Merchandise Exports Performance : May 2014

Export earnings in May 2014 amounted to $5.483 billion, a 6.9 percent growth from $5.131 billion recorded value in May of 2013. The positive growth was mainly brought about by the increase of seven major commodities out of the top ten commodities for the month. These are: other mineral products; coconut oil; other manufactures; metal components; machinery and transport equipment; ignition wiring set and other wiring sets used in vehicles, aircrafts and ships; and articles of apparel and clothing accessories. Total merchandise exports for January to May 2014 registered a 5.8 percent increase to $24.365 billion in 2014 from $23.025 billion in same period of 2013.


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