PHILIPPINES: Garment, Textile Exports Drop 18 Per Cent
In the first four months of this year Philippine garment and textile exports have dropped by 18 per cent to $805.987 million, according to a report from the Garment and Textile Exports Board (GTEB). Exports were down from $982.908 million in the same period last year, pulled down by a 23 per cent decline in the US market where imports fell from $749.246 million last year to $577.704 million in the January-April 2002.
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