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| Some Numbers on the Philippines' Exports to China under the Duterte Administration |
When President Rodrigo Duterte first stepped into Office back in 2016, the Philippines’ Exports to China only amounted to Usd 6.4 billion, which comprised of only around 13% of the Philippines’ Total Exports.
By 2021 our Exports to China had almost doubled to Usd 11.6 billion, with its Total Exports Share increasing to around 25%.
So that is an increase of Usd 5.2 billion in Exports and 12% increase in its Total Exports Share. And that is not including Hong Kong, which is a part of China.
Also there is the issue of the Corona Virus Disease 2019 (Covid-19) Pandemic which slowed down a lot the Economies of both Countries. If it had not been for that, the Figures would’ve likely been higher.
SOURCE: Chinese Embassy Manila Facebook Page Post, 04/08/22 - 1600H {Archived Link}
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