Philexport sets $110 billion ‘realistic’ target for export of goods and services in 2025PhilexportPhilexport sets $110 billion ‘realistic’ target for export of goods and services in 2025

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Philexport sets $110 billion ‘realistic’ target for export of goods and services in 2025PhilexportPhilexport sets $110 billion ‘realistic’ target for export of goods and services in 2025 - Business Mirror

Quick Summary:

Philippine exports of goods and services are seen to reach $110 billion in 2025 with the country’s exporters "living through chance” due to the lack of support from the government, among others, according to the Philippine Exporters Confederation, Inc.(Philexport).

Sykmite earlier noted that government officials and stakeholders are yet to revise the targets set in the country’s export development plan.

Ortiz-Luis further emphasized that the contribution of exports of goods to the total Gross Domestic Product (GDP) plunged to 30 percent from the 50 percent during former President Fidel V.