David William

Because the Philippines is an agricultural country, then lof of its export items are related or originated from agriculture.

Products related to coconut (coconut oil, coconut cake)
Sugar and related products
Fruits, vegetables (pineapple, banana, mango)
Agricultural products (fish, shrimp, raw coffee, seaweed, natural rubber,
raw tobacco
Products related to wood
Metal products (copper, iron, gold, nickel)
Manufacturing industry (electronics, fabrics, and textiles, footwear, suitcases, bags, furniture,
furniture, medicine, processed food, children’s toys, machine parts, or isometric convenient traffic)
 Main trading partners of the Philippines: Hong Kong, USA, Japan, China, Singapore, Indonesia, Malaysia, Korea, Taiwan, Thailand.

GNP and GDP are very closely related concepts, and the main differences between them comes from the fact that there may be companies owned by foreign residents that produce goods in the country, and companies owned by domestic residents that produce goods for the rest of the world and revert earned income to domestic residents. For example, there are a number of foreign companies that produce goods and services in the United States and transfer any income earned to their foreign residents. Likewise, many U.S. corporations produce goods and services outside of the U.S. borders and earn profits for U.S. residents. If income earned by domestic corporations outside of the United States exceeds income earned within the United States by corporations owned by foreign residents, the U.S. GNP is higher than its GDP.

Calculating both GNP and GDP can produce different results in terms of total output. For example, in 2019 U.S. GDP was $21.75 trillion, while its GNP was $22.03 trillion. While GDP is the most widely followed measure of a country's economic activity, GNP is still worth looking at because large differences between GNP and GDP may indicate that a country is becoming more engaged in international trade, production or financial operations. The larger the difference between a country's GNP and GDP, the greater the degree of incomes and investment activity in that country involve transnational activities such as foreign direct investment one way or another.

Yes, if a product is stored in a storage facility this facility should be included in either the manufacturers' (Manufacturing License) or the wholesaler’s license. In the EU, you cannot store products in an unlicensed facility (except at the distribution hub for short durations, e.g. 24 hrs)

Use of the rules is not limited to cross-border trading.

The Incoterms rules are also applicable to transactions where the buyer and seller are in the same country, or both within a customs union such as the European Union.

All the provisions of the rules are written with this in mind, e.g. if there are issues with import duty or taxes, they need only be considered where appropriate.

If the EU has a trade agreement with the country you want to import from, tariffs on your product may be reduced or even eliminated.

These are called preferential tariff rates. The preferential tariff rate is conditional on your product being in line with rules of origin
Quotas may apply, either based on the trade agreement or based on the EU policy for agricultural products a specific type of products