DECEMBER 2020 PHILIPPINE ELECTRONICS IMPORT PERFORMANCE

Electronics imports reached US$ 25.96 billion, or 30.32% of the country’s total commodity imports of the year.

A. PH Electronics Imports: (Month-on-Month)

1

Fig. 1: PH Electronics Imports (November 2020 vs December 2020)

Electronics imports went down by 9.44%, from US$ 2.53 billion in November 2020, to US$ 2.29 billion in December 2020 (see Fig. 1).

Imports in all seven sectors contracted, as shown in Table 2. Office Equipment decreased by 32.34%, from US$ 14.11 million in November 2020, to US$ 9.55 million in December 2020. This was followed by Medical/Industrial Instrumentation (21.41%), Electronic Data Processing (18.94%), Communication/Radar (18.40%), Consumer Electronics (9.54%), Telecommunication (6.97%) and Components/Semiconductors (6.51%). Please see Table 2.

Automotive Electronics and Control/Instrumentation grew by 18.96% and 12.36%, respectively.


B. PH Electronics Imports: (Year-on-Year)

Electronics imports increased by 7.59%, from US$ 2.13 billion in December 2019, to US$ 2.29 billion in December 2020, as shown in Fig. 2.

Imports in five sectors grew, led by Telecommunication at 23.41%, from US$ 99.85 million to US$ 123.22 million. This was followed by Consumer Electronics (21.72%), Electronic Data Processing (16.74%), Components/Semiconductors (6.96%) and Communication/Radar (1.07%). Please see Table 2.

The remaining sectors decreased, namely: Medical/Industrial Instrumentation (59.37%), Office Equipment (57.27%), Automotive Electronics (9.29%) and Control and Instrumentation (5.81%). Kindly refer to Table 2.

2

Fig. 2: PH Electronics Imports (December 2019 vs. December 2020)


C. PH Electronics Imports: (Year-to-Date)

3

Fig. 3: PH Electronics Imports (January-December 2019 vs. January-December 2020)

Overall YTD electronics imports decreased by 9.09%, from US$ 28.55 billion last year to US$ 25.96 billion this year. This comprises 30.32% of the total Philippine commodity imports YTD (see Fig. 3).

Imports in all nine sectors dropped from last year’s YTD figures. Consumer Electronics contracted the most at 36.75%, from US$ 1.40 billion last year to US$ 886 million this year. Other sectors that decreased were Medical/ Industrial Instrumentation (35.07%), Telecommunication (30.59%), Automotive Electronics (30.21%), Control and Instrumentation (22.47%), Office Equipment (20.92%), Communication/ Radar (14.79%), Components/ Semiconductor Devices (4.93%), and Electronic Data Processing (3.65%). Please see Table 3.


COUNTRIES OF ORIGIN (December 2020)

Table 1 shows that the top five (5) countries of origin of electronics imports in December 2020 were China (20.95%), Taiwan (12.99%), Japan (12.58%), Singapore (11.85%) and Korea (10.38%), respectively.

 4

Table 1: Top 5 Countries of Origin for Electronics Imports (November  2020 vs December 2020)


The rest of the top ten countries of origin were USA (8.27%), Hong Kong (7.31%), Malaysia (3.98%), Thailand (3.77%), and Germany (1.72%).

5

Fig. 4: Top Imported Products (December 2020)

The top imported electronic products in December 2020 are shown on Figure 4. Other Electronics under EDP imported from Japan increased by 4.88%. However, aerials or antennae imported from China decreased by 55.04% (see Table 4).


Table 2: PH Electronics Imports Product by Sector (Month-on-Month and Year-on-Year)

6


Table 3: PH Electronics Imports Product by Sector (Year-to-date)

7


Table 4: PH Top Electronics Import Products and Countries of Origin

8

Bottom Ad