Philippines to expand exports of bananas, pineapples

Published Jan 25, 2022

Tridge summary

The Philippine Department of Agriculture is planning to boost the production of bananas, pineapples, and other crops with export potential to increase farmers' income and sustain the country's position as a major exporter of these fruits. The department will implement the High Value Crop Development Program and encourage farmers to specialize in stable and flexible production. It will also collaborate with private enterprises and farmer groups to promote the export of crops like mangoes, cocoa, coffee, and okra. The Philippines has secured exemptions from mandatory inspections for 82 companies exporting to Japan, and has successfully exported fresh okra to Korea.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Philippine Department of Agriculture (DA) plans to sustainably increase production of two major fruits, bananas and pineapples, as well as other traditional and emerging crops that have export potential and increase farmers’ income, according to The Manila Times. Bananas and pineapples are the main agricultural exports of the Philippines, second only to coconut oil and other coconut products. The Philippine Statistics Authority (PSA) data shows that Philippine banana exports reached US$1.95 billion in 2019, US$1.64 billion in 2020, and US$1.64 billion in 2021. $920 million in January-October. Exports of pineapple products (cans, juices, concentrates) exceeded $300 million in the first 10 months of last year. The Secretary of Agriculture of the Philippines said, "We have comparative advantages in exporting bananas and pineapples, so the Department of Agriculture invests in the development of high-value crops through the High Value Crop Development Program (HVCDP). This year, ...

Source: Guojiguoshu