Agricultural trade deficit widens in Q2, PSA data show

Quick Summary:

The country’s farm trade deficit expanded by 13.8 percent in the second quarter, according to the latest data from the Philippine Statistics Authority (PSA).

The other major agricultural imports during the period were residues and waste from the food industries, miscellaneous edible preparations, and meat and edible meat offal.

The top five farm exports were edible fruit and nuts; animal, vegetable, or microbial fats and oils and their cleavage products; preparations of vegetables, fruit, nuts or other parts of plants; preparations of meat, of fish, of crustaceans, mollusks; and tobacco and manufactured tobacco substitutes.

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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets: PhilippinesAustraliaBrazilMalaysiaNetherlandsThailandUnited StatesVietnam

Topics: Quarter Country’s Agricultural Trade Annual 2024 Billion Exports Second Total Percent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 16:05:00 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 15 lines

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Copyright Owner: © Business Mirror

News ID: 22367892

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