Philippines: Davao exports up 10% to $535.1 million in Q1
Based PSA-NSO data, freight on board (FOB) value of exports went up to $535.1 million from January to March, this year, as compared to $486.19 million in the same period last year.
Bananas accounted for the most exports with a FOB value of $295.21 million, most of them were exported to Japan, China, South Korea, United Arab Emirates (UAE), and Iran.
Rounding up the top three exports are coconuts, brazil nuts and cashew nuts with $30.41 million. These were mainly exported to Singapore, USA, Netherlands, Germany, and the United Kingdom (UK).
Also in the top ten are: dates, figs, pineapples, avocados, guavas, mangoes, and mangosteens ($23.46 million); fruits, nuts, and other edible parts of plants ($11.12 million).
The top ten markets of the region's exports are Japan, China, South Korea, Singapore, USA, Netherlands, UAE, Malaysia, Iran, and Saudi Arabia.
Source: sunstar.com.ph
