Exports Of Clothing And Other Products Slowed In October In Philippines
According to the Philippines business daily, according to the statistics of Philippines National Statistics Department, the total export volume of Philippines in October this year was 4 billion 738 million US dollars, an increase of 26.4% from 3 billion 748 million US dollars in the same period last year, but it was 11% lower than that in September this year.
Electronic products accounted for 63% of total exports in October, and total exports amounted to US $2 billion 987 million 450 thousand, down 14% from September this year.
Apart from electronic products, other products exported mainly include garments.
Clothes & Accessories
Coconut oil, wood carvings and furniture.
Singapore is still the largest export market of Philippines, with an export volume of US $860 million 590 thousand, accounting for 18.2% of total exports.
Followed by Japan, the United States and China.
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