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Showing posts with the label philippines customs data

Philippines has now become the world's leading rice importer

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  The latest Philippines import export data reports shows that the Philippines has emerged as the top rice importer in the world surpassing China. For the financial year 2023, the Philippines has imported over 3.9 million metric tons of rice. Whereas, China which was the top rice importer has made over 3.5 metric tonnes of rice. India was by far the top rice supplier to the Philippines.  Philippines import data shows that India has exported over $518 million worth of rice to the Philippines despite the restrictions imposed. During February 2023, the maximum amount of rice imports from India were done. It is estimated to be around $483 million. Syngenta India was the leading rice supplier to the Philippines during FY 2023. Whereas Bayer Bioscience, Seedworks International and Amar Singh Chawalwala are prominent rice suppliers to the Philippines. After India, Vietnam and Thailand were the biggest markets for rice exports to the Philippines. According to the Philippines customs...

Philippines To Import 22,000 Tons of Onion Amid Domestic Crisis

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Philippines customs data suggests that earlier in 2021, onion imports were estimated to be 42 million USD. While it dropped down to 70% in 2022 with total import volume 268,269 tons. The Philippines imports onions worth 29 million USD. Whereas, Philippines exports were merely 166K. But currently due to adverse climatic conditions, the Philippines is facing onion shortage. Singapore and Malaysia were the leading destinations for onion imports to the Philippines. The Philippines government is in a rush to import 22,000 tons of onions to meet its rising domestic demand. Currently, the prices of onions soared to 700 pesos per kilogram in the Philippines domestic market. Philippines Agriculture Imports According to the Philippines import data records, the total agricultural imports will be worth 12 Billion US Dollars in 2022. Agricultural imports to the Philippines rose to 22% as compared to last year. The major agri imports by the Philippines were Cereals, Edible Meat, Animal, Vegetable ...

Rise In Philippines Rice Imports Amid Vietnam Rice Cuts

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  Recently, Vietnam has curbed rice exports to the Philippines. This will result in high volumes of rice imports by the Philippines as Vietnam was the major exporter of rice to the Philippines in 2022. This is mainly due to bad rice harvests in Vietnam amid drought and adverse climatic conditions. As per the Philippines customs data , total rice imports in 2022 were around 3.5 million metric tons as compared to 2.4 million metric tons in 2021. The majority of the country’s imports were from Vietnam followed by Thailand and China. Vietnam contributes to 90% of total Philippines rice imports. Vietnam Rice cuts will result in Philippines rice imports from Thailand. Thailand is the second largest exporter in the world. As per experts, Thailand could export up to 7 million metric tons of rice in 2023. The Philippines could seize this opportunity to meet its domestic market requirements. Philippines Rice Imports 2021-22 As per the Philippines import data , Philippines rice imports were a...

What is the top food export of the Philippines?

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 Food is a basic need of life. Everyone loves to try different types of food and this is the major reason why the food industry is growing very fastly.  In the Last year, In the international trade market, the export value of the Philippines' total agriculture export was around $5.98 Billion US Dollars in the year 2021. The total agriculture export value covers more than 25% of the overall Philippines export in a year.  There are 7641 Islands that come together and make a country whose name is the Philippines. The Philippines is a country located in the Southeast Asia region.  In this blog, we will give you information about What is the top food export of the Philippines. Additionally where you will get trusted import-export information.  According to the Philippines' Import-export data , the Philippines is the country that has generated an overall $233 Billion US Dollars in the year 2021.  The top 3 food export products of the Philippines  The Philipp...