EU Philippines FTA opens €514 mn apparel sourcing opportunity

EU-Philippines FTA talks reached substantial agreement on September 22, 2026, with over 94 per cent of tariff lines expected to be liberalised.
TexPro shows H1 2026 EU27 imports from the Philippines up 45.8 per cent in HS6110 sweaters, 16.7 per cent in HS6203 and 10.0 per cent in HS6204.
Rules of origin, capacity and compliance will decide if preferential access becomes durable EU business.