TexPro data shows the Philippines gaining fastest in sweaters, men’s woven apparel, and women’s woven apparel. The opportunity is real but the country starts from a very small European base. Rules of origin, capacity, and compliance will determine whether preferential access becomes a durable EU business.
A sourcing story not just a tariff story
The EU and the Philippines reached substantial agreement on their free trade negotiations on September **, ****. The package is expected to liberalise more than ** per cent of tariff lines covering over ** per cent of bilateral trade, although technical details and implementation provisions still have to be finalised.
