PH PTA MAP
Worldwide FTA Map
ASEAN
- i. Large Combined Market: ASEAN has a combined population of over 650 million people, creating a substantial consumer market.
- ii. High Economic Growth: ASEAN countries collectively exhibit high economic growth rates, offering dynamic markets for trade and investment.
- iii. Strategic Location: ASEAN is strategically located in the Asia-Pacific region, serving as a gateway to other major markets.
Electronics, automotive, textiles, and machinery.
Rice, palm oil, rubber, and tropical fruits
financial services, and information technology.
Australia
Known for its resources and agricultural strength, Australia is a key market for Philippine agricultural and seafood exports. Opportunities exist for Filipino businesses to invest in Australia’s agricultural technology and resource sectors, fostering agricultural and resource cooperation between the two countries.
China
As the world's second-largest economy, China has a high demand for Philippine electronics, agricultural products, and seafood, serving as a major market for Philippine exports. The accessibility of Chinese e-commerce platforms facilitates easier market entry for Filipino companies, aiding in export expansion.
Japan
A technologically advanced economic powerhouse, Japan actively imports Philippine agricultural and seafood products. The strong demand for high-quality Philippine goods supports a growing trade relationship, while economic cooperation allows Filipino businesses access to Japanese technology and market opportunities.
New Zealand
With a strong focus on agriculture and dairy, New Zealand is an important trading partner for the Philippines in agricultural products and dairy. Filipino agricultural products are popular as health foods in New Zealand, providing growth potential in the food processing and agricultural industries.
Republic of Korea
South Korea maintains complementary trade with the Philippines in electronics, automotive parts, and agricultural products. Philippine agricultural products and electronic components are highly sought in the Korean market, allowing Filipino companies to benefit from stable export and growth opportunities through bilateral cooperation.
ASEAN
- i. Large Combined Market: ASEAN has a combined population of over 650 million people, creating a substantial consumer market.
- ii. High Economic Growth: ASEAN countries collectively exhibit high economic growth rates, offering dynamic markets for trade and investment.
- iii. Strategic Location: ASEAN is strategically located in the Asia-Pacific region, serving as a gateway to other major markets.
Electronics, automotive, textiles, and machinery.
Rice, palm oil, rubber, and tropical fruits
financial services, and information technology.
Hong kong
Economic Significance
- i. Financial Hub: Hong Kong is a global financial center, making it an important market for Philippine businesses.
- ii. Trade Gateway: Hong Kong serves as a crucial gateway for entering the Asian market.
- iii. High Purchasing Power: Hong Kong has a high standard of living and purchasing power, creating continuous demand for Philippine products.
Major Industries and Trade Items
Hong Kong has a highly developed financial services sector, offering a variety of financial products and services.
Hong Kong is a global trade hub with an efficient logistics system.
Hong Kong plays a significant role in real estate development and infrastructure construction.
Iceland
Iceland is rich in natural resources and tourism, with strong demand for seafood and agricultural products from the Philippines. The Icelandic economy, centered on fisheries, energy, and tourism, provides opportunities for Filipino exporters, especially in seafood. Additionally, Philippine energy companies may find investment opportunities in Iceland’s renewable energy projects.
Norway
Norway’s economy, driven by maritime industries, energy, and manufacturing, offers significant demand for Philippine agricultural products, seafood, and electronics. As a major player in green energy, Norway also presents opportunities for Philippine energy companies to invest in renewable energy projects. The maritime industry allows Philippine companies to integrate Norwegian maritime technology, enhancing competitiveness.
Liechtenstein
A highly industrialized nation with a focus on financial services, Liechtenstein offers a stable market for Philippine electronics and high-quality agricultural products. The country’s advanced manufacturing sector and robust financial services provide opportunities for Philippine companies to enter the European financial network and adopt innovative manufacturing technologies.
Switzerland
Switzerland, known for its strong financial services and pharmaceutical sectors, is a high-potential market for Philippine electronic goods, agricultural products, and seafood. Swiss consumers value high-quality, health-focused products, making it an attractive market for Philippine agricultural exports. Additionally, Philippine companies can leverage Swiss advancements in pharmaceuticals and watchmaking to improve production standards and expand in Europe.
ASEAN
- i. Large Combined Market: ASEAN has a combined population of over 650 million people, creating a substantial consumer market.
