CITY OF SAN FERNANDO — The top performing export in Central Luzon is still electronics.
Department of Trade and Industry (DTI) regional director Judith P. Angeles said electronics accounted to about $4.825 billion or 58.87 percent of the total value of exports of the region in 2018.
Machinery and transport equipment/apparatus followed with a total value of $1.682 billion while export of other manufacturers totaled $411.769 million, she said.
It was learned that the total export for the region in 2018 was valued at $8.195 billion which is slightly lower than the 2017 total of $8.252 billion.
Pampanga remained the top source of exports for Central Luzon due to the presence of electronics manufacturing companies in the Clark Freeport Zone.
The province exported $4.915 billion worth of goods or 60 percent of the total export value of the region, Angeles added.
It was followed by Zambales with an export value of $2.101 billion, Bataan $731 million, Tarlac with $415.216 million, Bulacan with $33.177 million, and Nueva Ecija with $43,010.
Listed as the top exporters of Central Luzon in 2018 were SFA Semiconductor Phils. Corp. in Pampanga, Hanjin Heavy Industries and Construction Philippines, Inc. in Zambales, Linberg Subic Inc. in Zambales, L & T International Group Phils. Inc. in Pampanga and HLD Clark Steel Pipe Co. Inc. in Pampanga.
The basis of top exporters came from the records of the One Stop Shop Export Declaration Centers, Clark Development Corporation, Subic Bay Metropolitan Authority, Luisita Industrial Park Corporation, and the Authority of the Freeport of Bataan, Angeles said.
The United States is the top destination of Central Luzon exports with 25.14 percent of the total.
It was followed by China with 19.18 percent, Hong Kong with 13.85 percent, Japan with 8.06 percent, South Korea with 6.08 percent, and Taiwan with 4.95 percent.
