Philippine exports reached USD 6.16 billion in February, growing by 15.0% compared to the same period last year, based on Philippine Statistics Authority (PSA) preliminary data. Moreover, cumulative exports for the first two months of the year amounted to USD 12.2 billion, 11.9% higher than the USD 10.9 billion exports in 2021 and 15.7% continue reading : PH export gains momentum in February, expands by 15.0%, also surpasses pre-pandemic level
Philippine merchandise exports closed 2021 with a 14.5% growth with value reaching USD 74.6B, based on preliminary data from the Philippine Statistics Authority (PSA). Despite the emergence of a new COVID-19 variant that has impeded the full recovery of the global economy, Philippine exported goods increased in December which added USD 6.3B in the country’s continue reading : 14.5% growth caps 2021 PH export, likely to double in the next five years
Philippine merchandise exports for June 2020 shows a gradual recovery of trade amid the Covid-19 pandemic. According to preliminary data from the Philippine Statistics Authority (PSA), June 2020 exports decreased only by 13.3% to USD5.3B from USD6.1B in the same month last year. This is a marked improvement from the 35.6% decline recorded in May continue reading : Gradual recovery in PH goods exports seen in June 2020
13 July 2020 | Still reeling from the impact of Covid-19, Philippine merchandise exports in May 2020 amounted to USD 3.99B, an increase of more than USD 1B from April’s USD 2.83B—the lowest recorded value in since the global financial crisis in 2018.
11 June 2020 | The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) is pushing for the passage of House Bill No. 6815 or the Accelerated Recovery and Investments Stimulus for the Economy of the Philippines (ARISE Philippines) to help exporters get back on their feet. The bill was approved by the House of Representatives in its third and final reading on 4 June 2020.
MAKATI – Six out of nine electronics exports groups reported positive growth for the first quarter despite the COVID-19 pandemic, according to data from the Philippine Statistics Authority (PSA). Automotive exports, in particular, grew 79% to USD57.4M from USD32.1M in the same period Other gainers were Consumer Electronics (up by 40.9% to USD201.9M); Office Equipment, continue reading : Q1 exports slip amid lockdown but electronics subsectors buck trend
08 April 2020
MAKATI – Amidst a backdrop of the surging COVID-19 pandemic, Philippine merchandise exports grew by 2.8% in February 2020 to USD5.4B from USD5.3B in the same period last year, based on the preliminary Philippine Statistics Authority (PSA) data. Semiconductors were still the top export product, comprising 75.7% of electronics exports and 41.7% of all merchandise exports.
Total Philippine exports of goods and services jumped by 4.4 percent to $94.4 billion in 2019 from $90.4 billion in 2018, according to the BPM6 data released by the Bangko Sentral ng Pilipinas on March 20, 2020.
17 February 2020 Published also in Business Mirror Philippine exports reached record high $70.3 billion in 2019, from $69.3 billion in 2018, despite external headwinds from the global trade policy uncertainties, geopolitical tensions, and country-specific challenges, Trade Secretary Ramon M. Lopez revealed this week. “The relatively strong export performance of the Philippines transpired amid DTI’s continue reading : DTI bares ‘record level’ $70.3-billion exports in 2019