Exporters are seeking temporary relief mechanisms to offset high cost of fuel and logistics and the waiver of government shares in port and toll as part of government targeted support for the export sector.
In a statement, the Philippine Exporters Confederation (PhilExport) said as they expressed support to President Marcos Jr.’s declaration for a state of national energy emergency amid fuel crisis brought about by the U.S.-Israel war in Iran.
In addition, PhilExport also urged government for a swift implementation of fuel subsidy programs for critical industries.
They further recommended that government accelerate trade facilitation and digitalization efforts to reduce non-energy costs, and to closely coordinate with logistics providers to prevent excessive or speculative rate increases.
“We recognize that the government’s proactive stance aims to ensure energy security, stabilize fuel prices, and safeguard the economy from further external shocks. Recent measures—including intensified energy conservation protocols, contingency planning, and proposed emergency powers to manage fuel costs—underscore the urgency of addressing volatility in global oil markets,” PhilExport said.
However, the implications are immediate and significant to exporters as rising fuel prices directly translate to higher logistics, shipping, and production costs, potentially eroding the competitiveness of Philippine exports in an already challenging global market.
Disruptions in global supply chains and freight routes further compound these pressures, particularly for time-sensitive and energy-intensive export sectors.
At the same time, the group encouraged exporters to continue or expand energy-efficient practices, optimize supply chains, and explore alternative markets and transport strategies to mitigate risks.
