Philippine market introduction:
The first Philippine garment industry and fabric exhibition will be held at SMX Exhibition Center in Manila from August 23 to 26, 2018.
As a member of ASEAN, the Philippines has a domestic market of 104 million people and good export growth potential. It is estimated that the GDP growth of the Philippines will exceed 6.4% in 2017. Thanks to a series of preferential trade policies and the recovery of major markets such as the United States, Europe and Japan, the Philippines is expected to become the country with the fastest economic growth in ASEAN in the next five years. This will provide a good opportunity for companies seeking market diversification!
The Philippines is committed to revitalizing the garment industry. According to the data of tradeline Philipines, in 2016, the import of fabrics and textiles reached 1623886163 US dollars, a year-on-year increase of 30%, the import of clothing machinery and textile machinery increased by 70% and 34% respectively, and the textile clothing and fabric industry in the Philippines will usher in a strong growth.
 
Trade preferences:
The Philippines has a huge domestic market of billions of people and strong export potential. In the 1980s, the Philippines was the world's top six supplier of ready-made clothing to the United States. ? in 2015, 137000 422000 people were still engaged in textile and garment industries in the Philippines, and the labor force engaged in leather industry has increased tenfold in recent years. The Philippines is committed to increasing exports to the United States. The Philippine Department of trade and industry (DTI) plans to increase investment by US $1 billion and export clothing to US $3 billion to provide 600000 jobs.
The Philippines is the only country in ASEAN that enjoys GSP + status, and more than two-thirds of its tax numbers are exempt from customs duties. As a member of WTO and ASEAN, the Philippines has actively deepened economic integration with other countries in the region, and has signed a number of regional free trade agreements, including with China, South Korea, Australia, New Zealand, Japan, India and other places.
 
Economic and trade situation between China and the Philippines:
Last October, President duterte paid a successful visit to China and China Philippines relations improved in an all-round way. At present, political mutual trust between the two countries has been deepened, practical cooperation has been carried out in an all-round way, and maritime dialogue and cooperation have been restarted. China Philippines relations have been developing steadily, bringing tangible benefits to the two peoples and promoting regional peace and stability. During Vice Premier Wang Yang's visit to the Philippines in March this year, the two countries signed the six-year development plan of China Philippines economic and trade cooperation. The institutional cooperation between the two countries has been fully restored, and cooperation in major areas has developed rapidly. Chinese enterprises have set off a boom in investment and cooperation in the Philippines. According to official data, the bilateral trade volume between China and the Philippines increased by 9.8% year on year in 2016, which is significantly better than the overall performance of China's foreign trade in the same period, and also higher than that between China and the Philippines ASEAN trade growth

Fiber yarn: fiber, monofilament and raw materials: cellulose and finished products, man-made fiber, cotton wool, ramie, jute, linen, nylon, polyester fiber, etc
All kinds of fabrics: woven, knitted, denim, polyester, microfiber, velvet, home textile fabrics, curtains, etc
Leather and footwear materials: leather, leather, synthetic materials, footwear, leather chemicals, etc
Accessories: belts, buttons, stitches, embroidery, artificial diamond accessories, ribbons, badges, buttons, rubber edging, buttons, zippers, beads, lace, shoulder pads, etc. Others: printing and dyeing, wool products, quality inspection, cost management, etc.
Machinery: all kinds of clothing machinery, textile machinery and other machinery parts.

scale：20000  

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