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Philippines Freight Transport and Shipping Report Q2 2016

Philippines Freight Transport and Shipping Report Q2 2016

BMI View: Overall, 2016 will be a year of steady to robust growth across the Philippine freight transportindustry, with the exception of road haulage, which will increase at a paltry 2.1%. External headwinds willweigh on exports, but strong domestic demand and investment should translate into heightened imports andsupport continued volume growth.

The outlook for Philippine trade remains mixed, in large part due to a sedate regional environment which isimpacting upon demand from the country's major neighbouring trade partners. Deteriorating regionaldemand conditions will weigh on export performance in the Philippines, acting as a drag on the Philippineeconomy and adding downside pressure on the peso. Mounting concerns over the Chinese economyfollowing the People's Bank of China (PBOC)'s cumulative 3.5% devaluation of the yuan in August couldalso undermine regional growth prospects, potentially contributing to rising fears of default risks in theregion. Despite this, we expect that the economy as a whole will remain resilient thanks to a likely uptick infiscal spending, which should in turn support imports. We forecast real GDP growth of 6.0% in 2016 and5.9% in 2015, from an estimated 5.7% in 2015.


BMI Industry View
Table: Trade Overview (Philippines 2013
2020)
SWOT
Freight Transport & Shipping SWOT
Industry Forecast
Trade Forecast
Latest Updates
Structural Trends
Table: Trade Overview (Philippines 2013
2020)
Table: Key Trade Indicators (Philippines 2013
2020)
Table: Main Import Partners
Table: Main Export Partners
Road Freight Forecast
Latest Updates
Structural Trends
Table: Road Freight (Philippines 2013
2020)
Rail Freight Forecast
Latest Updates
Structural Trends
Table: Rail Freight (Philippines 2013
2020)
Air Freight Forecast
Latest Updates
Structural Trends
Table: Air Freight (Philippines 2013
2020)
Shipping Forecast
Latest Updates
Structural Trends
Table: Major Ports Data (Philippines 2013
2020)
Table: Top Import Destinations, 2006
2013 (USDmn)
Table: Top Export Destinations, 2004
2012 (USDmn)
Market Overview
Company Profile
ICTSI
Demographic Forecast
Table: Population Headline Indicators (Philippines 1990
2025)
Table: Key Population Ratios (Philippines 1990
2025)
Table: Urban/Rural Population & Life Expectancy (Philippines 1990
2025)
Table: Population By Age Group (Philippines 1990
2025)
Table: Population By Age Group % (Philippines 1990
2025)
Methodology
Industry Forecast Methodology
SectorSpecific Methodology
Sources

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