Major Philippine Export Products, 2010

Units in US$ billion, percentage share:

Total Exports   51,497.51     100.0% 

1. Electronic Products 31,079.54    60.4%

2. Apparel & Clothing   Accessories 1,701.49     3.3%

3. Coconut oil   1,265.72   2.5%

4. Woodcrafts and furniture   1,181.01  2.3%

Others      16,269.75     31.6%

source: NSO,  http://www.census.gov.ph/data/sectordata/2010/sr1159902.htm

So, 60 percent or $3 out of $5 of total merchandise exports revenues of the Philippines last year were accounted for by electronics exports. This is a very lopsided dependence. The good thing here is that global demand for electronic products can only increase, never decrease, as the world is becoming more integrated via endless development and innovations in the information and communications technology (ICT).

Advertisements
Explore posts in the same categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: