Philippines Agriculture Articles & Analysis

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Chapter | Agriculture & Fisheries from The Report: The Philippines 2017

Contributing around 10% of GDP, the Philippine agriculture and fisheries sector’s importance to the economy remains far larger than its direct impact on the bottom line. The industry is a crucial employer, accounting for for 26.7% of the 43.4m-strong labour force, and is one of the few trades available for many Filipinos living in remote, less-affluent regions. With President Rodrigo Duterte...

Despite gloomy global trade forecasts, the Philippines’ strong macroeconomic fundamentals, competitive geographical and labour force advantages, and rising domestic consumption bode well for future trade and investment.

Increased export opportunities in the region should help drive further growth in the Philippines’ agriculture industry, which expanded strongly last year after overcoming the impact of natural disasters.

 

What efforts have been undertaken to diversify and modernise agricultural production?

 

What can be done to foster private sector participation in domestic fertiliser production, and which crops benefit from increased fertiliser use?

 

Sugar is the Philippines’ third-most-valuable cash crop export behind bananas and pineapples, and it retains a unique position in the country due to its value both as an export commodity and a crucial input for the domestic biofuels programme. This double-edged demand has led to a substantially undersupplied domestic market, as biofuel...