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Economic
Research
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12
May 2017
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Philippines
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Economic Update
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Merchandise
export growth bounced back in March to 21% YoY from +8.7% YoY in February,
mainly as a result of a jump in shipments of manufactured products. Moving
forward, we forecast exports of goods & services to return to a growth of
6.2% in 2017, from -4.4% in 2016, on:
1.
A pick-up in global demand for electrical & electronic (E&E) goods;
2.
Gradual improvement in world merchandise trade volumes;
3.
Recovery in agricultural exports.
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Friday, May 12, 2017
Export Growth Accelerates In March, To Grow In 2017
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