In 2023, the Philippines exported rubber and plastic products to Mexico with a value of 2.882 million USD. The forecasted data indicates a consistent increase in exports from 2024 to 2028, with values rising from 2.9211 million USD in 2024 to 3.0697 million USD in 2028. Year-on-year variations show incremental growth, with 1.3% in 2025, 1.27% in 2026, 1.23% in 2027, and 1.19% in 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 1.23%.

Future trends to watch for:

Potential trade agreements that could further boost export values.
Advancements in manufacturing technologies that might increase production efficiency and lower costs.
Global economic conditions and currency exchange rates, which could affect trade dynamics.