PHILIPPINE EXPORT TO MALAYSIA AND TO LAO

PHILIPPINE EXPORT TO MALAYSIA AND TO LAO

 

The total value of export (in US dollars) from the Philippines to Malaysia and to Lao in selected periods from 1960 to present is show in Table 1.  The data was obtained from the International Monetary Fund’s database. There were entries in 1964, 1968, 1976 to 1978, 1981 to 1989 and 1992 to be able to permit for comparison of export since the data in 1960, 1970, 1980 and 1990 for Laos are all zero.

Table 1. Total value of Export from Philippines to Malaysia and to Lao

Year Export to Malaysia

(in US$)

Export to Lao

(in US$ )

1960 0 0
1964 0 800,000
1966 5,000,000 0
1970 300,000 0
1976 4,750,000 10,000
1977 29,990,000 80,000
1978 36,490,000 40,000
1980 94,390,000 0
1981 104,070,000 120,000
1987 119,010,000 20,000
1988 116,490,000 30,000
1989 99,700,656 100
1990 126,803,000 0
1992 127,849,497 1,000
2000 1,377,360,746 46,688
2010 1,396,496,130 301,273
2015 1,198,694,382 15,573,640

Source: International Monetary Fund (2016). Direction of Trade (Philippines). Retrieved

from http://data.imf.org/TimeSeries?key=61099608

Table 2, on the other hand, focused on selected periods only. To visualize the relationship between the data, a graph was constructed and it is shown in Figure 1 and Figure 2. Figure 1 shows an increasing export form Philippines to Malaysia. Likewise, Figure 2 shows that there is a substantial increase in export value from Philippines to Lao in 2015 compared to the preceding years. The latest export value for Malaysia, however, decreased in 2015 from 1,396.50 in 2014 to 1,198.69.

Table 2. Total value of Export from Philippines to Malaysia and to Lao

Year Export to Malaysia

(in US$)

Export to Lao PDR

(in US$ )

1960 0 0
1970 0.30 0
1980 94.39 0
1990 136.6 0
2000 1,377.36 69,000
2010 1,396.50 32,400
2015 1,198.69 584,303.41

Source: International Monetary Fund (2016). Direction of Trade Statistics (Philippines). Retrieved from http://data.imf.org/TimeSeries?key=61099608

 

Figure 1. Export Value from Philippines to Malaysia

Figure 2. Export Value from Philippines to Lao

 

Table 3.  Top 5 Export products of Philippines to Malaysia

YEAR RANK
1 2 3 4 5
2001 Electronic,

electronic equipment

Machinery,

nuclear reactors

Animal, vegetable fats and oils Vehicles other than railway, tramway Cereal, flour, starch,

milk preparations

2002 Electronic,

electronic equipment

Machinery,

nuclear reactors

Animal, vegetable fats and oils Vehicles other than railway, tramway Dairy products, eggs, honey
2003 Electronic,

electronic equipment

Machinery,

nuclear reactors

Animal, vegetable fats and oils Vehicles other than railway, tramway Dairy products, eggs, honey
2004 Electronic,

electronic equipment

Machinery,

nuclear reactors

Animal, vegetable fats and oils Vehicles other than railway, tramway Dairy products, eggs, honey
2005 Electronic,

electronic equipment

Machinery,

nuclear reactors

Vehicles other than railway, tramway Animal, vegetable fats and oils Dairy products, eggs, honey
2006 Electronic,

electronic equipment

Machinery,

nuclear reactors

Copper and articles thereof Dairy products, eggs, honey Mineral fuels, oils, distillation products
2007 Electronic,

electronic equipment

Machinery,

nuclear reactors

Articles of leather, animal gut, harness Mineral fuels, oils, distillation products Copper and articles thereof
2008 Electronic,

electronic equipment

Machinery,

nuclear reactors

Mineral fuels, oils, distillation products Articles of leather, animal gut, harness Vehicles other than railway, tramway
2009 Machinery,

nuclear reactors

Electronic,

electronic equipment

Articles of leather, animal gut, harness Mineral fuels, oils, distillation products Vehicles other than railway, tramway
2010 Commodities not elsewhere specified Electronic,

electronic equipment

Machinery,

nuclear reactors

Mineral fuels, oils, distillation products Copper and articles thereof
2011 Commodities not elsewhere specified Electronic,

