The export of electronic equipment and parts remained the highest dollar earner for all products from Central Luzon for 2014, according to data from Data from the One Stop Export Documentation Center (OSEDC).
It was found that Memory Integrated Circuits (MICs), Large Scale Integrated (LSI) chips, electrical appliances and machineries formed the bulk of exports from the region.
The OSEDC data showed that the electronics sector in Central Luzon generated $4.22 billion or 74 percent of the total export value for the region in 2014. This was followed by the Machinery and Transport Equipment and apparatus sector at $688.43 million or 12.08 percent.
Export of garments or textiles earned $220.89 million or 3.87 percent while metal manufacture earned $130.72 million or 2.29 percent.
Department of Trade and Industry (DTI) Regional Director Judith P. Angeles said that based on the OSEDC data of Manila, Clark and Subic, with additional data from Clark Development Corporation, total exports for Central Luzon remained robust with at least 1.5 percent increase, from $5.61 Billion in 2013 to $5.70 Billion in 2014.
The province of Pampanga remained the top exporter with 86.40 percent or $ 4.93 Billion worth of exports mainly in the electronics, machinery and garments sectors.
Tarlac province is second in the region in terms of exports valued at $436.54 Million or 7.66 percent of the total exports while Bataan’s export reached $250.74 Million or 4.40 percent.
Zambales has $62.03 Million worth of exports while Bulacan produced $ 25.76 Million worth of exports for 2014.
In terms of export destination, China has now surpassed the United States as the top export buyer of Central Luzon products with 34.07 percent and 22.17 percent respectively.