DTI vows continued support following record-high exports

The Department of Trade and Industry (DTI) has pledged to continue supporting businesses in capitalizing on trade opportunities following record-high exports in September. Trade Secretary Cristina Roque stated that the DTI remains dedicated to providing assistance to Filipino enterprises to maximize global opportunities. Roque highlighted that Philippine exporters have proven that the country's products can compete and succeed on a global scale, reflecting strong global demand, industry competitiveness, and the hard work of Filipino businesses, workers, farmers, and manufacturers.

The significant increase in exports underscores the potential for greater opportunities for Filipinos across the nation.

In September, Philippine exports reached $9.87 billion, marking the highest monthly value since the Philippine Statistics Authority began tracking performance in 1991. This figure represents a 35.6 percent increase from $7.28 billion in September of the previous year. Electronic products continued to lead as the country's top export, accounting for $6.92 billion or 70 percent of total merchandise exports.

Over the period from January to September, total merchandise exports increased by 17.2 percent to $73.95 billion, surpassing the $63.08 billion recorded for the same period in the previous year. This represents the highest January-to-September export value on record.

Roque emphasized that the DTI will continue to open doors for local enterprises by offering tailored support, aiding businesses in meeting international standards, and connecting them with foreign buyers. According to Roque, effective trade promotion must translate into sales, repeat orders, and long-term partnerships.