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Philippines’ agri-fishery exports grow by 12 percent in Q1

The Philippines’ exports of agricultural and aquatic products in the first quarter of this year grew by 12 percent to 1.31 billion USD year on year, according to the country’s Department of Agriculture.
Hanoi(VNA) – The Philippines’ exports of agricultural and aquatic products in the first quarter of this yeargrew by 12 percent to 1.31 billion USD year on year, according to the country’sDepartment of Agriculture.

It is aopposite of the Philippines’ total shipments during the period which dropped by5 percent year on year to 25.7 billion USD.

The biggestagri-fishery export earners were banana (489 million USD), coconut oil (232million USD), fresh or dried pineapples (97 million USD) and shrimp and prawns(77 million USD).

The departmentpointed out that the agri-fishery sector was not yet affected by the COVID-19pandemic during the period as the nationwide lockdown was imposed only over the last two weeks of the first quarterand the country’s major trading partners like Japan, China, the Republic ofKorea and the EU have not yet imposed import restriction policies.

In Cambodia, exportsof the renowned Kampot pepper, one of the country’s only two products to beregistered as a Geographical Indication in the EU, has now been stymied becauseof the COVID-19 pandemic, according to an official of the Kampot provincial agriculture department.

At present,more than 130 tonnes of Kampot pepper remain in stock which cannot be exportedespecially to the EU and the Republic of Korea (RoK) because those countries suffer lockdown measures or restricted movement.

The KampotPepper Promotion Association projects about 100 tonnes will be produced thisyear despite unfavourable weather.

About 50percent of all Kampot pepper is shipped to the EU, while about 20 percent isexported to other countries. The remaining 30 percent is consumed locally./.
VNA

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