philippine export - updates

Rappler's latest stories on philippine export


PH trade deficit ‘alarming,’ says BOI official

Dec 27, 2019 - 3:15 PM

BOI executive director Ma. Corazon Dichosa says trade deficit of the country for the past 5 years has averaged 76.54%

Imports, exports down in September 2019

Nov 06, 2019 - 5:55 PM

An analyst says the pullback in September imports, despite the drop in exports, means that net trade will likely not weigh on overall growth momentum in the 3rd quarter of 2019

August 2019 trade figures point to Q3 GDP growth struggle

Oct 10, 2019 - 6:30 PM

The Philippines' total trade declines by 7% in August 2019 due to weaker exports and continued decline in imports

Senators want Philippines to stop exporting sugar to U.S.

Sep 30, 2019 - 4:25 PM

Senate Majority Leader Juan Miguel Zubiri says Philippine sugar is better off sold to local companies than be exported to the United States

DEREGULATE. The Philippine government will be relaxing restrictions on sugar imports in 2019. Rappler file photo

Philippine total trade declines by 1.3% in July 2019

Sep 10, 2019 - 8:25 PM

Exports slightly improve by 3.5%, while imports drop by -4.2% in July 2019

[ANALYSIS] Dismal growth: Why is the PH economy losing its momentum?

Aug 15, 2019 - 1:19 PM

Economic managers need to be more forthright about the state of the Philippine economy and not paint a picture of it that is rosier than the data suggest

Trade gap narrows in June 2019 as Philippines imports less steel

Aug 07, 2019 - 4:10 PM

Total imports decrease by 10.4%, led by iron and steel. Meanwhile, 7 out of 10 major export commodities grow.

Trade deficit narrows in May 2019 as imports drop

Jul 10, 2019 - 12:50 PM

Due to the decrease in 6 of the top 10 imported goods and a slight increase in exports, the Philippines' trade deficit slightly narrows in May 2019

Weak demand, U.S.-China trade war hamper Philippines' top export

May 09, 2019 - 2:25 PM

Exports of electronics and electronic parts decline in March 2019 partly due to poor demand, which is seen to continue for the rest of the year

Philippine exports drop, imports rise in February 2019

Apr 11, 2019 - 12:35 PM

(UPDATED) The Philippines' balance of trade in goods increased to a $2.79-billion deficit, from a $2.54-billion deficit year-on-year

Philippine exports, imports nosedive in December 2018

Feb 12, 2019 - 4:05 PM

The Philippine Statistics Authority says both imports and exports shrank in December 2018. Overall, the country's trade gap is now at its widest in history.

Pernia worried about weak Philippine exports

Jan 10, 2019 - 8:00 PM

Socioeconomic Planning Secretary Ernesto Pernia says the government should support local businesses to make them globally competitive

Businessmen say inflation 'manageable,' but gov't must act now

Sep 11, 2018 - 2:30 PM

Businessmen urge policy makers to revise certain policies, especially now that the causes of inflation are identified

[ANALYSIS] Weaker peso boosts exports? Not necessarily

Aug 24, 2018 - 9:17 AM

Why are exports weakening despite a weaker peso? If we take the word of the economic managers, isn’t this puzzling?

Philippines' trade deficit widens by 47.6% in May 2018

Jul 10, 2018 - 2:15 PM

The Philippine Statistics Authority says the country's imports further increased by 11.4%, while exports slumped by 3.8%

TRADE GAP. The Philippine Statistics Authority (PSA) reports a wider trade gap in May 2018. AFP photo

Peace talks with Reds to protect banana industry – exporters

Sep 04, 2017 - 8:29 PM

Banana plantations in Mindanao have been a constant target of the New People’s Army the armed wing of the Communist Party of the Philippines

BANANA INDUSTRY. A crop duster plane sprays fungicide to protect the 7,000 hectare banana plantation of Tagum Agricultural Development Co. from destructive leaf virus in Tagum in Davao del Norte province. Photo by Romeo Gacad/AFP

PH can be a leading halal exporter in 2 years – MinDA chief

Apr 09, 2017 - 9:30 AM

Philippine trade officials and businessmen eyeing the halal market participate at the Malaysia International Halal Showcase in Kuala Lumpur

PH FOOD. Philippine officials showcase the Philippine pavilion at this year's MIHAS. From L-R: Third Secretary and Vice Consul Alvin C. Malasig, Charges d'Affaires Raly Tejada, MinDa chief Datu Abul Khayr Dangcal Alonto, Commercial Attache Kat Banzon, DTI Region V Division Chief Melchor Aguilar, and Second Secretary and Consul Johann Andal. Photo by Carol Ramoran/Rappler

