Electronics and Components continued to lead Philippine exports in November 1999 amounting to US$ 1,589.31 million. Semi-conductor devices, and other finished electrical and electronic machinery and parts manufactured from materials, both exported on consignment basis, accounted for 63.5 percent and 14.1 percent, respectively.

Meanwhile, exports of Input/Output/Peripheral Units went up by 55.5 percent, amounting to US$ 276.10 million from US$ 177.64 million a year ago.

The six-fold increase in shipments of petroleum products was primarily due to the increase in fuel oils to US$ 34.30 million in November 1999 from US$ 1.89 million a year ago. Other gainers included petroleum naphtha (US$ 10.62 million) and gas oils (US$ 10.26 million).

 
MARKET GROWS FOR ELECTRONICS AND COMPONENTS

Of total Electronics and Components exports in November 1999, 21.5 percent were shipped to the United States of America, for a total value of US$ 366.02 million. Taiwan was the second biggest market with shipments of US$ 226.09 million. Singapore and Netherlands followed with US$ 173.51 million and US$ 139.46 million, respectively. Other big markets for Electronics and Components were Malaysia, Japan and Hongkong.

USA and Japan combined to account for 53.4 percent of the exports of Input/Output/Peripheral Units amounting to US$ 147.61 million. At third was the United Kingdom where shipments valued at US$ 39.74 million were exported. Netherlands was in fourth place with US$ 28.42 million.

Other large markets were Taiwan (US$ 20.72 million) and Germany (US$ 14.48 million).

 
SINGAPORE GROWS AS A MARKET OF PETROLEUM PRODUCTS

Exports of Petroleum Products grew more than six fold to US$ 59.85 million, due mainly to the increase of shipments to Singapore from US$ 30.82 thousand in November 1998 to US$ 33.74 million in November 1999. Exports to Japan and Hongkong amounted to US$ 8.14 million and US$ 7.73 million, respectively. India imported petroleum products worth US$ 5.07 million. Exports to China reached US$ 1.54 million.