Department of Agriculture (DA) Secretary Francisco Tiu Laurel said he is open to shifting the importation of key agricultural goods to the United States (US) from other countries, as part of the government’s strategy to reduce the reciprocal tariffs imposed on Philippine goods. A delegation of...
Senators on Monday, April 22 urged President Ferdinand “Bongbong” Marcos Jr. to ramp up local production even after releasing Administrative Order No. 20 easing the rules on the importation of agricultural products. Sen. Francis “Chiz” Escudero said that while he supports the latest...
The Philippine Statistics Authority (PSA) reported that agricultural trade in the country decreased last year due to a drop in both imports and exports. Data from the PSA showed that the total agricultural trade amounted to $24.35 billion from January to December 2023, a nine percent decline...
The country’s value of agricultural exports and imports declined by 0.9 percent to $6.27 billion as it saw a lower trade deficit during the fourth quarter of 2023, data from the Philippine Statistics Authority (PSA) showed. This was lower than the $6.327 billion or 5.1 percent annual increase in...
Filipino farmers are calling for the reintroduction of a pre-shipment and discharge port inspection system to stop large-scale agricultural smuggling, curb price manipulation, and ensure the safety of food imports. The Federation of Free Farmers (FFF) issued this statement as smuggling of...
The country’s total agricultural trade reached $5.93 billion during the third quarter of this year, increasing at an annual rate of 14.8 percent amid the continuously increasing imports. Data from the Philippine Statistics Authority (PSA) showed that during the third quarter of 2021, agricultural...
