SMALL AND MEDIUM-SIZED EXPORTERS earned a total of $281 million in 2006, or one percent higher than the $278.2 million posted the previous year, according to Trade Secretary Peter B. Favila.
Favila said earnings were made through 32 trade fairs and missions with the Department of Trade and Industrys Center for International Trade Expositions and Missions.
Favila said the export promotion effort helped 1,876 small and medium enterprises in strengthening their presence in priority markets like the United States, Europe, Japan and the Middle East, as well as in opening up new markets for them.
The governments targeted marketing approach for 2006, as well as niche marketing of Philippine value-added products have helped strengthen our core competencies in exports, Favila said.
In last years campaign, Citem showcased seven sectors including furniture, houseware and holiday decor industry, which accounted for $134 million of the total; food, with $88 million; information technology and IT-enabled services, with $32 million; and organic and natural products, with $19 million.
One of Citems flagship programs, e-Services Philippines, generated $20.74 million in sales, attracting 1,678 local and foreign visitors.
Also, the Manila FAME International fair for furnishings, houseware, holiday decor and fashion accessories, generated $108.62 million.
The International Food Exhibition Philippines, or Ifex, posted $80 million in sales, with best-selling fresh and frozen fish, sardines, frozen fruits and vegetables, octopus, meat preparations like ham and sausage, processed fruits like banana chips and dried fruit cocktail, coffee and cocoa, cookies and crackers, and cereal preparations such as cake and polvoron.
The National Trade Fair for subcontractors organized with the help of Product Development and Design Center of the Philippines, and SME Development Group raked in P86 million from products made by 194 SMEs based in the provinces.
"We hope to build on our gains in export promotions last year and continue with more high level missions, and target high-value opportunities and new markets, especially in growth industries like IT and IT-enabled services to further boost our exports," Favila said.
Source:
Philippine Daily Inquirer, Jan. 24, 2007 (Wednesday)
by Ronnel W. Domingo
Favila said earnings were made through 32 trade fairs and missions with the Department of Trade and Industrys Center for International Trade Expositions and Missions.
Favila said the export promotion effort helped 1,876 small and medium enterprises in strengthening their presence in priority markets like the United States, Europe, Japan and the Middle East, as well as in opening up new markets for them.
The governments targeted marketing approach for 2006, as well as niche marketing of Philippine value-added products have helped strengthen our core competencies in exports, Favila said.
In last years campaign, Citem showcased seven sectors including furniture, houseware and holiday decor industry, which accounted for $134 million of the total; food, with $88 million; information technology and IT-enabled services, with $32 million; and organic and natural products, with $19 million.
One of Citems flagship programs, e-Services Philippines, generated $20.74 million in sales, attracting 1,678 local and foreign visitors.
Also, the Manila FAME International fair for furnishings, houseware, holiday decor and fashion accessories, generated $108.62 million.
The International Food Exhibition Philippines, or Ifex, posted $80 million in sales, with best-selling fresh and frozen fish, sardines, frozen fruits and vegetables, octopus, meat preparations like ham and sausage, processed fruits like banana chips and dried fruit cocktail, coffee and cocoa, cookies and crackers, and cereal preparations such as cake and polvoron.
The National Trade Fair for subcontractors organized with the help of Product Development and Design Center of the Philippines, and SME Development Group raked in P86 million from products made by 194 SMEs based in the provinces.
"We hope to build on our gains in export promotions last year and continue with more high level missions, and target high-value opportunities and new markets, especially in growth industries like IT and IT-enabled services to further boost our exports," Favila said.
Source:
Philippine Daily Inquirer, Jan. 24, 2007 (Wednesday)
by Ronnel W. Domingo
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