PH asks Australia to open market for banana growers

Mar 26, 2017 - 11:05 PM

Philippine Finance Secretary Carlos Dominguez III once an agriculture chief raises the Philippines two decade concern in his meeting with Australian Foreign Minister Julie Bishop

LONGSTANDING CONCERN. Banana products from Mindanao plantations are exported to markets like Middle East, Russia, China, Japan, and South Korea where demand for the fresh fruit has increased in recent years. But Australia continues to impose stricter screening measures on Philippine bananas entering their borders. File photo by AFP

PH exports fall by 7.5% in November 2016

Jan 10, 2017 - 5:04 PM

Socioeconomic Planning Secretary Ernesto Pernia expects a better year for exports in 2017 in anticipation of stronger trade ties with China and Russia

DAMPENING DEMAND. Demand for electronics exports decline from key markets. File photo Romeo Gacad/AFP.

PH exports fall for 15th straight month in June

Aug 11, 2016 - 8:10 PM

All the major commodity groups register declines for the month although exports of petroleum products do see a bump in volume

NEDA says new strategy needed as exports fall anew

Jul 13, 2016 - 4:45 PM

As exports decline for the 14th straight month NEDA urges firms to focus on exporting to non traditional and fast growing markets like Switzerland and France

PH merchandise exports down 4.5% in February

Apr 12, 2016 - 5:51 PM

Weak global demand continues to push down Philippine export growth but this is expected to persist only within the near term says NEDA

PH: China's reported move to destroy bananas won't hurt ties

Mar 27, 2016 - 5:47 PM

The Philippines says it is still confirming reports that China destroyed 35 tons of exported bananas but adds that trade relations will not be affected

PH exports fall by 3.9% in January 2016

Mar 10, 2016 - 4:37 PM

NEDA attributes the decline to weak global recovery and warns that it may continue

PH merchandise exports dip by 5.6% in 2015

Feb 16, 2016 - 5:14 PM

The trade department says weak demand from China and Japan pulled down regional exports but there are signs of growing optimism as it predicts total Philippine exports to grow by 8 to 9 for 2016

PH exports dip by 3% in December 2015

Feb 10, 2016 - 3:06 PM

The National Economic and Development Authority attributes the drop to lower sales in manufactures agro based and mineral products which tempered higher earnings from petroleum products

LOWER EXPORTS. The export of manufactured goods declined by 1.8% in December 2015, after posting a slight improvement of 3.6% in November 2015. File photo by Romeo Gacad/AFP

PH, Italy discuss trade boost via EU's zero-tariff scheme

Dec 03, 2015 - 6:49 PM

The European Union scheme grants PH exporters zero tariff for at least 6 274 products

BILATERAL MEETING. President Benigno S. Aquino III and Italian Republic Prime Minister Matteo Renzi troop the line for the arrival honors at the courtyard of the Palazzo Chigi for the bilateral meeting during his official visit on Wednesday, December 2, 2015. Photo by Joseph Vidal / Malacañang Photo Bureau)

Philippines immune from China slowdown, HSBC says

Oct 24, 2015 - 9:27 AM

HSBC says capital flight has hurt Malaysia and Indonesia amid lower commodity prices

NO FEAR. HSBC says fragile global economic conditions will not pull down Philippine economic growth

Weak peso hits San Miguel's H1 2015 profit

Aug 12, 2015 - 4:28 PM

The 125 year old conglomerate says it took a P1 1 billion hit from currency movements compared to the same period last year

What businessmen want to hear from Aquino's final SONA

Jul 25, 2015 - 8:30 PM

Business leaders weigh in on what they consider the biggest success and failure of the Aquino administration with less than a year to go before a new leadership steps in

SPELL OUT PLANS. Businessmen would rather hear President Benigno Aquino III’s future plans during his last SONA rather than his achievements. Illustration from Shutterstock

PH manufacturing slowdown continues in May

Jul 10, 2015 - 5:30 PM

The country s manufacturing production in terms of volume contracts by 3 1 in May from 12 7 growth a year ago

RESURGENCE. The Philippines aims to become a regional automotive production hub by offering fiscal and non-fiscal perks to automakers. File photo by Romeo Gacad / Agence France-Presse

PH exports post sharpest drop in nearly 4 years

Jul 10, 2015 - 3:48 PM

The National Economic and Development Authority says the latest export figures signal a slowdown of the global economy which should prompt Philippine authorities to implement mitigating measures

EXPORTS SLUMP. NEDA urges policy makers to be vigilant following the May 2015 Philippine export figures. File photo by Agence France-Presse

Exports 2015 target retained despite slow PH growth

Jun 03, 2015 - 7:50 PM

Philippine exporters say the next quarters will be better mainly because of seasonal global demand

