Philippine exports continued to decline in July, the National Statistics Office reported on Tuesday.
The NSO said export revenues amounted to $4.43 billion, a 1.7-percent slide from $4.51-billion export earnings in the same month in 2010.
Compared to June’s $4.127 billion revenues, translating to a 9.4-percent slide, however, the export earnings in July were better.
From January to July this year, exports posted a 3.3-percent improvement to $29.187 billion from $28.246 billion in the same period last year.
Electronic products remained the country’s top exports, accounting for 50.9 percent of the total revenue in July or $2.253 billion.
Japan was the Philippines’ largest market, followed by the US, China and Singapore. Other top markets were Hong Kong, Netherlands, Taiwan, Thailand, Germany and South Korea. — CMA/OMG, GMA News
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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