(GMA News) Bilateral trade between the United States and the Philippines was expected to hit record-breaking levels last year, according to US Ambassador to the Philippines MaryKay Carlson.
“While the final numbers aren’t in yet, total trade in 2022 will top $33 billion—a record,” the envoy said at a recent meeting with the Makati Business Club.
Bulk or over $21 billion of the total trade were the Philippines’ exports to the US.
This, Carlson said, “will make the United States—again—the Philippines’ top export market.”
Carlson described the trade between the two countries as “thriving.” She added that the US government agreed to support multiple trade missions in 2023… Read More