Philippines Agri Export Opportunities


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Different agri export opportunities await for 2019. Various crops which are locally grown are deemed to have a high demand on other countries.

Cavendish banana and coconut remained to be the top export crop of the Philippines in 2018 with $219.69 million and $42.53 million, respectively.  These were recorded during the second quarter of 2018. Thus, Japan, China, United States, South Korea, and Hong Kong were the top export markets in the same period.

More opportunities are made available to local farmers and growers according to the report from Sunstar. Report stated that officials identified uptrend for agri export opportunities.

New In Demand Agri Crops for Export

Singaporean importers of fruits and vegetables are looking for avocado suppliers. This was the statement from Davao City Chamber of Commerce and Industry Inc. (DCCCII) president Arturo Milan, after their investment promotion in Singapore in 2018Accordingly, Australia supplies avocados for Singapore.

“They were telling Davao has a lot of avocado, so they are trying to explore importing from Davao,” Milan said

Apart from Avocados, Saba banana is being eyed to be exported as well. Moreover, Saba banana is in demand to process as banana chips which has a high demand in United States.

“This is primarily because saba banana can easily grow even without thorough care and attention,” Mr. Stephen Antig, executive director of Pilipino Banana Growers and Exporters Association (PBGEA).

Also, in the previous report of Department of Agriculture Secretary, Manny Piñol,  DA is working on to penetrate Russian market with coconut, banana, shrimps and other agri commodities ( See report here PH will Export to Russian Market).

To date, there are already three fisheries companies which export their product in Russian market. However, the Philippine government extends its efforts to venture the unexplored markets in Russia.

Increasing Sustainability for Top Export Crops

Significantly, people are concern if Philippines can sustain supply amid of increasing demand. Further,   National Economic and Development Authority (Neda) Davao Regional Director Maria Lourdes Lim said that road maps are being identified to increase the performance of various value chain industry of Cacao,Coconut, and Mango. Also, different banana plantation crops in Davao are already expanding.

Importantly is deemed to account  that there is a need to improve the productivity of the agricultural sector to meet its target, according  to  Davao Regional Development Plan.

The report specifically mentioned that “for agricultural players to tap into these new export opportunities, there is a need for the government to provide the needed support. Importantly, there is a need for the government to intentionally upgrade the whole of agriculture sector from its farmers to the processes used”.

Source:

Agri export opportunities


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An aspiring Agribusiness economist. I scribble more about agriculture, politics and economics.

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