Philippine Chip Rebound Can’t Prevent Asian Export Fall in April — Panjiva


Philippine Chip Rebound Can’t Prevent Asian Export Fall in April

China 1853 Info Tech - Tech Hardware 408 Philippines 41 Taiwan 103 Trade Balance 685 Vietnam 171

International trade activity in the Philippines improved by 4.8% year over year in April, including the first increase in exports – by a modest 0.4% – after four months of declines. The turnaround in dollar terms is due to semiconductor shipments rising by 1.2% from a 3.1% drop in April. That indicates an improved performance from Texas Instruments, which represented 33.4% of exports in 2018, and ST Micro. The semiconductor industry more widely has been weaker though and drove a 2.8% drop in exports in total exports across Asia in April across 14 countries. The region’s...

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