The Philippines is seen importing more rice in the coming months amid expectations of improving economic conditions despite the prolonged pandemic. 34306 In the updated forecast of US Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) here in Manila (Post), the Philippines rice...
The Philippines’ rice inventory fell in August after stocks in households, commercial, and the National Food Authority (NFA) warehouses all recorded decline in supply. Latest data from the Philippine Statistics Authority (PSA) showed that as of August, the country's rice stocks inventory was...
The country’s trade deficit widened in July amid the gradual reopening of the local economy. Philippine Export and Import Statistics July 2021 The Philippine Statistics Authority (PSA) reported Thursday, Sept. 9, that the gap in the trade balance, or the difference between the value of export and...
The country’s trade deficit narrowed in June to its lowest level in three-months, data from the Philippine Statistics Authority (PSA) showed. Port Area Based on the PSA report released on Friday, August 6, the gap in the trade balance, or the difference between the value of export and import,...
Senator Francis Pangilinan on Sunday, July 18 expressed dismay that pork prices remain high despite the lower tariff on imports, saying the government should restore to its original 20 to 30 percent levels to help hog raisers recover from the African swine fever. “It’s been three months since...
Pork prices at select markets in Metro Manila have remained high despite the surge in imports recorded during the first half of 2020, prompting one of the country’s largest agriculture lobby groups to call out the Department of Agriculture (DA) anew for its pro-importation stance. The group,...
The country’s trade deficit doubled in May this year as imports expansion outweighed exports growth during the month, data from the Philippine Statistics Authority (PSA) showed. Preliminary report by the PSA revealed on Friday, July 9, that the gap in the trade balance, or the difference between...
Philippines’ pork imports for this year are still seen to go higher at 425,000 metric tons (MT), even despite the already 401 percent surge in pork imports the country recorded from January to April of this year. This is following the release of the Department of Agriculture’s (DA) guidelines...
The Philippines agricultural trade went up during the first quarter of the year, but this was mainly due to the higher amount of imported products that entered the country during the period. Latest data from the Philippine Statistics Authority (PSA) showed that the country’s total agricultural...
The Philippines is hoping to see the entry of as much as 140,000 metric tons (MT) of imported pork under the minimum access volume (MAV) as part of efforts to bring down meat prices in the country. This developed following the recent approval by the inter-agency MAV Management Committee (MMC) of...
Seventy percent or some 140,000 metric tons (MT) of the expanded minimum access volume (MAV) allocation of pork imports under the Executive Order (EO) 133 will be imported between July and October this year, the MAV management committee said. (Keith Bacongco / File photo / MANILA BULLETIN) In a...
The country’s international trade doubled in April after both imports and exports jumped at their fastest pace in more than a decade, the Philippine Statistics Authority (PSA) reported. Preliminary data from the PSA showed on Wednesday, June 8, that the country’s total external trade in goods...
