US Ag Exporters Can Benefit From 'High Growth Potential' in Philippines, USDA Says
There is “high growth potential” for U.S. agricultural exporters shipping to the Philippines, particularly with “consumer-oriented products,” the USDA Foreign Agricultural Service said in a report June 8. The agency said the Philippines was the eighth-largest market for U.S. agricultural…
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exports in 2021, and consumer-oriented products -- such as dairy, pork and poultry products -- represented the largest category of exports. USDA specifically said U.S. meat and poultry exports to the Philippines have “increased significantly” in recent years due to “shortfalls” in domestic production caused by African swine fever. The agency expects those exports to continue to rise, as well as U.S. shipments of dairy, pet foods, potatoes and food preparations.