Philippines Agriculture

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Accounting for around 10% of GDP, the Philippine agriculture and fisheries sector’s importance to the national economy remains far larger than its direct impact on the bottom line. The industry is a crucial employer, accounting for 26.7% of the country’s 43.4m-strong labour force, and is one of the few trades available for many Filipinos...

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?

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