DTI says PH exports and goods services should grow 40% to catch up to P140B export revenues

Transcript

00:00 An official of the Department of Trade and Industry, or DTI, believes the country's

00:05 exports and goods services should grow by 40 percent to catch up with government's

00:09 over 140 billion peso export revenues target.

00:13 DTI Export Marketing Bureau Director Bianca Schimte said, however, the country's export

00:19 performance in 2023 is likely to fall short of the said target.

00:25 Government data showed from January to November, merchandise exports last year dropped by 8.4

00:31 percent to $67.3 billion from $73.18 billion for the same period in 2022.