Philippine garment exports rise slightly

22/09/2005
According to the Garments and Textiles Export Board (GTEB) in the Philippines, higher-value items propped up garment export earnings in the January-July period to $1.27 billion, up 1.37 percent from $1.25 billion in the same months last year. July’s earnings grew 7.7 percent to $229.4 million from $212.9 million a year earlier.

Growth was seen in the wool apparel and silk segment, as well as in garments made of natural fibers, with each of these segments showing an average growth rate of 60 percent month-on-month."

Serafin Juliano, director of GTEB, said the industry was relying more on its capability to produce quality products and providing efficient service and value-for-money to customers. He also added that Philippine producers were working on a possible bilateral arrangement with the United States on selective preferential treatment for garments.