EXPORTS GROWTH SIGNALS RECOVERY FOR PH TRADE – NEDA

January 09, 2021 MANILA – Philippine trade performance in November 2020 showed encouraging signs that the country is well-positioned to take advantage of improvements in external demand and that the government’s efforts to reinvigorate businesses is gaining traction, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that after eight continue reading : EXPORTS GROWTH SIGNALS RECOVERY FOR PH TRADE – NEDA

PH TRADE CONTINUES TO SHOW SIGNS OF RECOVERY IN JULY 2020

September 10, 2020 MANILA – The country’s merchandise trade performance continued to show signs of recovery in July 2020, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s total merchandise trade growth remained in negative territory at -18.6 percent in July 2020 against the same period last year. On continue reading : PH TRADE CONTINUES TO SHOW SIGNS OF RECOVERY IN JULY 2020

PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA

July 11, 2019 MANILA – Despite the Philippines’ recent decline in trade performance, imports and exports of goods are expected to be better in the second half of 2019 due to the country’s economic outlook remaining positive for the year, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported today that continue reading : PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA

REFORMS NEEDED TO SUSTAIN EXPORTS RECOVERY – NEDA

June 11, 2019 The National Economic and Development Authority continues to push for critical legislative agenda to make the Philippine export industry more attractive and competitive. The Philippine Statistics Authority reported today that the country’s total merchandise trade declined by 1.0 percent to USD14.5 billion in April 2019 from USD14.7 billion in April 2018, as continue reading : REFORMS NEEDED TO SUSTAIN EXPORTS RECOVERY – NEDA

External headwinds dampen trade performance in December

February 12, 2019 As external challenges remain in the region, merchandise trade growth in the Philippines and in most Asian economies softened in December 2018, the National Economic and Development Authority said. “Merchandise trade in all the monitored Asian economies continued to weaken in the last month of 2018 as the region began to feel continue reading : External headwinds dampen trade performance in December

IMPORTS DRIVE PH TRADE GROWTH IN SEPTEMBER

November 7, 2018 The country’s total merchandise trade grew stronger in September 2018 due to robust imports of capital goods, which is vital for the long-term growth of the domestic economy, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s total trade grew by 13.5 percent in September 2018, continue reading : IMPORTS DRIVE PH TRADE GROWTH IN SEPTEMBER

EXPORTS SUSTAIN GROWTH FOR THIRD STRAIGHT MONTH BUT SUPPORT FOR EMERGING EXPORT SECTORS NEEDED – NEDA

Amid global challenges, government must continue supporting key and emerging export sectors to maintain the country’s trade growth, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the country’s total trade grew for the fifth consecutive month in August 2018 by 7.8 percent, reaching USD15.8 billion. Imports and exports grew by continue reading : EXPORTS SUSTAIN GROWTH FOR THIRD STRAIGHT MONTH BUT SUPPORT FOR EMERGING EXPORT SECTORS NEEDED – NEDA

EXPORTS RECOVER, TRADE CONTINUES GROWTH IN JULY 2018

September 11, 2018 MANILA –  Trade grew for a fourth consecutive month in July 2018, the fastest since January 2018, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the country’s total trade grew by 17.5 percent, reaching USD15.2 billion in July 2018. This growth was buoyed by a hefty increase continue reading : EXPORTS RECOVER, TRADE CONTINUES GROWTH IN JULY 2018

STRONG TRADE GROWTH CONTINUES IN JUNE 2018

August 08, 2018 MANILA –  Promotion and development of Philippine exports should be more aggressive to help in continuing the country’s strong trade performance as recorded in June 2018, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported that the country’s total trade grew by 13.5 percent, reaching USD14.8 billion in June continue reading : STRONG TRADE GROWTH CONTINUES IN JUNE 2018

NEDA PUSHES FOR AGRI BUSINESS REVIVAL TO SUPPORT TRADE GROWTH

March 9, 2018 While sustained double-digit growth in imports pushed up total trade in January 2018, the National Economic and Development Authority said building on the agribusiness sector will further drive growth in trade. Based on a report by the Philippine Statistics Authority, a NEDA-attached agency, total trade grew by 7.0 percent to USD13.8 billion continue reading : NEDA PUSHES FOR AGRI BUSINESS REVIVAL TO SUPPORT TRADE GROWTH

NEDA: PH TO STRENGHTEN PH-US TRADE

MANILA – The National Economic and Development Authority says that the Philippine government aims to implement measures to strengthen trade ties with the United States, considering upbeat trade performance in 2017. In his presentation to the U.S.-Philippines Society Board of Directors’ Meeting on Monday, Socioeconomic Planning Secretary Ernesto M. Pernia highlighted the intention of the continue reading : NEDA: PH TO STRENGHTEN PH-US TRADE

2017 PH TRADE GROWTH EXCEEDS GOV’T EXPECTATIONS

  February 9, 2018 MANILA – Total merchandise trade for full year 2017 increased by 9.9 percent as imports and exports posted growth rates higher than government estimates. Imports and exports posted 10.2 percent and 9.5 percent growth rates, respectively, exceeding the Development Budget Coordinating Committee’s emerging estimates (as of December 2017) of 9.0 percent continue reading : 2017 PH TRADE GROWTH EXCEEDS GOV’T EXPECTATIONS

PH TRADE TO SUSTAIN GROWTH THROUGH EXPORT COMPETITIVENESS

January 10, 2018 Continuous improvement of export competitiveness and identification of emerging markets for exports will help sustain merchandise trade growth, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority (PSA) reported that the country’s total trade grew by 11.8 percent in November 2017, pushing year-to-date growth to 9.9 percent. Trade performance continue reading : PH TRADE TO SUSTAIN GROWTH THROUGH EXPORT COMPETITIVENESS

ECONOMIC COOPERATION TO SUSTAIN DOUBLE-DIGIT PH TRADE GROWTH – NEDA

December 12, 2017 The National Economic and Development Authority (NEDA) says continued exports growth, economic cooperation, and trade facilitation initiatives will sustain trade gains, as total trade records double-digit growth in October 2017. NEDA-attached agency Philippine Statistics Authority reported that the country’s total trade grew by 10.4 percent year-on-year in October 2017, a pickup from continue reading : ECONOMIC COOPERATION TO SUSTAIN DOUBLE-DIGIT PH TRADE GROWTH – NEDA