normal_post - Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012 - Philippine Daily News Author Topic: Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012  (Read 299 times)

Lorenzo

  • SUPREME COURT
  • THE LEGEND
  • *****
  • avatar_240_1418794287 - Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012 - Philippine Daily News
  • Posts: 54226
  • medal1 - Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012 - Philippine Daily Newsmedal2 - Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012 - Philippine Daily Newsmedal3 - Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012 - Philippine Daily Newsmedal4 - Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012 - Philippine Daily Newsmedal5 - Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012 - Philippine Daily Newsmedal6 - Philippine Exports up↑ 6.1% to $4.4 Billion USD in October 2012 - Philippine Daily News
  • Be the change you want to see in the world...
    • Share Post
Top gainers included tuna (294.4%), bananas (101.9%), petroleum products (43.5%), metal components (40.7%), and coconut oil (5.6%).

PHILIPPINES EXPORTS continue climb in October despite electronics' subdued growth, buoyed by gains in other commodities, data from the National Statistics Office (NSO) showed.

Outbound shipments stood at $4.41 billion, up 6.1% from the $4.16 billion recorded a year earlier. Month-on-month, however, exports contracted by 7.9% from $4.78 billion in September.

The October result brought aggregate merchandise exports for the year to $44.47 billion, up by 7.1% from last year's $41.53 billion but still short of the government's revised 8% full-year target.

Electronics, the country's top export with a 43.1% share of total revenues, eked out muted gains. Export sales totaled $1.90 billion, up by 0.3% and trimming its total year-to-date loss to 6.56%, NSO data showed.

Faster upticks were seen in woodcraft and furniture, which grew by 14.3% to $237.25 million; and cathodes and sections of cathodes, which grew by 44.8% to $149.63 million.

Top gainers included tuna (294.4%), bananas (101.9%), petroleum products (43.5%), metal components (40.7%), and coconut oil (5.6%).

Japan emerged as the country's top export destination in October with revenues reaching $730.71 million, followed by Hong Kong with $646.93 million. East Asia was the biggest bloc for Philippine exports, accounting for 55.3% of total exports at $2.44 billion in October. (http://is.gd/buvdgb)

Business World Online

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=62941.0
Easy way to borrow money online. Visit www.tala.ph



Share via facebook Share via linkedin Share via pinterest Share via reddit Share via twitter
 

Sign-up or Log-in Free

 
 
Welcome, Guest. Please login or register.
SMF spam blocked by CleanTalk
Powered by SMFPacks SEO Pro Mod | Sitemap
Mobile View
SimplePortal 2.3.7 © 2008-2020, SimplePortal