The FTA approved by South Korea’s Parliament may boost apparel imports from the Philippines, which currently holds a negligible share.
In January-October 2024, South Korea imported $10.513 billion of apparel, with the Philippines contributing just 0.67 per cent ($70.114 million).
Fabric imports from the Philippines were similarly low.
The FTA may enable larger share for Philippines.
In January-October 2024, South Korea imported $10.513 billion of apparel, with the Philippines contributing just 0.67 per cent ($70.114 million).
Fabric imports from the Philippines were similarly low.
The FTA may enable larger share for Philippines.