- ii. High Economic Growth: ASEAN countries collectively exhibit high economic growth rates, offering dynamic markets for trade and investment.
- iii. Strategic Location: ASEAN is strategically located in the Asia-Pacific region, serving as a gateway to other major markets.
Electronics, automotive, textiles, and machinery.
Rice, palm oil, rubber, and tropical fruits
financial services, and information technology.
Australia
Australia’s well-developed economy is centered on agriculture, mining, and financial services, making it a high-potential market for Philippine exports such as agricultural products, seafood, and electronics. Australia’s high demand for tropical agricultural goods like Philippine mangoes and bananas, along with seafood like tuna and shrimp, creates a stable export opportunity. Additionally, the financial sector provides investment opportunities for Philippine companies to enter the Australian financial network, and mining companies can collaborate in Australia’s resource-rich mining projects.
New Zealand
Known for its strengths in agriculture, tourism, and dairy industries, New Zealand offers a significant market for Philippine agricultural and seafood exports, which are popular for their quality and health benefits among New Zealand consumers. The dairy sector also provides raw materials that can be used by Philippine companies to produce processed dairy products. New Zealand’s renewable energy sector offers collaboration opportunities, allowing Philippine energy companies to contribute to sustainable projects. Additionally, the tourism industry fosters collaboration for mutual tourism promotion and package development, benefiting both countries.
ASEAN
- i. Large Combined Market: ASEAN has a combined population of over 650 million people, creating a substantial consumer market.
- ii. High Economic Growth: ASEAN countries collectively exhibit high economic growth rates, offering dynamic markets for trade and investment.
- iii. Strategic Location: ASEAN is strategically located in the Asia-Pacific region, serving as a gateway to other major markets.
Electronics, automotive, textiles, and machinery.
Rice, palm oil, rubber, and tropical fruits
financial services, and information technology.
India
- i. Large Consumer Market: India has a vast consumer market based on its large population.
- ii. Industrial Diversity: India is competitive in various industries such as IT, manufacturing, and agriculture.
- iii. Economic Growth: India has a high economic growth rate and aims for sustainable development.
Japan
- i. Large Consumer Market: Japan has a vast consumer market with high purchasing power.
- ii. Economic Growth: Japan has a stable economy with significant growth potential in various sectors.
Japan is a leading producer of automobiles and automotive parts.
Japan has a strong electronics industry, including consumer electronics and electronic components.
Japan is known for its high-quality machinery and industrial equipment.
ASEAN
- i. Large Combined Market: ASEAN has a combined population of over 650 million people, creating a substantial consumer market.
- ii. High Economic Growth: ASEAN countries collectively exhibit high economic growth rates, offering dynamic markets for trade and investment.
- iii. Strategic Location: ASEAN is strategically located in the Asia-Pacific region, serving as a gateway to other major markets.
Electronics, automotive, textiles, and machinery.
Rice, palm oil, rubber, and tropical fruits
financial services, and information technology.
Japan
- i. Advanced Economy: Japan is the third-largest economy in the world, with a strong industrial base in manufacturing, technology, and services.
- ii. High Purchasing Power: Japanese consumers have a high purchasing power, driving demand for high-quality products and services.
- iii. Technological Leadership: Japan is a global leader in various high-tech industries, offering opportunities for technology transfer and collaboration.
Japan is renowned for its automotive industry, with major companies like Toyota, Honda, and Nissan.
Japan is a leading producer of electronic goods, including semiconductors, consumer electronics, and industrial equipment.
Japan imports a significant amount of agricultural products and seafood, creating opportunities for ASEAN exporters.
ASEAN
- i. Large Combined Market: ASEAN has a combined population of over 650 million people, creating a substantial consumer market.
- ii. High Economic Growth: ASEAN countries collectively exhibit high economic growth rates, offering dynamic markets for trade and investment.
- iii. Strategic Location: ASEAN is strategically located in the Asia-Pacific region, serving as a gateway to other major markets.
Electronics, automotive, textiles, and machinery.
Rice, palm oil, rubber, and tropical fruits
financial services, and information technology.
China
- i. Large Consumer Market: China has a vast consumer market with high purchasing power.
- ii. Technological Advancement: China is a global leader in technology and innovation.
- iii. Economic Growth: China has a stable economy with significant growth potential in various sectors.
China is a leading producer of electronics and electronic components.
