What is the top export product of the Philippines during 2019?
Electronic Products
Electronic Products continued to be the country’s top export with total earnings of $3.23 billion. This amount, which accounted for 55.0 percent of the total exports’ revenue in March 2019, posted a decrement of 3.7 percent from the $3.35 billion export receipt in the same month of the previous year.
What is the main product of Philippines?
The country’s major agricultural crops are rice, corn, coconut, sugarcane, banana, cassava, pineapple, and vegetables. The major livestock products are hog, cattle, carabao, goat, and dairy products.
Who are the major export destinations of the Philippines?
The top export destinations of the Philippines are Japan ($11.7 billion), the United States ($8.67 billion), Hong Kong ($6.58 billion), China ($6.19 billion) and Singapore ($3.7 billion).
Which is the fastest selling product in the Philippines?
Since the boom of computer accessory exports in 2008 the Philippines has seen this industry as one of the fastest selling products we have. The electronic industry remains the top selling product of the country accounting to 51% of our total exports.
Who are the major trade partners of the Philippines?
Trade partners for the Philippines exports of coconut oil include the United States and the Netherlands, which account for 70.5% of its exports. With annual shipments of bananas worth $1.82 billion, this commodity was the 9th most exported product from Philippines’s, representing 1.9% of all exports.
What kind of products does the Philippines produce?
The Philippines is bountiful with various produces across its regions. From food to raw materials and craft items, our country is undeniably rich when it comes to its natural resources. Here are some of the products you may see in the international market, which are all proudly exported from the Philippines: