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Showing posts with the label Philippines import export data

Philippines textiles exports hit record $368 M in FY22

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  Over the years, the Philippines apparel and clothing sector has seen an upward trend. In 2022, the Philippines made a significant amount of growth in the apparel and textile sector. According to the Philippines customs data records, the textile and apparel industry exports were worth around 1.14 billion dollars during the fiscal year 2022. In which, the apparel exports are estimated around 369 million dollars. The United States was among the top markets for apparel exports with over 55% share of Philippines apparel exports. The United States had apparel exports worth around 208 million dollars during FY22. The other leading markets for Philippines apparel exports were South Korea, Canada, Japan, and Italy.  As per Philippines export data reports, the top textile export companies from Philippines were International Ying Ming, Graphica Enterprise, Skylark Garments, DM Garments and Qualitex Garments. As per the Philippines import export data of textiles and clothing, the Uni...

Philippines Electronics Exports Increase by 5% in FY23

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The Philippines Electronics Market is continuously shining. According to the Philippines import export data reports, the Electronics sector contributed around 60% of the total Philippines exports. In the financial year 2022, Philippines electronics exports were around 47 billion dollars. The Philippines electronics industry is growing at the rate of 9% every year. These include Electronic ICs, Electric capacitors, semiconductor devices, printed circuits, Television, wires and cables. Our Philippines export data of electronics suggests that the major gainers were Telecommunications, automotive electronics, office equipment, instruments, components and semiconductors. As per the Philippines customs data , Toshiba Information Equipment (Philippines), Inc. was the top electronics goods exporter from the Philippines with over 2 billion dollars exports during the financial year 2022. Microchip Technology, Philippines Advanced Processing Tech Inc, PLDT, Aboitiz Equity Ventures, Ayala, San M...