Author Topic: Import-Export statistics for June 2017  (Read 3704 times)

adroth

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Import-Export statistics for June 2017
« on: December 11, 2017, 12:16:34 PM »
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From: https://psa.gov.ph/content/highlights-philippine-export-and-import-statistics-june-2017

7.  JAPAN ACCOUNTS FOR 18.5 PERCENT OF TOTAL EXPORTS IN JUNE 2017
Total export receipts from the country’s top ten market destinations for the month of June 2017 were valued at $4.13 billion or 84.2 percent share of the total (Table 6).

Japan, including Okinawa, ranked first, accounting for 18.5 percent of total exports, with export receipts valued at $909.17 million in June 2017. It recorded a decrease of 9.0 percent from $999.61 million in the same month of the previous year.

United States of America (USA), including Alaska and Hawaii, ranked second with revenue amounting to $697.75 million, comprising 14.2 percent share of the total exports for June 2017.  It decreased by 8.7 percent from $764.63 million recorded in June 2016.

Hong Kong ranked third with $667.50 million or 13.6 percent share of the total exports.  It grew by 12.6 percent from $592.67 million in the same month the previous year.

People’s Republic of China, with 10.9 percent share of total exports, ranked fourth with shipments valued at $535.62 million.  It went down by 2.4 percent from $548.53 million in the same month the previous year.

Singapore placed fifth, representing 6.1 percent share of total exports, with export earnings worth $299.52 million. It decreased by 7.1 percent from $322.56 million posted in June 2016.

Other top ten market destinations for   June 2017 were: Thailand, $214.32 million; Republic of Korea, $213.01 million; Germany, $206.80 million; Taiwan, $204.38 million; and Netherlands, $186.87 million.



8.  IMPORTS FROM PEOPLE’S REPUBLIC OF CHINA ACCOUNT FOR 18.8 PERCENT
Total payments for the top ten imports for June 2017 amounted to $5.60 billion or 79.4 percent of the total.

People’s Republic of China remained the country’s biggest source of imports at 18.8 percent share in June 2017.  Payments were recorded at $1.33 billion, a decrease of 3.7 percent from $1.38 billion in June 2016.

Japan, including Okinawa came second, contributing 12.8 percent or $901.12 million to the total import bill in June 2017.  It grew by 0.5 percent from the June 2016 value of $896.88 million.   

Thailand placed third, accounting for 7.7 percent share of the total imports worth $545.24 million in   June   2017.   It went up by 0.1 percent from   $544.44  million in  June 2016.

Republic of Korea was the fourth biggest source of imports for June 2017 with 7.7 percent share of the total import bills amounting to $542.02 million, an increase of 16.0 percent from $467.36 million  in June 2016.

United States of America (USA), including Alaska and Hawaii ranked fifth, accounting for 7.3 percent share of the total import bills in June  2017.  It went down by 8.2 percent from $558.93 million in June 2016 to $513.27 million in June 2017.

Other   major sources of imports for the month of June 2017 were: Indonesia, $483.76 million; Singapore, $443.76 million; Taiwan, $339.77 million; Malaysia (includes Sabah and Sarawak), $282.74 million; and Hong Kong, $225.37 million.



« Last Edit: December 12, 2017, 10:39:33 AM by adroth »

adroth

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Re: Import-Export statistics for June 2017
« Reply #1 on: December 11, 2017, 03:07:49 PM »
This thread shows our problem with China in a nutshell: they account for 24.5% of our exports, and 18.8% of our imports. More than any other country, including either Japan and the US. Europe barely registers in the official stats. The dragon has us by the balls . . . they know it . . . and aren't shy about pressing their advantage. The relative weakness of the AFP is only secondary to their holding our economy hostage. The challenge to our generation is not how fast we can buy Frigates, MRFs, or even missiles. It is how fast we can neutralize China's economic death grip. #fightsmart


adroth

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Re: Import-Export statistics for June 2017
« Reply #3 on: December 17, 2017, 10:17:45 AM »
Another datapoint to put things into perspective. These are the countries that China trades with the most . . . and is most careful about.

https://wits.worldbank.org/CountryProfile/en/Country/CHN/Year/LTST/Summary

« Last Edit: December 27, 2017, 02:42:15 PM by adroth »

adroth

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Re: Import-Export statistics for June 2017
« Reply #4 on: December 27, 2017, 01:14:09 PM »
You cannot mount an effective defense against China if you do not have a FULL understanding of the "China problem". Without a true, no-B.S. understanding of the challenge . . . we will never be able to muster the necessary national will to actually address the economic AND security imbalance.

adroth

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Re: Import-Export statistics for June 2017
« Reply #5 on: January 05, 2018, 11:27:35 AM »
Diamonds and the Crocodile: China’s Role in the Zimbabwe Coup
Tracking China’s interests in the south African state.

By Vasabjit Banerjee and Timothy S. Rich
November 22, 2017

https://thediplomat.com/2017/11/diamonds-and-the-crocodile-chinas-role-in-the-zimbabwe-coup/

< Edited >

Although China has officially denied involvement in the recent coup, it has cultivated deep ties with Zimbabwe’s political leadership since the 1960s-70s Rhodesian Bush War. Mugabe’s ZANU, primarily led and soldiered by the Shona ethnic group, acquired weapons and funding from China. From the 1990s, China continued to increase economic ties with Zimbabwe; it has investments in mining, agriculture, energy, and construction. In 2015, China became Zimbabwe’s top export market and accounted for by far the largest share of foreign direct investment into Zimbabwe (74 percent). The same year, China also promised a $4 billion aid and investment package in 2016, and has pledged $46 million for the building of Zimbabwe’s new parliament building.

< Edited >