Based on the forecast data for ores and metals exports in the Philippines from 2024 to 2028, the value remains constant at 6.93% of goods exports each year. In comparison to the previous years, there is no year-on-year variation or growth anticipated. The stability in these values suggests that there will be no significant changes in the percentage share of ores and metals exports in the overall goods exports over the forecasted period. Since we are in 2024, it is crucial to note if any shifts occurred in 2023 to contextualize the current and future performance.

Future Trends to Watch:

Global commodity price fluctuations that might impact export revenues despite the stable percentage share.
Policy changes in the Philippines regarding mining and export regulations.
Technological advancements in mining and metal processing that could influence production efficiency and, thus, export capacity.
Environmental regulations and their enforcement, potentially impacting production and export activities.