Exports increased 1.5 percent in 2019 to hit an all-time high of $70.32 billion, data from the Philippine Statistics Authority show.
Trade Secretary Ramon Lopez said the country achieved the feat despite the external headwinds from the global trade policy uncertainties, geopolitical tensions and country-specific challenges.
“The relatively strong export performance of the Philippines transpired amid DTI’s strong efforts in attracting investments, spurring MSME development and promoting the ease of doing business,” said Lopez.
Read more: Manila Standard
ABOUT PTIC TAIPEI
The Philippine Trade & Investment Center in Taipei is the Commercial Affairs Section of the Manila Economic and Cultural Office and the representative office of the Philippine Department of Trade & Industry in Taiwan