Following the launch of member-driven sites like SixDegrees.com in 1997, social media has permanently changed how people around the globe communicate with each other—a trend continuing to accelerate at fibre optic speeds. It’s an unprecedented shift, far eclipsing the comparatively glacial impact after William Caxton’s historic introduction of England’s first printing press in … [Read more...]
Most Valuable Filipino Export Products
The Philippines ran up an overall -US$11.5 billion trade deficit during 2015 up by 95.3% from $5.9 billion for 2014. Yet hidden in the latest annual export statistics are fast-growing export success stories that confirm competitive advantages especially in building aircraft parts and making electronic components in the Philippines. Solar power semi-conductors, wood carpentry, … [Read more...]
Philippines Copper Exports by Buyer Country
In 2015, the Philippines shipped US$860.2 million worth of copper products to its international customers. That dollar amount represents a -36.8% drop from the $1.4 billion in global sales five years earlier in 2011. Year over year, the value of copper exports from the Philippines improved by 30.6% compared to the $658.9 million in revenue garnered during 2014. The two-digit … [Read more...]
Imported Cheese Cravings in the Philippines
In 2015, the Philippines imported US$90.8 million worth of cheese. That amount represents a 30.8% gain from $69.8 million bought from international sources five years earlier in 2011. Year over year, the value of imported cheese shipped to the Philippines increased by 13.9% in 2015 compared to $79.8 million during 2014. The Philippines generated a mere $1.5 million in cheese … [Read more...]
Wheat Tops List of Imported Cereals in the Philippines
Filipino importers purchased almost a billion dollars’ worth of wheat (US$982.1 million) from foreign suppliers during 2015. That metric far surpasses the combined total for all other imported cereals. In second place, Philippine imports of rice amounted to $464.7 million followed by imported corn at $177.6 million. Overall, the value of wheat imported into the Philippines … [Read more...]