TRADE RELATIONS BETWEEN PHILIPPINES AND USA
Trade relations play a crucial role in shaping the economic landscape of nations. Among these global partnerships, the one between the Philippines and the United States of America stands out as a dynamic and multifaceted relationship, hence giving mileage to the PhilippinesExport Data report. This blog aims to explore the trade ties that bind these two countries and delve into their historical, cultural, and economic dimensions. THE PHILLIPINES AND THE US TRADE RELATIONS (2018-2022) YEAR PHILIPPINES > UK UK > PHILIPPINES 2018 USD 519.60 million USD 720.02 million 2019 USD 492.45 million USD 836.59 million 2020 USD 404.85 million USD 563.52 million 2021 USD 474.02 million USD 632.65 million 2022 USD 544.94 million USD 829.62 million HISTORICAL BACKGROUND The trade r