Exports of Goods slows down
The country’s total Exports of Goods grew by
2.9 percent in the first quarter of 2018. This was lower than the previous year’s 21.3 percent.
The following commodities contributed to the growth of total Exports of Goods: Telecommunication,
58.5 percent; Metal Components, 31.1 percent; Electronic Data Processing, 6.2 percent; and Tuna, 190.6 percent.
Meanwhile, the following commodities pulled down the growth of the sector: Components/Devices (Semiconductors), negative
7.4 percent; Ignition Wiring Sets, negative 31.4 percent; Articles of Apparel and Clothing Accessories, negative 19.5 percent; Coconut Oil, negative 42.3 percent; and Communication/Radar, negative 26.3 percent.