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Garment, textile growth seen at 2-5% in 2026 amid US tariff concession hopes
Business World Philippines
|December 15, 2025
EXPORTS of garments, textiles, and apparel are expected to grow between 2% and 5% next year as the government negotiates a lower tariff with the US and as the industry explores new markets.
Foreign Buyers Association of the Philippines President Robert M. Young said exports this year were “surprisingly good” because of advance deliveries that were meant to cushion the impact of the US reciprocal tariff.
“Revenue is expected to hit $1 billion from around $800 million in 2024,” he said in a statement over the weekend.
He expects growth to continue next year as the government continues to negotiate a lower reciprocal tariff and exemptions.
This story is from the December 15, 2025 edition of Business World Philippines.
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