Philippines Top APEC Trading Partners 2011
Philippines total external trade with APEC member-countries for the first semester of 2011 amounted to $44.965 billion or 81.4 percent of the country’s entire trade. Export receipts totaled to $20.551 billion or 83.0 percent of the total exports while import payments summed up to $24.414 billion or 80.0 percent share of the total imports. Topping the list were Japan, $7.285 billion or 13.2 percent share; USA, $7.121 or 12.9 percent share; People’s Republic of China, $5.751 billion or 10.4 percent share; and Singapore, $5.305 billion or 9.6 percent share of the APEC total trade (Table 10).
Electronic Products were still the major export to APEC member-countries for the first semester of 2011 with receipts valued at $10.633 billion or 51.7 percent share of the total APEC exports. Other top exports were Woodcrafts and Furniture, $818.85 million; Articles of Apparel and Clothing Accessories, $750.84 million; Cathodes and Section of Cathodes of Refined Copper, $634.84 million; and Ignition Wiring Sets, $470.32 million (Table 11).
Topping the list of imported goods from APEC countries were Electronic Products, $8.842 billion; Mineral Fuels, Lubricants and Related Materials, $3.451 billion; Transport Equipment, $1.278 billion; Industrial Machinery and Equipment, $1.153 billion; and Organic and Inorganic Chemical, $729.05 million (Table 12) - https://www.affordablecebu.com/