With a high level of proficiency in English, the Philippines’ economy is also rapidly advancing in global services and trade.
Despite being the second-most populous country in Southeast Asia after Indonesia, its lower dependence on internal relations and stable domestic consumption has made the Philippines relatively resilient to global economic shocks.
The country’s primary exports include semiconductors, electronic products, transport equipment, garments, copper products. Its main export partners are Japan, USA, Hong Kong and China.
