News: RP export earnings rise 35.9% in July -
09 Sep 2010
MANILA, Philippines(Xinhua) – Philippine export revenues in July surged 35.9 percent on year to $4.5 billion, bolstered by strong demand for electronics, the National Statistics Office (NSO) said today. Earnings from electronic products shipment account for 63.6 percent of the total export revenue in July. Total earnings from shipments of electronic products reached $2.86 billion, up 49.4 percent on year.The three biggest export markets of the Philippines in July were the US, Singapore and Japan.
Total merchandise exports for the period January to July 2010 increased by 37.4 percent to $28.2 billion.
(Source: Philippine Star, Breaking News, 9 September 2010)