Philippines Exporter Guide 2021

Country:
Philippines

Report Highlights:
The Philippines is the ninth largest market for U.S. agricultural exports and the largest destination for U.S. consumer-oriented products in Southeast Asia. The United States is the largest single-country supplier of agricultural products, although ASEAN countries benefit from lower tariffs and have more market share as a group. U.S. agricultural exports in 2021 are forecast to grow 9 percent from the previous year to a record $3.4 billion, despite COVID-19 continuing to disrupt logistics, business operations, and the movement of people. High-value, consumer-oriented products with the best prospects for export growth include red meat and poultry, prepared food, apples, grapes, and processed fruits and vegetables.

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