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Exports Imports
January 2019 p
January 2018 r
January 2019 p
January 2018 r
TOTAL
Electronic Products
Gainers Losers
Gainers Losers
Cathodes and Sections of Cathodes, of Refined Copper with $137.41 million, which grew by 61.2 percent;
Metal Components with $126.91 million, which decreased by 35.8 percent;
Gold with $122.09 million, which went down by 33.3 percent;
Chemicals with $92.49 million, which increased by 5.4 percent; and
Electronic Equipment and Parts with $88.90 million, which went down by 37.9 percent.
Total receipts from the top 10 major exports amounted to $4.35 billion or a share of 82.3 percent of the total export. This recorded a decrement of 1.8
percent from the January 2018 export value of $4.43 billion. (Table 2)
4. ELECTRONIC PRODUCTS COMMODITY GROUP SHARES 26.0 PERCENT OF TOTAL IMPORT BILL
Total payment for the country’s top 10 imports for January 2019 amounted to $6.54 billion, an increase of 8.1 percent from the January 2018 import value
of $6.05 billion. (Table 3)
Import bill of Electronic Products, valued at $2.35 billion, accounted for the highest total imports with a share of 26.0 percent to the total imports. Import
of this commodity group increased by 4.1 percent from the $2.26 billion posted in January 2018. Among electronic products, Components/Devices
(Semiconductors) accounted for the biggest contribution of 18.1 percent. It went up by 3.0 percent, from $1.58 billion in January 2018 to $1.63 billion in
January 2019.
Transport Equipment came second, with imports valued at $851.88 million or 9.4 percent of the total import value. Import of this commodity rose by 33.6
percent from the January 2018 value of $637.56 million.
Mineral Fuels, Lubricants and Related Materials placed third, with import bill amounting to $820.54 million or 9.1 percent of the total import value. It went
down by 9.9 percent from the January 2018 value of $911.09 million.
Industrial Machinery and Equipment ranked fourth, with imports valued at $607.13 million or a share of 6.7 percent. Imports of this commodity increased by
4.6 percent over the January 2018 value of $580.22 million.
Imports of Cereals and Cereal Preparations ranked fifth, with a value of $414.18 million or a share of 4.6 percent. Import of this commodity expanded by
82.5 percent from $226.98 million in January 2018.
Completing the list of the top 10 imports for January 2019 were:
Exports from Mineral Products, valued at $359.11 million or a share of 6.8 percent, slid by 10.7 percent in January 2019.
Merchandise exports from Special Transactions, amounting to $99.31 million or 1.9 percent of the total export revenue, increased by 23.5 percent in January
2019, from the previous year’s figure of $80.44 million.
Petroleum Products, with $46.15 million or 0.9 percent share, expanded by 60.8 percent from $28.69 million in the same month of previous year.
Exports of Forest Products, amounting to $24.49 million or 0.5 percent share to the total exports went up by 116.3 percent in January 2019.
6. IMPORTS OF RAW MATERIALS AND INTERMEDIATE GOODS ACCOUNT FOR 39.3 PERCENT OF THE TOTAL
IMPORT VALUE
By major type of goods, imports of Raw Materials and Intermediate Goods posted the largest contribution of 39.3 percent to total import value. It increased
by 1.8 percent, from $3.49 billion in January 2018 to $3.55 billion in January 2019. Semi-Processed Raw Materials had a share amounting to $3.19 billion or
35.3 percent of the total imports. Import of this commodity went up by 2.2 percent from the $3.12 billion posted value in January 2018. (Table 5)
Imports of Capital Goods, valued at $2.99 billion, contributed 33.0 percent in January 2019. It increased by 8.9 percent from the January 2018 import value
of $2.74 billion.
Imports of Consumer Goods, amounting to $1.60 billion, had a share of 17.8 percent to the total imports in January 2019. It went up by 19.1 percent from
the $1.35 billion registered value in January 2018.
