SEPTEMBER 2020 PHILIPPINE ELECTRONICS EXPORT PERFORMANCE

The electronics industry reached US$ 3.90 billion in September 2020, or an increase of 14.32% from last month. The significant increase was a result of the ramp-up of operations amid the on-going COVID-19 pandemic.

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

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Fig. 1: PH Electronics Exports (August 2020 vs September 2020)

Electronics exports increased by 14.37%, from US$ 3.41 billion in August 2020, to US$ 3.90 billion in September 2020 (see Fig. 1).

Exports in six sectors increased, from the previous month’s figures, as shown in Table 2. Consumer Electronics increased by 34.98%, from US$ 71.25 million, to US$ 96.17 million this month. This was followed by Communication/ Radar (28.41%), Components/Devices (Semiconductors) (16.47%), Control and Instrumentation (10.14%), Telecommunication (7.67%), and Electronic Data Processing (4.94%). Kindly refer to Table 2.

Exports in three sectors decreased with the Automotive Electronics at 36.43%. This was followed by Medical Instrumentation (14.41%), and Office Equipment (3.86%). Please see Table 2.


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

Exports increased by 1.04%, from US$ 3.86 billion in September 2019, to US$ 3.90 billion in September 2020, as shown in Fig. 2.

 

Exports in five out of nine sectors increased, led by Control and Instrumentation at 114.26% from US$ 29.22 million in September 2019, to US$ 62.61 million in September 2020. This was followed by Medical/ Industrial Instrumentation (31.28%), Automotive Electronics (7.41%), Communication/Radar (2.89%), and Components/ Devices (Semiconductors) (0.80%). Please see Table 2.

Exports in four out of nine sectors dropped, led by Telecommunication in 45.58%. This was followed by Office Equipment (12.74%), Electronic Data Processing (1.09%) and Consumer Electronics (0.38%). Kindly refer to Table 2.

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Fig. 2: PH Electronics Exports (September 2019 vs. September 2020)


C. PH Electronics Exports (Year-to-Date)

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Fig. 3: PH Electronics Exports (January-September 2019 vs. January-September 2020)

Cumulative electronics exports decreased by 13.07%, from US$ 32.29 billion last year to US$ 28.07 billion this year. (See Fig. 3).

Exports in six sectors dropped from last year’s YTD figures. Telecommunication decreased at 53.24%, from US$ 475 million last year, to US$ 222.09 million this year. Other sectors that contracted were Communication/Radar (45.51%), Office Equipment (21.92%), Electronic Data Processing (21.32%), Components / Semiconductor Devices (8.00%), and Consumer Electronics (7.22%). Please see Table 3.

Three sectors increased, namely: Control and Instrumentation (42.28%), Automotive Electronics (25.37%), and Medical / Industrial Instrumentation (11.97%). Kindly refer to Table 3.


COUNTRIES OF DESTINATION (SEPTEMBER 2020)

As shown in Table 1, the top five (5) countries of destination in September 2020 were the People’s Republic of China (19.55%), Hong Kong (18.32%), the United States (11.43%), Singapore (7.97%), and Japan (7.03%).

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Table 1: Top 5 Destination Countries for Electronics (August 2020 vs. September 2020)


Other destinations in the top ten were Germany (5.18%), Taiwan (4.34%), Thailand (3.64%), Netherlands (2.54%), and Vietnam (2.49%).

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Fig. 4: Top Exported Products, September 2020

The top exported electronics products in September 2020 are shown on Figure 4. Wafers and discs bound for Singapore decreased by 63% (see Table 4).


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

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

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

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