Home breadcru News breadcru Trade breadcru  | Philippines garment exports decline 18.5% to $336 million in H1 2023

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Philippines garment exports decline 18.5% to $336 million in H1 2023

11 Aug '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Garment exports from the Philippines fell ***.* per cent to $***.** million during January-June 2023, compared to $***.** million in the same period of 2022.
  • Additionally, textile yarns and fabric exports decreased ***.* per cent to $***.** million.
  • Imports of textile yarn, fabrics, and made-up articles were down ***.* per cent to $***.** million.

Philippine exports of textile yarns and fabric fell short by **.* per cent to $***.** million in January-June ****, against the shipment of $***.** million in the same period of the previous year. 

During June ****, the exports slipped **.* per cent to $**.** million against $**.** million in the same month of the previous year. Textile yarn and fabric exports also eased *.* per cent to $**.** million against $**.** million. 

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