Trade relations and statistics
The Philippines is a member of the Association of South East Asian Nations (ASEAN), along with Indonesia, Malaysia, Singapore, Thailand, Brunei, Vietnam, Laos, Burma and Cambodia. ASEAN was established to accelerate the economic growth and promote peace and stability throughout the region.
The Philippines considers its relationship with its neighbours in the Asia-Pacific region critical to its national security and economic development. The cultivation of good relations between the Philippines and its neighbours in the South East Asia region, particularly its co-members in ASEAN is crucial to the advancement of its own national interest and that of the region, especially in terms of regional stability and prosperity.
The Philippines maintains a good trading relationship with Australia being a net exporter of goods.
Please see the Department of Foreign Affairs and Trade country economic fact sheet for key trade statistics.
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