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WHAT ARE THE MAJOR TRADE PRODUCTS IN THE PHILIPPINES

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IMPORT-EXPORT TRADE STATISTICS OF THE PHILIPPINES The Philippines is one of those countries that are growing continuously and rapidly to become one of the most developed nations in the world. The country is an emerging market and a country that became industrialized just a few years back. As we know, at first, the economy of the nation was mostly dependent on agriculture and as time passed, the economy of the country slowly and steadily shifted towards service and manufacturing industries. This shows that the development happening in the nation is commendable and the citizens are also adapting to every change that is happening for their betterment. The Philippines is also one of the founding members of the UN. Apart from this, the nation is also one of the active and founding members of the ASEAN group of countries and an honorable member of the East Asia Summit. Moving further, we would like to add that the Philippines maintains very strong and cordial relations with the Unite
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PLASTIC BECOMES ONE OF THE MOST MAJORLY TRADED PRODUCTS IN THE PHILIPPINES

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PLASTIC AND PLASTIC PRODUCTS MARKET OF THE PHILIPPINES In the last few years, the market size of plastic and plastic items has grown unconventionally. This market is rapidly growing and has started contributing a good percentage of Global Trade Data too. Manufacturers of plastic items are producing plastic for some of the most primary purposes like packaging, furniture, electronics, shipment, etc. Although various markets and industries were shut down during the pandemic era, on the other hand, the plastic market size was continuously growing as the use of plastic increased in packaging and shipment purposes as people started shifting online to fulfill their daily needs.   Coming towards the plastic market of the Philippines, then in this country, plastic market is segmented into various major lines – type, technology, and application. Various types of plastics available in the Philippian market are traditional plastics, bioplastics, and engineering plastic. Similarly, based on
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BILATERAL TRADE RELATIONS BETWEEN THE PHILIPPINES AND CHINA – JUICY INSIGHTS

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HOW ARE THE BILATERAL TRADE RELATIONS BETWEEN BOTH COUNTRIES? By mutually signing an official agreement, the Philippines and China established their first-ever bilateral trade relations on June 9th, 1975. Since that time and up until the present, the commercial relations between the two countries have experienced many ups and downs in both linear and multi-dimensional ways. The frequent visits of the presidents of one country to the other help to foster a sense of mutual trust and confidence between the nations.   Both nations recently commemorated their 30 years of bilateral economic relations with the utmost satisfaction and joy on June 9, 2005. Throughout these 30 years, other bilateral agreements have also been made, including the Joint Trade Agreement in 1975, the Postal Agreement in 1978, and the Tax Agreement in 1989. Recently, on 9 th June 2005, both countries celebrated their 30 years of bilateral trade relations with utmost pleasure and joy. In these 30 years, variou
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