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Types of Industries

The document discusses different types of industries in the Philippines including agribusiness, manufacturing, retail and trade services, and international trade. It notes that agriculture comprised 19% of GDP in 2009 and provides employment for 34% of the labor force. Manufacturing has benefited from globalization as foreign firms have established factories in the country. Tourism is also a major contributor to foreign exchange, with the goal of increasing tourist arrivals by 5-7% annually. The top trading partners of the Philippines are identified as Japan, China, the US, and Hong Kong.
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0% found this document useful (0 votes)
47 views

Types of Industries

The document discusses different types of industries in the Philippines including agribusiness, manufacturing, retail and trade services, and international trade. It notes that agriculture comprised 19% of GDP in 2009 and provides employment for 34% of the labor force. Manufacturing has benefited from globalization as foreign firms have established factories in the country. Tourism is also a major contributor to foreign exchange, with the goal of increasing tourist arrivals by 5-7% annually. The top trading partners of the Philippines are identified as Japan, China, the US, and Hong Kong.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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TYPES OF INDUSTRIES

AGRIBUSINESS

The Agricultural sector comprised 19% of GDP in 2009 and


provide work for 34% of the labor force.
MANUFACTURING
 In economic development, a structural transformation is
needed for nation to increase its output.

 For the past 30 years, we have been gaining from


globalization where manufacturing firms abroad
penetrate the local scene by putting up their factories in
the Philippines.
RETAIL AND TRADE SERVICE

Tourism is the 4th biggest contributor of foreign exchange.


We expect to increase our tourist arrivals by 5%-7% each
year

-Cost Push Inflation


-Demand Pull inflation
INTERNATIONAL TRADE (EXPORTS AND
IMPORTS)

 Started with barter

 Comparative Advantage
WHO ARE THE TRADING PARTNERS OF
THE PHILIPPINES?

Countries top trading partners:


1. Japan (19.3%)- $1.031 billion

2. China (16.3%)- $867.94 million

3. USA (14.8%)- $787.94 million

4. Hong Kong (9.8%)- $520.46 million

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