Exports of Goods posts fifth consecutive double-digit growth
The country’s total Exports of Goods posted its fifth consecutive double-digit growth with
20.2 percent in the fourth quarter of 2017. This is higher than last year’s 12.8 percent growth.
The following commodities contributed to the growth of total Exports of Goods: Component/Devices (Semiconductors);
35.1 percent; Control Instrumentation; 73.8 percent; Metal Components; 50.4 percent; Communication/Radar; 106.6 percent; and Electronic Data Processing; 10.8 percent.
Meanwhile, the following commodities pulled down the growth of the sector: Articles of Apparel and Clothing Accessories, negative
33.3 percent; Ignition Wiring Set, negative 6.1 percent; Coconut Oil, negative 35.3 percent; Bananas, including Plantains, Fresh or Dried, negative 19.7 percent; and Pineapple and Pineapple Products, negative 45.3 percent.