Exports down by 24.7% in June year-on-year

Published by rudy Date posted on August 11, 2009

MANILA, Philippines—The value of Philippine merchandise exports continued to decline in June by 24.7 percent year-on-year to $3.41 billion as shipments of electronics slumped.

The latest figures from the National Statistics Office show that exports in the past nine months have been less than what was recorded in the same month the previous year.

The picture looked a bit better, however, for the volume of export from month to month. Exports in June improved by 10.4 percent from the $3.088 billion in revenues posted in May.

Still, total exports in the first half of 2009, reaching $17.225 billion, represented a 32.8 percent dip from the $25.623 billion reported in the same period in 2008.

In June alone, electronics products—which accounted for 57.1 percent of total outbound cargoes—fell by 26 percent year-on-year to $1.948 billion mainly due to the decrease in shipments of components and devices.

Compared to receipts in May, electronics improved by 7.6 percent from $1.811 billion. –Ronnel Domingo, Philippine Daily Inquirer

January – ZERO WASTE MONTH

“Stop wasting our money.
Stop corruption!”

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.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

January

 

24 Jan – International Day of Education

26 Jan – International Day of Clean Energy

 

Monthly Observances:

 

National Microinsurance Month 

Zero Waste Month

 

Weekly Observances:

Week 1: National Time Consciousness Week

Week 3: National Mental Health Week 

Last Week: Children’s Week


Daily Observances:

January 6: Community Development Day 

Third Sunday: Children’s Day 
Day of Sanctity and Protection of Human Life

 

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