Following Philippines’ inclusion in EU’s generalized system of preferences (GSP+) last year, the country’s exports expect a 15 per cent surge. While the beneficiary status of exporting goods at zero duty has been accorded to over 6200 product lines, the apparel manufacturing sector is set to be the biggest winner. According to projections of Department of Trade and Industry, products that would likely post the highest increases given the country’s inclusion in the GSP+ scheme included textiles and garments (Euros 79.7 million), followed by footwear, headwear and umbrellas (Euros 28.5 million).
