Philippine Foreign Trade with Germany菲律宾对外贸易.pptVIP

Philippines - Germany Bilateral Trade Relations 1950 – 2006 Philippines - Germany Trade Relations RP Exports to Germany 1950 - 2006 Philippines - Germany Trade Relations RP Imports from Germany 1950 – 2006 Philippines - Germany Trade Relations % Change of RP Exports to Germany 1950 – 2006 Philippines - Germany Trade Relations Balance of Trade1950-2006 Philippines - Germany Trade Relations % Change of RP Imports from Germany 1950 – 2006 Philippines - Germany Trade Relations  Bilateral Merchandise Trade 1950 – 2006 Philippine Merchandise Trade with Germany 2002-2006 Philippine Merchandise Trade with Germany 2002-2006 Philippines – Germany Bilateral Trade 1950 - 2006 RP Exports reached over €110 million in 1957 and continued to grow by leaps and bounds especially in the 1970s and 1980s when the Philippine Export Incentives Act took effect. An overwhelming majority of RP exports were primarily resource based products like logs and lumber, centrifugal sugar, copper concentrate, copra, crude coconut oil and abaca fibers. Very little manufacturing was being done as exports were concentrated on natural resources that were fast becoming depleted. Bilateral trade relations with Germany officially began in April 1955 when the Philippines signed a trade protocol with then Federal Republic of Germany. The following year, Germany opened a Legation in Manila, which was subsequently upgraded to Embassy status in 1958. While Germany was consistently the Philippines‘ top 4 export market and top 3 import source throughout the 1960s and 1970s, beginning the 1980s, Germany‘s ranking started to slip as other countries become more important trading partners. These were mostly Asian and Middle East countries: Saudi Arabia, Hongkong, Singapore, Malaysia and Taiwan. In the 90s, electronics products continue to be the Philippines major export to Germany, accounting for 70.56% of total exports to Germany in 2005. Given the continued negative performance of the electronic