Dallas, TX -- (SBWIRE) -- 02/18/2014 -- The textile and clothing industry in the Philippines ranks as the country's fifth largest manufacturing sector in terms of output value and exports. The industry's importance has been weakening recently as employment and exports have fallen while imports have risen. In order to arrest the decline, the government has attempted to attract foreign investment. However, these attempts have had only limited success. Also, a number of critical weaknesses need to be addressed and the industry needs to diversify its export markets and reduce its heavy reliance on the US market. On the positive side, there is potential for increasing production of natural fibres such as abaca, and it is possible that exports to the USA will recover under the terms of the so-called Save Our Industries Act (SAVE Act) -- assuming that the act is implemented. This report looks at the development of the textile and clothing industry in the Philippines, its size and structure, production and consumption.
Complete report available at http://www.marketreportsonline.com/314305.html.
The report also features: a geographical, political and economic profile; a detailed look at the country's imports and exports; a review of government policies, investment incentives and foreign investments; an analysis of strengths, weaknesses, opportunities and threats (SWOT); and a look at the country's infrastructure and human resources and how these affect the textile and clothing industry.
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Major points from Table of Contents (http://www.marketreportsonline.com/314305-toc.html) are listed below:
Table 1: Philippines: political and economic profile, 2013
Table 2: Philippines: economic indicators 2010-12
Table 3: Philippines: employment in the textile and clothing industry, 2004-11
Table 4: Philippines: average monthly wage rates in the textile and clothing industry, August 2010
Table 5: Philippines: number of textile and clothing establishments by sector, 2012
Table 6: Philippines: index of production by value, 2002-12
Table 7: Philippines: textile and clothing exports, 2007-12
Table 8: Philippines: textile and clothing exports by leading destination, 2007-12
Table 9: Philippines: textile exports by leading destination, 2007-12
Table 10: Philippines: clothing exports by leading destination, 2007-12
Table 11: Philippines: textile and clothing imports by product category, 2007-12
Table 12: Philippines: textile and clothing imports by leading supplier, 2012Table 13: Philippines: textile imports by leading supplier, 2012
Table 14: Philippines: clothing imports by leading supplier, 2012
Table 15: Philippines: foreign direct investment (FDI) in the textile and clothing industry, 2008-12
Related Reports on Retail Market:
Profiles of major textile and clothing manufacturers and retailers in South Africa @ http://www.marketreportsonline.com/314306.html.
World textile and apparel trade and production trends: the USA, Argentina, Brazil, Colombia and Mexico, February 2014 edition @ http://www.marketreportsonline.com/314307.html.
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