Philippines's Apparel And Apparel Exports Grew By 16.1% In July

Philippines's National Bureau of Statistics said Philippines exported $4 billion 503 million in July 2010, up 35.9% from the US $3 billion 313 million in the same period in 2009, but it was 1.2% less than the US $4 billion 555 million in June.

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Coconut oil ranks third, accounting for 3.1% of the total export volume, and the amount is 138 million US dollars, an increase of 72.5%.

As far as export market is concerned, Singapore is the largest export market in Philippines in July, with an amount of US $793 million and a growth of 275.4%.

The United States increased by 23.2% at 719 million US dollars, while Japan ranked third, with an increase of $579 million and an increase of 3.7%;

The other ten top export markets were Hongkong (410 million US dollars), mainland China (394 million US dollars), Germany (289 million US dollars), Holland (215 million US dollars), Korea (191 million US dollars), Malaysia (155 million US dollars) and Thailand (153 million US dollars) respectively.

Supplement:

Serbia textile and garment manufacturers are looking forward to the Serbia Turkey free trade agreement, which came into force in September 1st.

Turkey is the source of raw materials and semi-finished products of the textile and garment industry in Serbia. The implementation of the FTA between the two countries has reduced the import cost of Serbia importers by about 20%.

Raw materials and semi-finished products have their own advantages in quality and price. After mutual tariff exemption, their advantages are more and more obvious.

In addition, Serbia's textile and apparel exports to EU countries and CEFTA signatories have more advantages than ever before.

Serbia's current free trade agreements with many countries can cover about 800 million of the population.