ELECTRONIC exports increased by 5.38 percent in the first seven months of 2018 to $21.61 billion (P1.15 trillion as of July 31) from $20.51 billion in the same period last year, the Semiconductor & Electronics Industries in the Philippines Foundation Inc. (Seipi) said on Thursday.

According to Seipi, electronic exports accounted for more than half—55.78 percent—of the country’s total exports in the period.