Exports of Goods continues to rise
The country’s total Exports of Goods expanded to
17.4 percent in the third quarter of 2017. This was faster than the 8.1 percent recorded the previous year.
The Electronic Components contributed mainly to the growth of total Exports of Goods: Component/Devices (Semiconductors),
25.8 percent; Electronic Data Processing, 14.6 percent; Control Instrumentation, 149.0 percent; Consumer Electronics, 123.7 percent; and Communication/Radar, 54.6 percent.
On the other hand, the following contributed negatively to the sector’s growth: Telecommunication,
negative 38.1 percent; Articles of apparel and clothing accessories, negative 11.2 percent; Automotive Electronics, negative 43.3 percent; Medical/Industrial instrumentation, negative 36.5 percent; and Petroleum products negative 49.1 percent.