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 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

PH records export growth momentum despite challenges in global trade

MANILA—Despite some disruptions in the reopening of the global economy and in international trade, cumulative Philippine exports reached USD 62.1 billion in January-October 2021, growing by 16.1% compared to the same period last year and 5.71% higher than the pre-pandemic average values from 2016 to 2019. Merchandise exports increased by 2% year-on-year (YOY) to USD continue reading : PH records export growth momentum despite challenges in global trade