The large number of small and medium enterprises (SMEs) greatly contributes to the economic growth and industrial progress of developing countries. They are valuable to the manufacturing industry of the Philippines. Global expansion and growing economic integration allows SMEs to be potential product exporters. Through using locally available materials, SMEs have the opportunity to manufacture food and non-food products in small and medium scale.

(Sources: Philippine Institute for Development Studies, Department of Trade and Industry,
Philippine Statistics Authority, Online Developing Country Sourcing, and related websites)