September 11, 2019
Annual Report 2018: Processed/Semi-Processed Sub-Sector
The Processed and Semi processed has consistently been the largest earner in the NTE portfolio accounting for about 78.53% to the total NTE earnings in 2018. Earnings from the sub-sector amounted to US$2,208.99 million, depicting an increase of 4.92% compared to US$2,105.43 million earned in 2017. The increase is mainly due to the performance of iron and steel products, aluminum products, canned tuna amongst others.