BEST DECISION. "The Philippines is the best business decision as location for electronics," DILG Secretary Mar Roxas says. Photo by Joel Leporada/Rappler

PH exports to grow 6.8% in 2014 – UN ESCAP

Sep 25, 2014 - 10:37 AM

The UN ESCAP’s 2014 exports and imports projections for the Philippines are some of the highest among selected Asia Pacific economies

Business groups to participate in energy reserve program

Sep 14, 2014 - 8:49 PM

Senator Serge Osmeña says the President may no longer need emergency powers to solve the looming power crisis if the Interruptible Load Program becomes successful

POWER SUPPLY. A service vehicle drives past the head office of the Manila Electric Co. (Meralco), 14 January 2003 in Manila, the flagship of the business group of the influential Lopez family in the Philippines. Meralco is marking its centennial this year but the Lopez group of companies, which include light, water and entertainment firms, is still trying to recover from the effects of the 1997-1998 Asian financial crisis. AFP PHOTO/Romeo GACAD

Exports continue to grow by double digits in July

Sep 10, 2014 - 2:17 PM

Nearly all of the country’s top commodities perform strongly during the month

Photo from AFP

PH exports jump 21% in June, highest in 6 months

Aug 12, 2014 - 4:17 PM

The country was the ‘top performer’ among trade oriented economies in East Southeast Asia

POSITIVE GROWTH. Semiconductors, which comprised more than half of the country’s total electronics exports during the period, posted its first positive growth rate in 2014. File photo by Agence France-Presse

PEZA’s Jan-July investments up 30.77%

Aug 01, 2014 - 4:11 PM

A combination of approved export enterprises and IT companies boosted the period’s investments

Businessmen’s SONA 'wishes'

Jul 27, 2014 - 5:01 PM

As President Aquino delivers his 5th SONA on July 28 businessmen say their top 3 wishes are improved competitiveness increased foreign direct investments and more jobs

PH exports up in May despite electronics decline

Jul 10, 2014 - 4:39 PM

NEDA says stronger sales of minerals manufactures agro based and forest products buoyed exports in May

TOP EXPORT. Despite its decrease to 1.6%, electronic products remains the country’s top export in May 2014. File photo by AFP

Exports barely grow in April

Jun 10, 2014 - 12:10 PM

Exports rose just 0 8 a marked slowdown from the double digit rates recorded in the previous months

File photo by AFP

Exports sustain double-digit growth in March

May 09, 2014 - 2:34 PM

NEDA chief Arsenio Balisacan says the latest export figures show that the Philippines is riding the wave of a sustained expansion in global manufacturing activity

PEZA investments up 25% Jan-April

May 01, 2014 - 4:46 PM

The investments are a combination of fresh investments and the expansion of existing operations mostly in the electronics and automotive industry

Feb export growth at 3-year high

Apr 10, 2014 - 10:39 AM

The government says 7 out of 10 major commodity groups for the month performed strongly

SUSTAINED GROWTH. Exports continue to grow by double digits on recovering demand from the Philippines' trading partners. Photo by AFP

Exports grow for 8th straight month in January

Mar 11, 2014 - 5:34 PM

NEDA says the upward trajectory of the manufacturing sector buoyed exports growth

SUSTAINED DEMAND. Philippine goods, particularly electronic products, continue to enjoy strong demand overseas. File Photo from AFP

Manila truck ban may affect PH exports

Feb 26, 2014 - 6:01 PM

PEZA says the repercussions of Manila s truck ban could negatively impact some 800 companies employing 200 000 workers in Calabarzon

REPERCUSSIONS. PEZA director-general Lilia de Lima warns of the repercussions of Manila's truck ban on Philippine exports. Romeo Gacad/AFP

Dec exports up nearly 16%, electronics sales surge

Feb 11, 2014 - 5:15 PM

Electronics shipments rise the highest since October 2010

SUSTAINED GROWTH. Exports continue to grow by double digits on recovering demand from the Philippines' trading partners. AFP PHOTO

November exports post biggest growth in 3 months

Jan 10, 2014 - 2:51 PM

Exports grow for the 6th straight month buoyed by shipments of electronic and agro based goods

UP. Merchandise exports continue to grow in  November.AFP PHOTO

Exports post double-digit growth in Oct

Dec 10, 2013 - 1:49 PM

This is the fifth straight month that exports grew thanks to higher electronics shipments

UP. Merchandise exports continue to grow in October.AFP PHOTO

Sept exports up 4.9% on higher electronics shipments

Nov 12, 2013 - 1:16 PM

But growth is much slower than the previous month s 20 2 climb

UP AGAIN. Exports continue to post growth in September, buoyed by higher electronics shipments. AFP PHOTO