Merchandise Exports Performance : May 2015

The Philippines’ export sales totaled $4.899 billion in May 2015, a 17.4 percent decrease from $5.932 billion recorded value in May of 2014. The negative growth was mainly brought about by the decrease of seven major commodities out of the top ten commodities for the month. These include other mineral products, machinery & transport equipment, other manufactures, electronic products, articles of apparel and clothing accessories, and ignition wiring set and other wiring sets used in vehicles, aircrafts and ships (Table 1).

Combined merchandise exports for the first five months of 2015 registered a 5.0 percent decrease, that is from $24.772 billion in 2014 to $23.526 billion in same period of 2015 (Table 1a).


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