Value of Philippines electronics exports hits record in 2021

The Philippines' electronics sector, the country’s largest exporter, shipped out US$45.92 billion worth of goods last year. - Bloomberg

MANILA (Philippine Daily Inquirer/Asia News Network): The country’s electronics exports totalled nearly US$46 billion worth last year — an all-time high — after 2020 disrupted its pre-pandemic winning streak of record annual revenues for three years in a row.

The electronics sector, the country’s largest exporter, shipped out $45.92 billion worth of goods last year, a 12.9 per cent growth from 2020, said the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (Seipi) on Wednesday.