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Philippines-Australia textile trade picks up, garment exports rising

26 Apr '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Textile trade between Australia and the Philippines has grown in recent years, with the Philippines' garment exports consistently increasing.
  • Cotton imports from Australia have also increased in 2022.
  • The Philippines' garment exports to Australia grew ***** per cent to $****** million in 2022, while its cotton imports reached $****** million in 2022.

The Philippines&#**; garment exports to Australia jumped ** per cent to reach $*.*** million during ****. The trade has registered consistent growth during the last five years except for ****. The export value rose to $*.*** million in **** from the preceding year&#**;s shipment, which was noted at $*.*** million, according to Fibre2Fashion&#**;s market insight tool TexPro. 

Due to disruptions in trade and economic activities caused by COVID-**, the export value decreased to $*.*** million in ****. It then bounced back, reaching $*.*** million in **** and $*.*** million in ****

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