Philippine merchandise exports declined by 3.0 percent in December 2015 despite the double-digit increase in petroleum sales, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports fell by US$143 million, reaching US$4.7 billion in December 2015 from US$4.8 billion in the same month continue reading : Exports decline despite recovery of petroleum sales in December 2015