The Philippines’ textile and apparel imports declined during January–September ****, while exports also slipped marginally as lower apparel shipments offset growth in textile yarn and fabric exports, according to the latest provisional data from the Philippine Statistics Authority (PSA). However, both imports and exports registered year-on-year growth in September.
Combined textile and apparel imports fell by *.** per cent year on year (YoY) to $*.*** billion during January–September ****, compared with $*.*** billion in the corresponding period of ****. Imports of textile yarn, fabrics, made-up articles and related products declined by *.** per cent to $***.** million from $*.*** billion a year earlier. Imports of articles of apparel and accessories, however, increased by *.** per cent to $***.** million from $***.** million. Imports of textile fibre and waste declined by *.** per cent to $**.** million from $***.** million.
In September ****, combined textile and apparel imports increased by *.** per cent YoY to $***.** million from $***.** million. Imports of textile yarn, fabrics, made-up articles and related products rose by *.** per cent to $***.** million from $***.** million, while imports of apparel and accessories increased by *.** per cent to $**.** million from $**.** million. Textile fibre and waste imports, however, declined by **.** per cent to $*.** million from $**.** million.
