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?

 

Strong global market prices for food commodities served as the primary growth engine for the agriculture sector in 2014, led by rice, corn and fruit crops. Although production has remained largely static over the past few years for most crops in the Philippines for a variety of reasons – including a lack of mechanisation, very little expansion...

 

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