electronic equipment

Mineral fuels, oils, distillation products Machinery,

nuclear reactors

Dairy products, eggs, honey
2012 Electronic,

electronic equipment

Machinery,

nuclear reactors

Mineral fuels, oils, distillation products Sugars and sugar confectionery Animal, vegetable fats and oils
2013 Electronic,

electronic equipment

Mineral fuels, oils, distillation products Essential oil, perfumes, cosmetics, toiletries Machinery,

nuclear reactors

Copper and articles thereof
2014 Electronic,

electronic equipment

Machinery,

nuclear reactors

Mineral fuels, oils, distillation products Cereal, flour, starch, milk preparations and products Animal, vegetable fats and oils
2015 Electronic,

electronic equipment

Mineral fuels, oils, distillation products Machinery,

nuclear reactors

Essential oil, perfumes, cosmetics, toiletries Dairy products, eggs, honey

Source: International Trade Centre (2016). Bilateral Trade between Philippines and Malaysia. Retrieved from http://www.trademap.org/Bilateral_TS.aspx

 

 

Table 4.  Top 5 Export products of Philippines to Lao

YEAR RANK
1 2 3 4 5
2001 Vehicles Pharmaceutical products Beverages, spirits and vinegar Other made textile articles Electrical, electronic equipment
2002 Pharmaceutical products Vehicles Beverages, spirits and vinegar Other made textile articles Electrical, electronic equipment
2003 Pharmaceutical products Tobacco and manufactured tobacco substitutes Cotton Essential oil, perfumes, cosmetics, toiletries Machinery
2004 Printed books, newspapers Vehicles Essential oil, perfumes, cosmetics, toiletries Paper and paperboard Plastics and articles thereof
2005 Printed books, newspapers Plastics and articles thereof Machinery Paper and paperboard Pharmaceutical products
2006 Printed books, newspapers Machinery Paper and paperboard Plastics and articles thereof Special woven or tufted fabric
2007 Paper and paperboard Machinery Special woven or tufted fabric Pharmaceutical products Knitted or crocheted fabric
2008 Paper and paperboard Machinery Electrical, electronic equipment Knitted or crocheted fabric Pharmaceutical products
2009 Wood and articles of wood, wood charcoal Paper and paperboard Pharmaceutical products Machinery Printed books, newspapers
2010 Paper and paperboard Soaps, lubricants, waxes Pharmaceutical products Machinery Electrical, electronic equipment
2011 Paper and paperboard Pharmaceutical products Commodities not elsewhere specified Miscellaneous chemical products Electrical, electronic equipment
2012 Electrical, electronic equipment Paper and paperboard Machinery Pharmaceutical products Optical, photo, technical apparatus
2013 Machinery Paper and paperboard Plastics and articles thereof Electrical, electronic equipment Articles of iron or steel
2014 Machinery Vehicles Paper and paperboard Electrical, electronic equipment Articles of apparel, accessories
2015 Vehicles Electrical, electronic equipment Explosives, pyrotechnics, matches Stone, plaster, cement, asbestos Pharmaceutical products

Source: International Trade Centre (2016). Bilateral Trade between Philippines and Lao People’s Democratic Republic. Retrieved from http://www.trademap.org/Bilateral_TS.aspx

 

Table 5.  Nominal and Real GDP in the Philippines

Year GDP

(US $)

Real GDP
1960 6,684,685,517 3,935,574,540
1970 6,687,223,656 2,176,251,075
1980 32,450,398,740 3,041,367,099
1990 44,311,595,230 1,110,661,298
2000 81,026,297,144 810,262,976
2010 199,590,774,785 1,263,927,490
2015 291,965,336,391 1,665,818,453

Source: The World Bank Group (2016). World Development Indicators. Retrieved form http://data.worldbank.org/indicator/NY.GDP.MKTP.CD

 

 

Figure 3. GDP and Export Value from Philippines to Malaysia

Generally speaking, an increase in export value to Malaysia is associated with an increase in nominal GDP. Hence, there is a positive relationship between the two variables.

Figure 4. GDP and Export Value from Philippines to Lao

The graph shows that there is no consistent positive relationship between export to Lao and national GDP in general. There was even a period that the export increased but the GDP decreased.

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