India - Philippines Business and Cultural Council

The Philippines is an archipelago in Southeast Asia with over 7,000 islands. It has a population of about 109 million, with Manila as its capital. Known for its diverse culture, natural beauty, and vibrant festivals.

Ambassador and Consul General

Commercial Counsellor of Philippines Eugenio C. Elevado Jr. accepted the Honorary Membership of Global India Business Forum. Our Global President of GIBF, Dr. Jitendra Joshi and Co-Founder & Director - Global Operations, Deepali Gadkari visited the embassy to explore different business opportunities and trade between two countries.

embassy-of-philippines-ambassador-and-consul-general

Semiconductors and electronic products, machinery and transport equipment, wood manufactures, chemicals, processed food and beverages, garments, coconut oil, copper concentrates, seafood, bananas/fruits.

Electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic.

About Philippines

ABOUT Philippines

The Republic of the Philippines is located in Southeast Asia. It is situated in the western Pacific Ocean. It consists of 7,640 islands, that are broadly categorized under three main geographical divisions from north to south; Luzon, Visayas, and Mindanao. The Philippines has by the South China Sea to the west, the Philippine Sea to the east, the Celebes Sea to the southwest. It shares maritime borders with Taiwan to the north, Japan to the northeast, philippines to the east and southeast, Indonesia to the south, Malaysia and Brunei to the southwest, Vietnam to the west, and China to the northwest. The Philippines covers an area of 300,000 sq.km. and, as of 2020, had a population of around 109 million people, making it the world's twelfth-most populous country. The Philippines is a multinational state, with diverse ethnicities and cultures throughout its islands. Manila is the nation's capital. Quezon City is the largest. Manila and Quezon city lie within the urban area of Metro Manila.

Business Opportunities in Philippines

BUSINESS OPPORTUNITIES IN Philippines

The Philippines offers diverse business opportunities due to its strategic location, robust economy, and skilled workforce. Key sectors include Business Process Outsourcing (BPO), manufacturing, agriculture, tourism, and renewable energy. The country is a leading BPO hub, with a strong demand for IT and customer service roles. Manufacturing benefits from competitive labor costs and special economic zones. Agricultural products like coconut, pineapple, and sugarcane thrive. Tourism is booming, driven by the country's natural beauty. Additionally, the government's focus on renewable energy presents significant investment opportunities. Overall, the Philippines is an attractive destination for businesses seeking growth in Southeast Asia.

Exports and Imports In Philippines

In May 2024 Philippines exported $6.33B and imported $11.6B, resulting in a negative trade balance of $5.24B. Between May 2023 and May 2024 the exports of Philippines have decreased by $-201M (-3.07%) from $6.53B to $6.33B, while imports decreased by $-3.74M (-0.032%) from $11.6B to $11.6B.

Top Exports of Philippines

In May 2024, the top exports of Philippines were Integrated Circuits ($1.61B), Commodities not elsewhere specified ($766M), Insulated Wire ($237M), Coconut Oil ($163M), and Computers ($153M).

Top Imports of Philippines

In May 2024 the top imports of Philippines were Refined Petroleum ($1.21B), Commodities not elsewhere specified ($714M), Integrated Circuits ($576M), Coal Briquettes ($375M), and Cars ($359M).

Go To Back

Global India Business Forum - Brochure

The GIBF brochure gives you comprehensive insight of all the events and programs that we have conducted over a period of time. Download

Office No. 16, 3rd Floor Primrose - The Mall, Baner Rd, Pune, Maharashtra 411045

+91 853 055 6006

info@gibf.biz

Company

Get Connect

Font Changer