What is the top agricultural export commodity of the Philippines?
In 2020, exports of edible fruits and nuts as well as peels of citrus fruit melons from the Philippines amounted to approximately 2.32 billion U.S. dollars, making it the leading agricultural export.
What is the top agricultural export commodity of the Philippines and why?
Of the total agricultural exports, the top Philippine agricultural exports include Coconut oil, Bananas, Pineapple and Pineapple products, Mango, Shrimps and Prawns, and Tuna. (Table 3) These agricultural exports comprised 71% of the total agricultural exports of the country.
What is the leading export of the Philippines?
Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca.
What are the top 5 commodity exports of the Philippines?
Top 5 Commodity Exports
- Gold – $2 billion.
- Bananas – $1.8 billion.
- Coconut Oil – $1.3 billion.
- Refined Copper – $1.1 billion.
- Copper Ore – $670 million.
What are the exports of the Philippines?
Trade In April 2021, the top exports of Philippines were Integrated Circuits ($1.34B), Commodities not elsewhere specified ($728M), Computers ($238M), Insulated Wire ($223M), and Refined Copper ($203M).
What is the current agriculture export status of the Philippines?
THE VALUE of agricultural trade dropped by 7.1% year on year to $18.78 billion in 2020 as both exports and imports declined, the Philippine Statistics Authority (PSA) reported on Friday. The PSA said agricultural exports declined by 7.1% to $6.20 billion in 2020.
What is the current agricultural export status of the Philippines 2020?
In 2020, the Philippines was the ninth-largest destination for U.S. agricultural exports, totaling $3.2 billion. This represents a 9-percent increase from 2019 and set a record for U.S. agricultural exports to the Philippines.