Throughout the reviewed period the country’s total trade fetched US$473.33 billion, representing a year-on-year increase of 16.9%.

Of the total, export turnover stood at US$244.41 billion, rising by 16% over the same period last year.

Among staples posting strong export turnover were computers and components, up 28.9%; machinery, equipment, and parts, up 21.3%; telephones and components, up 11.1%; and wood and wooden products, up 23.2%.

Meanwhile, import turnover of goods were estimated at US$228.92 billion, marking an 18% yearly increase.

Major items which enjoyed strong growth in import value were computers, electronic products, and components, up 28.2%; machinery, equipment, tools, and spare parts, up 16.5%; and iron and steel, up 22.5% year on year.