Philippines garment exports are likely to fall below the $1.4-billion projection for the year due to disruptions from lockdowns and shipping space constraints, according.
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Garment and furniture exporters joined calls for the government to step in and address the deteriorating shipping and logistics situation in the country.
Robert Young, Philippine Exporters Confederation, Inc. (PHILEXPORT) trustee for the textile sector and president of the Foreign Buyers Associat
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Pic: Shutterstock As a result of military takeover in Myanmar, global brands are shifting their garment orders to other Southeast Asian countries, including Philippines. International buyers, especially from the US, have placed around $500 million worth of orders with garment exporters in the Philippines, according to the Foreign Buyers Association of the Philippines (FOBAP).
The country has received orders from American fashion brands for basic babies’ playwear, women’s dresses, intimate apparel and men’s athletic and sportswear, Robert M Young, FOBAP president and trustee of the Philippine Exporters Confederation Inc., said at a recent virtual forum.