Frequent question: Does the Philippines export agricultural products?

Where does Philippines export agricultural products?

The country’s agricultural exports to Asean member countries in the first quarter of 2021 amounted to USD201. 51 million which accounted for almost 7.0 percent of the total exports to the region. Among the Asean member countries, Malaysia was the top buyer of agricultural exports worth USD61.

What is the agricultural export status of the Philippines?

The country’s total agricultural trade in the first quarter of 2021, which amounted to USD 4.92 billion, increased at an annual rate of 5.5 percent. In the fourth quarter of 2020, total agricultural trade recorded an annual decline of -89.5 percent, while in the first quarter of 2020, trade decreased by -89.3 percent.

What is the top agricultural export of the Philippines?

Banana remained as the leading agricultural export commodity in 2019. Its export volume of 4.40 million metric tons posted a 40.9 percent increment and the corresponding value at PhP 101.18 billion expanded by 39.0 percent. The 2019 share of banana to the total agricultural export earnings went up to 29.3 percent.

Does the Philippines export agricultural products?

In 2019, Philippines was the tenth largest destination for U.S. agricultural exports, which totaled $2.9 billion, a 2 percent decrease from 2018. … The largest export increases were seen in wheat and processed vegetables, up $58 million and $28 million, respectively.

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What is the current agricultural export status of the Philippines 2015?

Total External Trade for Agricultural Commodities reaches $16.482 billion in 2015. The Philippine agricultural external trade performance has slightly improved by 0.15 percent in 2015 to $16.482 billion from $16.457 billion in 2014. Total export receipts for all commodities went down by 5.3 percent in 2015.

What are the most exported products from the Philippines?

Searchable List of Philippines’ Most Valuable Export Products

Rank Philippines’ Export Product Change
1 Integrated circuits/microassemblies +6.5%
2 Computers, optical readers -28.8%
3 Computer parts, accessories +55.9%
4 Insulated wire/cable -17.3%

What are the top five export crops?

Top Exporters

Commodity Leading country % of Global Exports
Palm Oil Indonesia 51% ($10.4 billion)
Rice Thailand 34.5% ($6 billion)
Soybeans United States 50.5% ($16.5 billion)
Wheat United States 18% ($5.4 billion)