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Philippines'S Clothing And Clothing Exports Increased By 11.4% In September 2011

2011/11/15 11:34:00 32

Philippines'S Clothing Exports Increase

Philippines's National Bureau of Statistics said that Philippines's export volume was $3 billion 876 million in September (2011), which was 27.4% lower than that in the same period in 2010, due to a sharp decline in global demand for electronic products, which is the largest in 30 months in 2010. Decline It also declined for 5 consecutive months.


The total export volume of Philippine from 1 to September this year was $37 billion 185 million, down 3.1% from the same period in 2010. The annual growth rate of exports is not expected to reach the 9%~10% target originally predicted by the government. At the same time, the export withdrawal will force the Central Bank of Philippines to maintain. interest rate Unchanged.


In Philippines's exports in September, electronic products accounted for 46.8%, the amount of $1 billion 813 million, a decrease of 47.9%; garments and accessories were the second largest export products, accounting for 4.2% of the total export volume, 163 million US dollars, an increase of 11.4%; furniture and wooden products third, accounting for 4% of the total export volume, the amount of 153 million dollars, growth 34.6%.


on Exit Japan is Philippines's largest market in September. For export The market, the amount of US $685 million, decreased by 11.7%; the mainland of China decreased by 18.5% with us $547 million; the United States ranked third, the amount of 518 million US dollars, decreased by 7.1%; the other top ten largest export markets were Singapore (299 million US dollars, 76.7% reduction), Hongkong (268 million dollars, reduction of 268 million), Taiwan (US dollar, reduction of inflation), Korea (US dollar, reduction of trade), Thailand (US dollar, reduction of), Germany (US dollar, reduction of), Holland (US dollar, reduction of GDP).
 

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