China has a strong machinery and equipment industry.
China is a major importer of agricultural products.
ASEAN
- i. Large Combined Market: ASEAN has a combined population of over 650 million people, creating a substantial consumer market.
- ii. High Economic Growth: ASEAN countries collectively exhibit high economic growth rates, offering dynamic markets for trade and investment.
- iii. Strategic Location: ASEAN is strategically located in the Asia-Pacific region, serving as a gateway to other major markets.
Electronics, automotive, textiles, and machinery.
Rice, palm oil, rubber, and tropical fruits
financial services, and information technology.
Republic of Korea
- i. Large Consumer Market: South Korea has a vast consumer market with high purchasing power.
- ii. Technological Advancement: South Korea is a global leader in technology and innovation.
- iii. Economic Growth: South Korea has a stable economy with significant growth potential in various sectors.
South Korea has a strong automotive industry.
South Korea is a leading producer of electronics and electronic components.
South Korea is known for its high-quality machinery and industrial equipment.
ATIGA
- i. Large Combined Market: ASEAN has a combined population of over 650 million people, creating a substantial consumer market.
- ii. High Economic Growth: ASEAN countries collectively exhibit high economic growth rates, offering dynamic markets for trade and investment.
- iii. Strategic Location: ASEAN is strategically located in the Asia-Pacific region, serving as a gateway to other major markets.
Electronics, automotive, textiles, and machinery.
Rice, palm oil, rubber, and tropical fruits
financial services, and information technology.
EU-GSP+
Key Industries Benefiting from EU-GSP
Several industries in the Philippines benefit greatly from the GSP+ scheme, particularly:
The agricultural sector is one of the biggest beneficiaries, with products such as bananas, pineapples, coconut-based goods, and seafood enjoying duty-free access to the EU. This allows Philippine agricultural exporters to compete more effectively in the global market.
The Philippines’ thriving textile and garment industry enjoys significant benefits under GSP+. Philippine-made clothing and textiles are exempt from tariffs, allowing businesses to compete with other global players in the European fashion market.
Manufactured products, such as electronics, mechanical appliances, and processed food, also benefit from reduced or zero tariffs. This opens new doors for Filipino manufacturers to export more competitively to Europe.
United Kingdom DCTS
Key Sectors Benefiting from UK DCTS in the Philippines
The UK DCTS provides significant benefits to various sectors of the Philippine economy. Some of the most impacted sectors include:
Key agricultural exports such as bananas, pineapples, coconut oil, and seafood benefit from **zero or reduced tariffs** under the DCTS. This enables Filipino agricultural products to be competitively priced in the UK market.
The Philippine textile and garment industry can leverage the UK DCTS to expand its footprint in the UK. Clothing items such as shirts, dresses, and woven garments enjoy tariff reductions, allowing Filipino manufacturers to compete more effectively against other global exporters.
Manufactured goods, including electronic components, appliances, and mechanical equipment, are also eligible for tariff reductions, helping the Philippines increase exports in these high-value sectors.
Canada GSP
Key Industries Benefiting from Canadian GSP
The Canadian GSP provides substantial benefits to several key industries in the Philippines, including:
Agricultural exports such as bananas, coconuts, and seafood are among the top beneficiaries of the GSP. Duty-free or reduced tariff access enables these products to be competitively priced in the Canadian market.
The Philippine textile industry stands to gain significantly from the GSP. Reduced tariffs on clothing and apparel products allow Filipino manufacturers to compete with other global exporters, especially in sectors like garments and fabrics.
Manufactured goods, including electronics and mechanical appliances, benefit from reduced tariffs under the Canadian GSP, which opens doors for increased exports in these high-value sectors.
USA GSP
Key Affected Sectors and Tariff Changes
Several industries in the Philippines will experience direct impacts due to the lack of GSP benefits in the U.S. market:
Products like tropical fruits, coconut oil, and fishery products will now face higher tariffs, which may reduce their competitiveness in the U.S. market. Exporters should explore premium markets or alternative destinations.
The Philippine textile and garment industry, which previously enjoyed duty-free status for many products, will now face standard tariffs. This could lead to reduced demand from U.S. buyers unless exporters can justify their higher prices through branding or product differentiation.
Electronics, machinery, and other manufactured goods will now be subject to MFN tariffs. Businesses in these sectors may need to adjust their pricing strategies to remain competitive.
