In a statement over the weekend, the Department of Trade and Industry (DTI) said the country is “set to apply” for the EU’s Generalized System of Preferences Plus (GSP+).
Last year, the EU announced that certain exports from the Philippines, Pakistan and Ukraine may enter duty-free under the GSP+ starting next year, provided that they meet two conditions: first, the products comprise less than two percent of Europe’s GSP imports; and second, the said countries must have ratified and are abiding by 27 international conventions covering the environment, governance, human and labor rights, and sustainable development.
The Philippines is eyeing to qualify for the GSP+ in the next 10-year cycle from 2014 to 2023, as the existing EU GSP cycle ends in December.
The country is a beneficiary of the EU GSP, under which 2,442 products enter Europe duty-free while 3,767 are slapped lower tariffs.
Philippine exports enjoying zero or lower duties under the EU GSP include canned tuna, canned pineapples, crude coconut oil, dried/prepared pasta, edible parts of plants, activated carbon, imitation and other articles of jewelry, garments, semiconductors, tennis balls, and mattress support for bed frames.
Last year, Euro 1.076-billion or roughly P62.8-billion worth of Philippine shipments were granted preferential treatment under the EU GSP, with chemicals, live animals and animal products, vegetables, wood and articles of wood, and jewelry among the top beneficiaries.
If the country qualifies for GSP+, 6,274 products would be slapped zero tariff, allowing Philippine exports to the EU to grow by 12 percent alongside the creation of 270,000 new jobs, the DTI said.
Trade Undersecretary Adrian S. Cristobal Jr. said the DTI is already briefing exporters on the requirements and processes for the EU GSP+.
Cristobal said the garments and tuna sectors would most benefit from the trade scheme, so the DTI has already committed to assist these industries on non-tariff measures and rules of origin concerns under the EU GSP+.
The GSP+ would generate an additional 40,000 jobs in the garments sector within the first eight months, while the volume of canned tuna exports to the EU would rise 64 percent alongside jacking up the workforce by 70 percent, the DTI said.
Cristobal said the benefits of the EU GSP+ to the garments and tuna industries would redound to the whole manufacturing sector.
“The sustainability of the tuna and garments sectors will contribute significantly to the revival of the country’s manufacturing industry since these sectors account for more than 50 percent of the country’s industry labor force,” he said.
(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
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