Continuing with the downtrend witnessed since the beginning of this year, garment exports from Philippines declined 14.4 per cent to $1.210 billion during the first nine months of 2015, compared to $1.413 billion worth of exports made during the corresponding period of last year, according to the government data.
Continuing with the downtrend witnessed since the beginning of this year, garment exports from Philippines declined #
Meanwhile, exports of textiles, including yarn and fabric, fell 16.9 per cent to $152.417 million compared to $183.429 million earned during the same period in 2014, data from the industry and
trade statistics department, under the Philippine Statistics Authority showed.
Continuing with the downtrend witnessed since the beginning of this year, garment exports from Philippines declined #
From January to August 2015, for which data is available, Philippines' import of yarn, fabric and made-up articles were valued at $510.785 million, up 2.3 per cent compared to imports of $499.464 million in the corresponding period of the previous year.
Continuing with the downtrend witnessed since the beginning of this year, garment exports from Philippines declined #
Philippine
textile and garment exports had registered a sharp 34.5 per cent growth last year. Analysts attribute the decline in exports this year to the non-inclusion of textiles and garments in the revised GSP granted by the US to Philippines. (RKS)
Continuing with the downtrend witnessed since the beginning of this year, garment exports from Philippines declined #
ALCHEMPro News Desk – India
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