January 09, 2021 MANILA – Philippine trade performance in November 2020 showed encouraging signs that the country is well-positioned to take advantage of improvements in external demand and that the government’s efforts to reinvigorate businesses is gaining traction, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that after eight continue reading : EXPORTS GROWTH SIGNALS RECOVERY FOR PH TRADE – NEDA
PH TRADE CONTINUES TO SHOW SIGNS OF RECOVERY IN JULY 2020
September 10, 2020 MANILA – The country’s merchandise trade performance continued to show signs of recovery in July 2020, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s total merchandise trade growth remained in negative territory at -18.6 percent in July 2020 against the same period last year. On continue reading : PH TRADE CONTINUES TO SHOW SIGNS OF RECOVERY IN JULY 2020
REFORMS NEEDED TO SUSTAIN EXPORTS RECOVERY – NEDA
June 11, 2019 The National Economic and Development Authority continues to push for critical legislative agenda to make the Philippine export industry more attractive and competitive. The Philippine Statistics Authority reported today that the country’s total merchandise trade declined by 1.0 percent to USD14.5 billion in April 2019 from USD14.7 billion in April 2018, as continue reading : REFORMS NEEDED TO SUSTAIN EXPORTS RECOVERY – NEDA
EXPORTS RECOVER, TRADE CONTINUES GROWTH IN JULY 2018
September 11, 2018 MANILA – Trade grew for a fourth consecutive month in July 2018, the fastest since January 2018, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the country’s total trade grew by 17.5 percent, reaching USD15.2 billion in July 2018. This growth was buoyed by a hefty increase continue reading : EXPORTS RECOVER, TRADE CONTINUES GROWTH IN JULY 2018
STRONG TRADE GROWTH CONTINUES IN JUNE 2018
August 08, 2018 MANILA – Promotion and development of Philippine exports should be more aggressive to help in continuing the country’s strong trade performance as recorded in June 2018, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported that the country’s total trade grew by 13.5 percent, reaching USD14.8 billion in June continue reading : STRONG TRADE GROWTH CONTINUES IN JUNE 2018
NEDA URGES INCREASED GOV’T SUPPORT TO AID PH EXPORTS
May 9, 2018 The National Economic and Development Authority (NEDA) said that the government should actively intervene in making Philippine exports more attractive to the global market to boost the country’s trade. This follows the release of a report by the Philippine Statistics Authority (PSA) that the country’s total merchandise trade declined by 3.4 percent continue reading : NEDA URGES INCREASED GOV’T SUPPORT TO AID PH EXPORTS
NEDA: PH TO STRENGHTEN PH-US TRADE
MANILA – The National Economic and Development Authority says that the Philippine government aims to implement measures to strengthen trade ties with the United States, considering upbeat trade performance in 2017. In his presentation to the U.S.-Philippines Society Board of Directors’ Meeting on Monday, Socioeconomic Planning Secretary Ernesto M. Pernia highlighted the intention of the continue reading : NEDA: PH TO STRENGHTEN PH-US TRADE
2017 PH TRADE GROWTH EXCEEDS GOV’T EXPECTATIONS
February 9, 2018 MANILA – Total merchandise trade for full year 2017 increased by 9.9 percent as imports and exports posted growth rates higher than government estimates. Imports and exports posted 10.2 percent and 9.5 percent growth rates, respectively, exceeding the Development Budget Coordinating Committee’s emerging estimates (as of December 2017) of 9.0 percent continue reading : 2017 PH TRADE GROWTH EXCEEDS GOV’T EXPECTATIONS
NEW MARKETS TO HELP PH TRADE RECOVERY – NEDA
The National Economic and Development Authority urges tapping of new markets for Philippine trade to bounce back from its slight decline in June 2017. NEDA-attached agency Philippine Statistics Authority reported that total trade contracted by 1.2 percent in June 2017, after posting ten months of positive growth since August last year. Despite the contraction, total continue reading : NEW MARKETS TO HELP PH TRADE RECOVERY – NEDA
EU, ASIA REMAIN TOP PH EXPORTS MARKETS
The National Economic and Development Authority is optimistic of the country’s trade performance for the rest of the year considering thriving exports and trade linkages, especially to Europe and East Asia. NEDA-attached agency, the Philippine Statistics Authority, reported that total trade grew to USD11.7 billion in April 2017, with the 12.1 percent growth in exports offsetting the 0.1 percent continue reading : EU, ASIA REMAIN TOP PH EXPORTS MARKETS
STRONG EXPORTS, IMPORTS DRIVE TRADE GROWTH IN FEBRUARY 2017
Double-digit growth in exports and imports pushed up total merchandise trade of the Philippines by 16.1 percent, according to the National Economic and Development Authority (NEDA). Based on the Philippines Statistics Authority’s report, total trade grew to USD11.3 billion backed by imports growing by 20.3 percent and exports growing by 11 percent, recording its second continue reading : STRONG EXPORTS, IMPORTS DRIVE TRADE GROWTH IN FEBRUARY 2017
RECOVERY OF EXPORTS BOOST TRADE IN JANUARY 2017
Total Philippine trade grew by 14.2 percent in January 2017 backed by the surge in export receipts from most of the country’s traditional markets, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$12.6 billion in January 2017, with imports growing by continue reading : RECOVERY OF EXPORTS BOOST TRADE IN JANUARY 2017
Manufacturing scores double-digit growth in 2016
MANILA – Manufacturing output posted double-digit growth in both December 2016 and full-year 2016 due to increase in production of petroleum products, food manufactures, and transport equipment, according to the National Economic and Development Authority (NEDA). Based on the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries (MISSI) for December 2016, the Volume of continue reading : Manufacturing scores double-digit growth in 2016
PH trade growth up in 2016 on strong imports
Philippine merchandise trade in 2016 grew 5.8 percent from 2015, backed by double-digit growth of imports that offset exports decline, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, the full-year 2016 total trade reached US$137.4B, with the 14.2-growth in imports mitigating the 4.4 percent decline continue reading : PH trade growth up in 2016 on strong imports
Strong domestic demand drives trade growth in November 2016
MANILA – Backed by strong growth in imports, the total merchandise trade grew by 7.3 percent in November 2016, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$12.0 billion in November 2016, with imports growing by 19.7 percent and mitigating the continue reading : Strong domestic demand drives trade growth in November 2016
