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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 18.5 per cent to $336.47 million during January-June 2023, compared to $412.87 million in the same period of 2022.
  • Additionally, textile yarns and fabric exports decreased 15.4 per cent to $126.80 million.
  • Imports of textile yarn, fabrics, and made-up articles were down 7.9 per cent to $634.73 million.

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