Philippines bananas

The Philippines' Davao Region registered total exports of P29.34bn (US$0.65bn) during the second quarter of this year, representing an rise of of 26 per cent over the prior year period,

Agricultural commodities were the top ten most exported products, led by banana and coconut, according to data released by the Philippine Statistics Authority (PSA).

Fresh and dried bananas, including plantains, topped the list of being the most exported commodity from Davao Region at US$355.68m, from April to June of this year.

Japan was the major export destination for the commodity earning US$108.35m, followed by New Zealand (US$69.1m), China (US$64.81m), South Korea (US$41.61m), and United Arab Emirates (US$13.87m), the report said.

Coming in second was coconut (copra), palm kernel or babassu oil. While rounding up the top three were fresh or dried coconuts, brazil nuts, and cashew nuts earning US$36.73m.

Also among the top ten most exported products from the region were: fresh and dried dates, figs, pineapples, avocados, guavas, mangoes and mangosteens (US$30.16m).

Export markets included Japan, New Zealand, China, South Korea, United Arab Emirates, Netherlands, United States, Malaysia, Taiwan, Netherlands, United Kingdom, Singapore, and Germany, among others.