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Philippines: Davao Region’s top exports in 9 months: bananas, pineapples

Agricultural products still dominated the list of top 10 export products in the Davao Region during the first nine months of the year, based on the list released by the Bureau of Customs. Although the list did not contain the total export value during the period, it showed that fresh green bananas and fresh pineapples continued to be the biggest export commodities of the region.

Fresh green banana export value rose to $389.508 million during the period, way higher than the $311.776 million registered last year. But value of fresh pineapple exported during the period drastically went down to $51.668 million from $107.46 million last year, although the commodity remained in the top second spot.
Another product whose production went down during the period was activated carbon whose value of total exports declined to $21.532 million during the period from $25.279 million last year. The product was fifth in the list of top 10 products during the period.

But it was cement, which placed sixth in the list of top 10 export products, which registered a higher jump in export value at $19.65 million during the period from just about $252,690 during the period last year. Customs District Collector Ronnie C. Silvestre pointed out that Holcim Philippines Inc., the sole exporter of cement in the region, has been among the best performers both as exporter and importer during the period. “Holcim has been very active in its production,” Silvestre told the TIMES.

Roger A. Cerbo, company administration manager, said the company has intensified its operations after experiencing a slump two years ago. “We are back to normal operations,” Cerbo told the TIMES in a telephone interview. In 2006, the company infused about P1 billion in investments in its Davao plant here to intensify its production. Before the rehabilitation of its plant, the company had to shut down some of its production facilities, Mr. Cerbo said. 

Based on Customs records, the company imported about P103.98 million in raw materials and other plant requirements during the first nine months. The agency has yet to provide the data on how much of the import of the company was the value of its raw materials. “But the bulk of our exports is for raw materials,” said Mr. Cerbo. But Silvestre expected that agricultural products will continue to be the banner products of the Davao Region. “We are an agricultural area so this (figure) will definitely increase before the end of the year,” he said.

The list revealed that other top 10 products during the period were natural rubber, occupying the third place, whose value increased to $48.64 million from $30.22 million in the first nine months of 2007, banana chips, the fourth biggest export, whose value rose by $8.38 million to $32.126 million from $23.747 million, dessicated coconut, was seventh registered a value of $12.945 million during the first nine months of the year which was higher than the $9.871 million registered during the period last year, and gold, which occupied the eight place with a value of $12.166 million during the period from just about $2 million during the period last year.
Copra cake and oil, on the other hand, occupied the ninth position in the top 10 list with a value of $11.6 million during the period, up from $7.938 million during the period last year. The last in the list was frozen tuna with a value of $6.779 million, up from $5.47 million during the first nine months last year.


Source: mindanaotimes.com.ph


Publication date: 11/20/2008


 


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