Imports of Mineral Fuels, Lubricants and Related Materials, contributing 9.1 percent to total imports, dropped by 9.9 percent, from $911.09 million in January
2018 to $820.54 million in January 2019. Petroleum Crude, valued at $369.51 million, comprised a share of 4.1 percent to total imports.
Moreover, imports of Special Transactions with a 0.8 percent share to total imports, expanded by 55.1 percent, from $48.10 million in January 2018 to
$74.62 million in January 2019.
7. EXPORTS TO JAPAN ACCOUNT FOR 16.8 PERCENT
Total exports receipt recorded by the country’s top 10 market destinations in January 2019 reached $4.34 billion or 82.2 percent of the total exports.
(Table 6)
Japan, including Okinawa, ranked first with an export value of $884.95 million or 16.8 percent of the total exports in January 2019. Total exports
to Japan fell by 3.0 percent, from the $912.12 million value posted in January 2018.
United States of America (USA), including Alaska and Hawaii, ranked second with an export value of $833.87 million or a share of 15.8 percent to total exports
in January 2019. Exports to this country reflected an increase of 8.4 percent, from the $769.10 million in January 2018.
Hong Kong placed third, with export shipments valued at $645.17 million or a share of 12.2 percent. Exports to this country declined by 15.8 percent, from
the $766.18 million recorded in January 2018.
People’s Republic of China placed fourth, with $640.79 million or 12.1 percent of the total exports. This value grew by 2.3 percent from an export value of
$626.34 million posted in January 2018.
Singapore, accounting for a 5.7 percent share to total exports or an export value of $298.43 million, ranked fifth. Outbound shipments to this country
dropped by 6.9 percent, from the $320.38 million posted in the same month of previous year.
Completing the top 10 market destinations in January 2019 were: Thailand, $241.93 million; Germany, $221.41 million; Korea, Republic of, $205.43
million; Netherlands, $200.56 million; and Taiwan, $168.35 million. (Table 6)
Export and Import trade statistics are compiled by the Philippine Statistics Authority (PSA) from copies of export and import documents submitted to the
Bureau of Customs (BOC) by exporters and importers or their authorized representatives as required by law. PSA collects copies of these accomplished
forms. These are the following documents:
The output of the Automated Export Documentation System (AEDS) of the BOC is being utilized to generate export statistics. AEDS is a paperless transaction
in lieu of the manual filling-up of export documents.
Moreover, an electronic copy of the IEIRD or SAD, is utilized to capture the monthly import figures. SAD-IEIRD is an on-line submission of import documents
either by brokers or companies. These are transactions that pass through the Automated Cargo Operating System (ACOS), now called the e2m (electronic
to mobile) customs system, a system implemented through the BOC e-Customs Project.
All documents (hard copies and e-files) received before the cut-off date which is every 25th day of the month, are compiled, processed and generated in
monthly statistical tables for the preparation of Press Release. All documents received after the cut-off date, however, are processed and included in the
generation of the revised monthly statistical tables.
The digitized copies of all documents are provided by BOC and PEZA to PSA on a monthly basis through email.
Processing includes coding, editing, review and validation. Revised statistical tables are made available 10 to 15 working days after the press release date.
The Press Release for a reference month is due 40 days after every month. However, if the 10th day falls on a Saturday, release will be on Friday but if it
falls on a Sunday or Monday the release will be on Tuesday. If the release date falls on a holiday, the date of release is moved accordingly.
The 2015 Philippine Standard Commodity Classification (PSCC) is used to classify the commodities at the most detailed 10-digit code level for statistical
purposes.
International merchandise trade statistics are available at Philippine Statistics Authority, Economic Sector Statistics Service, Trade Statistics Division
(Telephone Number: 376-19-75).
(Sgd.) LISA GRACE S. BERSALES, Ph. D.
Undersecretary
National Statistician and Civil Registrar General
Tags:
Exports Imports
Attachments:
PH-IMTS_PR Statistical Tables_January 2019
PH-IMTS_PR Statistical Tables_January 2019