Philippine trade center in europe
Philippine trade center in europe
There are big opportunities for both small and bigger businesses from the Philippines to export more products and services to Europe.
The PH-EFTA (Philippines-European Free Trade Association free trade agreement) opens new markets for Philippine exporters, MSMEs, and industries. Big and small should take advantage of the free trade dea
There are big opportunities for both small and bigger businesses from the Philippines to export more products and services to Europe.
The PH-EFTA (Philippines-European Free Trade Association free trade agreement) opens new markets for Philippine exporters, MSMEs, and industries. Big and small should take advantage of the free trade deal that already covers Iceland, Liechtenstein, Norway, and Switzerland.
Since the signing of the free trade deal in 2018, the trade balance shifted in the Philippines’ favor.
Agricultural Goods
Total agri-fishery trade between the Philippines and EFTA member states (Iceland, Liechtenstein, Norway, and Switzerland) hit USD48 million in 2020, but there’s plenty of opportunities to expand this relationship under the PH-EFTA.
Industrial Goods
Did you know that under the PH-EFTA free trade agreement, all industrial products from the Philippines enjoy duty-free market access to Iceland, Liechtenstein, Norway, and Switzerland? But despite the significant advantages of the free trade deal, the Board of Investments notes that utilization by Philippine exporters remains low even if the deal can improve the country’s position as a EFTA’s primary import source in ASEAN.
Get in contact with us to sell your products or services to these four countries which are in Europe, but not members of the European Union.
This is the "Real Deal" - The Free Trade Agreement everyone has been waiting for since it was first initiated in 2015, then put on hold and now finally re-opened for negotiations in March 2024. Click here to read the official press release from the European Commission on March 18, 2024.
The trade between the Philippines and EU is
This is the "Real Deal" - The Free Trade Agreement everyone has been waiting for since it was first initiated in 2015, then put on hold and now finally re-opened for negotiations in March 2024. Click here to read the official press release from the European Commission on March 18, 2024.
The trade between the Philippines and EU is already significent but nothing compared what it will be when the FTA is signed.
Here are some current statistics:
Trade in goods was worth over €18.4 billion in 2022, while trade in services was worth €4.7 billion in 2021;
The EU is the Philippines' 4th largest trade partner;
The Philippines, the 5th largest economy in the ASEAN region, and the EU's 7th most important trading partner in the region (and 41st worldwide);
The Philippines is among the fastest growing emerging economies in the world, projected to see the 2nd highest economic growth in ASEAN with 5.9% GDP growth in 2024;
The EU is one of the largest investors in the Philippines, with the EU's foreign direct investment stock in the Philippines reaching €13.7 billion!
There are massive opportunities for export to the European Union, so the only question left to ask is if your company is ready to export to the European Union? We are here to assist you with succesful sales to the EU!
NEW! We offer European companies FREE B2B assistance to find the best Philippine trade partners.
But first and foremost, we offer your company in the Philippines a professional and dedicated European sales force with over 30 years of experience and local market knowledge throughout Europe.
We offer the best EU market research in order for y
NEW! We offer European companies FREE B2B assistance to find the best Philippine trade partners.
But first and foremost, we offer your company in the Philippines a professional and dedicated European sales force with over 30 years of experience and local market knowledge throughout Europe.
We offer the best EU market research in order for you to understand how to compete sell your Philippine products or services to all 27 member states of the EU.
We offer experienced local marketing in local languages. Our multilingual staff will in co-operation with your company be trained in your sopecific products or services to best represent your company in Europe.
We have over 20 years experience in European exhibitions and trade fairs. To reduce EXPO costs we offer joint exhibitions and trade fairs in European cities for Philippine products and services to be seen and known.
We offer warehousing and logistic services more so; we can handle the importation and distribution of Philippine products to all over Europe.
GREEN DEAL! Ask us how to add your company logo with link to your website on our list of VERIFIED Philippine companies below.
Contact us today to hear more about how we can help you export more Philippine products or services to the European Union and how your company in the Philippines can be ready to benefit from the PH-EU Free Trade!
Exporting products to the EU has become increasingly challenging with its new "Green Deal" regulations. Philippine exporters of cattle, soy, coffee, palm oil, rubber and wood will be subject to new European Union (EU) deforestation regulations restricting access to products that benefited from the clearing of forest.
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Global Business Websites:
PhilippineExpo.ph - Exhibitions
B2Bphilippines.com - Marketplace
PhilippineExport.com - Daily News
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