Despite a 7.9 percent dip in receipts, Electronics and Components remained as the top foreign currency earner for January 2000, with an aggregate value of $1.365 billion. About 60.0 percent of this amount came from exports of semi-conductor devices, manufactured from materials on consignment basis amounting to $817.83 million which was 22.6 percent lower than $1.057 billion a year ago. Other electronics and components which consisted mainly of finished electrical and electronic machinery and parts manufactured from materials on consignment basis and other electronic integrated circuits and micro-assemblies were 20.6 percent of the total and valued at $281.10 million. For micro-circuits valued at $265.62 million, top earners were digital monolithic integrated circuits.

Receipts from Input/Output/Peripheral Units grew by 45.3 percent to $272.30 million from $187.44 million last year.

Exports of $180.12 million came from the third top earner, articles of apparel and clothing accessories. Valued at $97.25 million which was 11.5 percent higher than $87.25 million in January 1999, articles of apparel and clothing accessories not manufactured from materials on consignment basis accounted for 54.0 percent of the total receipts. Women's wear manufactured from materials on consignment basis, valued at $30.70 million accounted for 17.0 percent while men's wear worth $28.91 million accounted for 16.0 percent. Children's and infant's wear followed with $14.77 million or 8.2 percent of the total.

Exports of petroleum products valued at $29.92 million went up by 207.8 percent from $9.72 million. The steep climb was largely due to the 12-fold increase in sales of fuel oils which rose to $16.33 million from $1.14 million. Petroleum naphtha likewise posted a 261.1 percent increase as receipts reached $8.22 million from $2.28 million.

 
SHARE OF US MARKET UP AT 26.3 PERCENT

Exports of Electronics and Components to the United States amounted to $359.01 million which was 3.6 percent lower than $372.55 million last year. In terms of percentage share however, the US share went up from 25.1 percent to 26.3 percent. The share of Singapore likewise grew to 11.9 percent from 7.7 percent last year as value rose by 43.0 percent to $162.79 million from $113.87 million. Netherlands and Taiwan followed with shipments valued at $137.28 million and $136.40 million, respectively. Other large markets for Electronics and Components were Japan (7.7 percent), Malaysia (6.2 percent), and Hongkong (6.0 percent).

 
USA, JAPAN STILL TOP MARKETS OF INPUT/ OUTPUT/PERIPHERAL UNITS

The United States cornered 28.8 percent of the total export of input/output/peripheral units for January 2000. The reported amount of $78.41 million was an increase of 39.2 percent from $56.35 million in January 1999. Receipts from Japan went up by 25.9 percent to $71.19 million and with a share of 26.1 percent. Taiwan on the other hand, grew by 272.9 percent to $33.27 million with a 12.2 percent share. Other large markets were the United Kingdom ($20.08 million), Netherlands ($20.81 million) and Germany ($15.30 million).

 
SHIPMENTS OF GARMENTS TO US REACH $139.89 MILLION

Aggregate receipts from the United States, top market for Articles of Apparel and Clothing Accessories, amounted to $139.89 million or 77.7 percent of the total. United Kingdom followed with a 4.1 percent share while at third was Japan with 4.0 percent. Other major markets for Articles of Apparel and Clothing Accessories were: Germany (2.6 percent); Canada (2.2 percent); and, Netherlands, (1.2 percent).

These top six markets accounted for 91.8 of the total receipt from this third top dollar earner.

 
SINGAPORE STILL TOP MARKET FOR PETROLEUM PRODUCTS

Singapore cornered 58.4 percent of the exports of petroleum products. Valued at $17.47 million, sales to Singapore soared from a minimal value, only $6,120 in January 1999 to dislodge last year's top markets for Petroleum Products. Republic of Korea ranked second with payments valued at $6.68 million (22.3 percent) which was 305.1 percent higher than $1.65 million in January 1999. Japan followed with a 6.4 percent share while the US came in fourth with a 3.0 percent share.