philippine news

Jan merchandise exports $4.17B, up 27.3% year-on-year

Erik de la Cruz, Xinhua Financial News Service
Inquirer

MANILA, Philippines — Merchandise exports rose to $4.17 billion in January from $3.27 billion a year before, a rise of 27.3 percent, because of increased shipments of electronics, the National Statistics Office said.

Shipments of electronics, which accounted for 58.5 percent of all exports in January, increased by 14.5 percent to $2.44 billion from $2.13 billion.

($1 = P48.53)

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