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
Imports growth remains buoyant in September 2015, robust economic activity expected with 40.7% growth in imported capital goods
MANILA – Double-digit increases in the importation of raw materials and intermediate goods, capital and consumer goods kept Philippine merchandise imports afloat in September 2015, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total payments for imports increased by 6.7 percent to US$6.2 billion in September 2015 continue reading : Imports growth remains buoyant in September 2015, robust economic activity expected with 40.7% growth in imported capital goods
Imports maintain double-digit growth in July 2015
MANILA – Philippine merchandise imports posted double-digit growth for the second consecutive month at 16.9 percent in July 2015, according to the National Economic and Development Authority (NEDA). Trade data released by the Philippine Statistics Authority today indicate that significant increases in inward shipments from the country’s major trading partners buoyed up merchandise imports to continue reading : Imports maintain double-digit growth in July 2015
Upbeat business sentiment backs growth in imports volume in May 2015; Sustained growth in imported capital goods bodes well for economy, NEDA says
MANILA – The volume of total imported merchandise recorded a 7.1-percent expansion, even as total payments declined by 13.4 percent, from US$5.1 billion in May 2014 to US$4.4 billion in the said period. The country’s importation of capital goods also sustained its double-digit growth in May 2015, according to the National Economic and Development Authority continue reading : Upbeat business sentiment backs growth in imports volume in May 2015; Sustained growth in imported capital goods bodes well for economy, NEDA says
Lower prices of oil, raw materials reduce imports in March 2015
MANILA – Merchandise imports contracted by 6.8 percent in March 2015 as lower payments primarily for mineral fuels, lubricants and raw materials were recorded in the period, according to the National Economic and Development Authority (NEDA). According to a report from the Philippine Statistics Authority, total import payments fell to US$5.1 billion in March 2015 continue reading : Lower prices of oil, raw materials reduce imports in March 2015
Lower inbound shipments of capital goods pull down imports in June 2014
MANILA – Lower inbound shipments of capital goods pulled down merchandise imports, offsetting year-on-year gains in mineral fuels and lubricants, raw materials and intermediate goods and consumer goods in June 2014, according to the National Economic and Development Authority (NEDA). The value of imported capital goods recorded a 27.2 percent decline, from US$1.4 billion in continue reading : Lower inbound shipments of capital goods pull down imports in June 2014
Imports decline by 9.6 percent in May 2014: Businesses urged to invest in imported capital goods to boost competitiveness
MANILA – Lower payments for imported mineral fuels and lubricants and capital goods significantly outweighed the sustained growth in imports of raw materials and intermediate and consumer goods in May 2014 resulting in a 9.6 percent decline from May 2013, according to the National Economic and Development Authority (NEDA). “The reversal in import payments for continue reading : Imports decline by 9.6 percent in May 2014: Businesses urged to invest in imported capital goods to boost competitiveness
Imports up by 3.0 percent in April 2014, expected to gather pace in the near-term
MANILA – Imports grew by 3.0 percent in April 2014 and is expected to expand in the coming months due to favorable business and consumer outlook, according to the National Economic and Development Authority (NEDA). “This expectation is backed by surveys conducted by the Bangko Sentral ng Pilipinas, which showed that the overall confidence index continue reading : Imports up by 3.0 percent in April 2014, expected to gather pace in the near-term
Imports expand by 9.6% in March 2014
MANILA – Merchandise imports expanded by 9.6 percent to US$5.4 billion in March 2014 from US$5.0 billion in March 2013, according to the National Economic and Development Authority (NEDA). “The robust growth in total merchandise imports was mainly due to higher value of raw materials and intermediate goods, mineral fuels and lubricants, and consumer goods,” continue reading : Imports expand by 9.6% in March 2014