Keyword Analysis & Research: international trade of the philippines


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Frequently Asked Questions

What are the highlights of the Philippine export and import statistics?

Read more about Highlights of the Philippine Export and Import Statistics August 2022 (Preliminary). In July 2022, the country’s total external trade in goods amounted to USD 18.35 billion which indicates an annual growth rate of 11.4 percent. In... Read more about Highlights of the Philippine Export and Import Statistics July 2022 (Preliminary).

What is the Philippines-EFTA free trade agreement?

The Philippines and EFTA members – Iceland, Liechtenstein, Norway, and Switzerland – signed a free trade agreement in 2016 which entered into force in 2018. The Philippines-EFTA covers trade in goods, trade in services, investment, competition, intellectual property, government procurement, and trade and sustainable development.

How did the lockdowns affect the Philippines' international trade?

On the other hand, exports to top export destinations and exports of intermediate goods were more resilient. Overall, the lockdowns had a near symmetric effect on the Philippines' international trade, with a slightly higher effect on imports than exports.

What are the tariffs in the Philippines?

Includes the barriers (tariff and non-tariff) that U.S. companies face when exporting to this country. The simple average bound tariffs on agricultural products stand at 35% in 2020. The Philippines maintains a two-tiered tariff policy for sensitive agricultural products, including rice, corn, pork, chicken meat, sugar, and coffee.


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