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Agriculture in the Philippines is a major sector of the economy, ranking third among the sectors in 2022 behind only Services and Industry. Its outputs include staples like rice and corn, but also export crops such as coffee , cavendish banana , pineapple and pineapple products, coconut , sugar , and mango . [ 1 ]
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The National Food Authority was created by President Ferdinand Marcos through Presidential Decree No. 4 dated September 26, 1972, under the name National Grains Authority (NGA) with the mission of promoting the integrated growth and development of the grains industry covering rice, corn, feed grains and other grains like sorghum, mung beans, and peanuts. [1]
Companies of the Philippines by industry (27 C) F. Filipino businesspeople by industry (10 C) Fishing in the Philippines (2 C, 4 P) Forestry in the Philippines (2 C ...
As an example, tilapia farming is a core component of the economy of Lake Sebu, South Cotabato, in 1994 making up over 50% of total income and employing 10% of workers. [14] Riverine and marine aquaculture provide an economic opportunity for poorer individuals, as access to water is much more available than access to land, which is often the ...
6 List of 15 largest global commodities trading companies. 7 Commodity exchanges. 8 References. ... List of Commodity Delivery Dates on Wikinvest "yahoo finance ...
The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining. [ 1 ] [ 2 ] [ 3 ] The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries .
The Philippines is the 8th-largest rice producer in the world, accounting for 2.8% of global rice production. [1] The Philippines was also the world's largest rice importer in 2010. [2] [needs update] There are an estimated 2.4 million rice farmers in the Philippines as of 2020. [3]