MANILA –Total merchandise trade grew by 5 percent in October 2016, supported by growth in both imports and exports, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$11.7 billion in October 2016, with imports growing by 5.9 percent and exports, 3.7 continue reading : PH trade keeps growth steady in October 2016
Merchandise trade recovers in August 2016
11 October 2016 MANILA – Total merchandise trade grew by 4.7 percent in August 2016, rebounding from the previous month’s 6.6 percent decline, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$11.8 billion in August 2016 from US$11.4 billion in continue reading : Merchandise trade recovers in August 2016
Exports decline pulls down total trade in July 2016
MANILA- The total merchandise trade declined as exports continue to slide in July 2016, given that global economic recovery remains slow, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from trade fell from US$ 12.2 billion in the previous year to US$11.4 billion in July continue reading : Exports decline pulls down total trade in July 2016
NEDA urges refocusing of export strategies to ease decline
Philippine exports continued to dip for the fourteenth consecutive month in May 2016 due to weak global demand, prompting a need to refocus export strategies of firms, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority released that exports declined by 3.8 percent year-on-year in May 2016 to US$4.7 billion as continue reading : NEDA urges refocusing of export strategies to ease decline
NEDA urges tapping of new destinations, products to overcome exports decline
The Philippines needs to look at non-traditional export destinations and products to widen its market base as the weak global economy continues to pull down the country’s merchandise exports, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total export earnings declined by 15.1 percent in March 2016. continue reading : NEDA urges tapping of new destinations, products to overcome exports decline
Weak global demand pulls down exports anew in February 2016
Global economic slowdown continued to strain Philippine merchandise exports which declined by 4.5 percent in February 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total export earnings reached US$4.3 billion in February 2016, from US$ 4.5 billion in the same month last year, due to decline continue reading : Weak global demand pulls down exports anew in February 2016
PH exports decline by 3.9 percent in January 2016
Philippine exports fell by 3.9 percent in January 2016, with lower earnings from all major commodity groups, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that merchandise exports fell to US$4.2 billion in January 2016 from US$4.4 billion recorded in the same month last year. “The year 2016 continue reading : PH exports decline by 3.9 percent in January 2016
Exports decline despite recovery of petroleum sales in December 2015
Philippine merchandise exports declined by 3.0 percent in December 2015 despite the double-digit increase in petroleum sales, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports fell by US$143 million, reaching US$4.7 billion in December 2015 from US$4.8 billion in the same month continue reading : Exports decline despite recovery of petroleum sales in December 2015
PH EXPORTS SLIGHTLY DECLINE IN NOVEMBER 2015
MANILA – Philippine exports of electronics products showed signs of recovery in November 2015 but overall merchandise exports posted a slight decline, according to the National Economic and Development Authority (NEDA). As the weak global economy continues to affect Philippine exports, the Philippine Statistics Authority reported today that exports fell slightly to US$5.1 billion in continue reading : PH EXPORTS SLIGHTLY DECLINE IN NOVEMBER 2015
WEAK GLOBAL DEMAND DOWNS PH EXPORTS ANEW
MANILA – Philippine exports fell by 10.8 percent in October 2015 on account of continued sluggish external demand, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that merchandise exports fell to US$4.6 billion in October 2015 from US$5.1 billion recorded in the same period last year. “The lingering sluggish global continue reading : WEAK GLOBAL DEMAND DOWNS PH EXPORTS ANEW
Weak global demand, prices down exports in September
MANILA – Philippine merchandise exports fell by 24.7 percent in September 2015 as sluggish global demand and depressed prices weakened exports of all key commodities, , according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports fell to US$4.4 billion in September 2015 from continue reading : Weak global demand, prices down exports in September
PH exports continue to decline in August 2015
MANILA – Philippine merchandise exports declined by 6.3 percent in August 2015, marking the fifth consecutive month of negative export growth this year, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports fell to US$5.1 billion in August 2015 from US$5.5 billion total continue reading : PH exports continue to decline in August 2015
Lower revenues from agro-based, mineral products weigh down PH exports in July 2015
MANILA – Philippine merchandise exports declined by 1.8 percent in July 2015 mainly due to lower sales in total agro-based and mineral products, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports settled at US$5.3 billion, which is US$0.1 billion lower than the continue reading : Lower revenues from agro-based, mineral products weigh down PH exports in July 2015
PH exports continue to decline in June 2015
MANILA – Philippine exports fell for the third consecutive month despite the recovery of the electronics sector in June 2015, according to the National Economic and Development Authority (NEDA). “Weak external demand continues to affect the country’s external trade performance, particularly for the merchandise exports sector. Year-to-date outcome, in terms of both value and volume, continue reading : PH exports continue to decline in June 2015
Decline in PH exports marks slowdown of global economy
MANILA – Philippine merchandise exports registered its sharpest drop since December 2011 as it declined by 17.4 percent in May 2015, according to the National Economic and Development Authority (NEDA). “The recent outturn of Philippine exports, as well as in many Asian economies, reflects the general market outlook and consensus in the near term, signaling continue reading : Decline in PH exports marks slowdown of global economy
