WELCOME

PHILIPPINE GARMENT INDUSTRY&FABRIC EXPO 2018

The first Philippine Garment Industry & Fabric Expo 2018 will be held at SMX Convention Center, Manila during 23-26 August, 2018.

The Philippines is an Asian economy with 104 million population domestic market and good export potential. In 1980s, Philippines ranked top 6 exporters of apparel to the United States during the quota ages. In 2015, Philippines still had 137,000 textiles and 422,000 garment company workers. Efforts have been made to increase exports to the USA. Philippine Department of Trade and Industry (DTI) is targeting US$1 billion in incremental investments, US$3 billion in apparel exports and 600,000 jobs.

The country is projected to be the fastest-expanding major ASEAN economy over the next 5 years. As one of the few ASEAN countries that have not plunged into negative growth in the past year, the Philippines has a stronger standing than many of its peers.  For companies in search of market diversification, Philippines is a very promising market opportunity!

FAVORABLE TRADE POLICY

The Philippines is the only ASEAN country that enjoys the EUs Generalised Scheme of Preferences Plus (GSP+) status, which grants full removal of tariffs to over two-thirds of tariff lines. As a member of ASEAN and WTO, the Philippines have ratified a number of regional free trade agreements to deepen economic integration in the region, including China (ACFTA), Korea (AKFTA), Australia - New Zealand (AANZFTA), Japan (AJCEPA), India (AIFTA) and European (EFTA).

Download Sales Brochure