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) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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