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 continue reading : PH export gains momentum in February, expands by 15.0%, also surpasses pre-pandemic level
14.5% growth caps 2021 PH export, likely to double in the next five years
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 continue reading : 14.5% growth caps 2021 PH export, likely to double in the next five years
Gradual recovery in PH goods exports seen in June 2020
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 continue reading : Gradual recovery in PH goods exports seen in June 2020
PH exports’ slowdown decelerates in May
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.
DTI-EMB urges passage of economic stimulus bill to get exporters back on track
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.
Q1 exports slip amid lockdown but electronics subsectors buck trend
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 continue reading : Q1 exports slip amid lockdown but electronics subsectors buck trend
PH exports grow for second straight month in February
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.
Exports jump 4.4% to $94.4 billion last year, hitting national target
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.
DTI bares ‘record level’ $70.3-billion exports in 2019
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 continue reading : DTI bares ‘record level’ $70.3-billion exports in 2019