• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » PH exports to Denmark rose by 205% y-o-y in September

PH exports to Denmark rose by 205% y-o-y in September

Export deals between the Philippines and Denmark grew by 205% to $130.2 billion year-on-year in September amid the pandemic, according to preliminary data from the Philippine Statistics Authority (PSA) and the Department of Trade and Industry (DTI).

This current figure shows a triple-digit growth from $24.7 billion during the same period last year. 

The Department of Foreign Affairs (DFA) said that 49.9% of export between the two countries consists of the catamaran ferry built by the Austal Philippines. Meanwhile, the export of hearing aids indicated the highest growth this year at 727.6%.

Philippine Ambassador to Denmark Leo Herrera-Lim said that 2021’s export growth rate surpasses pre-pandemic levels “by more than 300%” and shows “stronger bilateral trade relations” between the Philippines and Denmark.

Herrera-Lim added that they are working on pursuing more investors and market opportunities  — specifically in shipbuilding and manufacturing — to boost the export industry of the country.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image