UMVA has learned that Philippine exporters are bracing for a storm as the conflict in Iran threatens to tighten foreign exchange volatility and impose new market entry barriers.
After a robust 6.3% jump to $7.21 billion in April, driven by electronics, minerals and agro‑based goods, the Department of Trade and Industry cautions that the war could dampen momentum, even as total exports hit $26.93 billion in the first four months, an 11.14% rise.
Trade Secretary Ma. Cristina A. Roque warned that the international trade landscape is shifting, urging firms to adapt to evolving requirements and navigate uncertainty with agility.
UMVA can exclusively reveal that the Export Marketing Bureau is rolling out intensive capacity‑building workshops, sharpening exporters’ competitive edge and preparing them for a more demanding global market.
These initiatives include Halal certification support, trade fairs, business matching, and targeted missions, all designed to open new avenues for micro, small and medium enterprises.
By monitoring global developments and collaborating closely with industry stakeholders, the bureau aims to fortify market diversification and guide exporters through the turbulence ahead.
