.6B
http://www.sunstar.com.ph/
Tuesday, October 15, 2013


THE National Economic and Development Authority (Neda) said merchandise exports grew for the third consecutive month this year, outperforming selected countries in Asia in terms of export growth in August 2013.

This statement came after the National Statistics Office (NSO) reported that merchandise exports grew by 20.2 percent in August 2013 to $4.6 billion, from $3.8 billion a year ago.

Neda officer-in-charge (OIC) and Deputy Director-General Rolando G. Tungpalan said this growth was supported by brisk overseas sales in all major commodity groups.

“We are now reaping the benefits of our efforts to diversify the country’s exports base as seen in the increasing revenues from agro-based, forest, mineral and petroleum products. This, when combined with strong performance of manufactured goods, will bring our exports industry to full recovery and sustained growth,” he said.

Manufactured goods, which contracted in July, posted a turnaround last month as it rose 8.7 percent to $3.7 billion in August 2013. Hike in exports of garments, wood manufactures, chemicals, and machinery and transport equipment offset the slight decrease in electronic exports during the period.

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Re: Philippine exports
« Reply #4 on: October 15, 2013, 07:36:27 PM »
Robust growth in mineral products (183.2 percent), total agro-based products (83.8 percent), petroleum (115,374.8 percent) and forest products (86.5 percent) also contributed to the strong export performance in August.

“With this growth, the Philippines was the strongest performer among its East and Southeast Asian neighbors in terms of export growth in August 2013,” Tungpalan said.

Following the Philippines as top export performer, Viet Nam recorded an annual increase of 15.5 percent. Most trade-oriented economies in the East and Southeast Asian region showed positive export performance in August 2013, except for Japan and Indonesia.

Japan remained as the top exports destination of the Philippines in July 2013, accounting for 25 percent of the country’s total export receipts. This was followed by the US (12.6 percent), China (10.5 percent), Singapore (8.5 percent), and Hong Kong (7.6 percent).

For the first eight months of 2013, Philippine export earnings decreased marginally by 0.8 percent to $35.0 billion from $35.3 billion in the same period in 2012. (PR)

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