Export to Philippines from India

According to resources, Export to Philippines from India stood at a revenue of more than $1.2 Billion by the year 2020 and increasing with a good growth rate every year, as you can see in the below mentioned report.

Trade agreements like Regional Comprehensive Economic Partnership Negotiations(RCEP) has been signed between both the nations which is very beneficial for both of them.

Philippines is the 6th largest trading partner of India amongst all the Asian countries.

Indian Embassy

Vehicles, Pharmaceutical products and Machinery are the most exported products from India to Philippines.

E-commerce industry is also booming in Philippines with an estimated revenue of more than $4.5 Billion and increasing with a growth rate of 14% by the year 2021.

E-commerce revenue in Philippines

So, its a great opportunity for Indian sellers to grab the Philippines market through both the channels that is through offline or online selling platforms & marketplaces in Philippines.

Useful resource

How to export from India?

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