PH food imports up by 13.7% in May
Philippine food imports, including animals for food, increased by 13.7 percent in May to $493.6 million in May from $434.3 million a year ago, the Philippine Statistics Authority reported.
Dairy product imports amounted to $73.6 million, down by four percent from a year ago because of the decline of the price of dairy products in the world market.
Imports of fruits and vegetables amounted to $59.3 million, up by 5.6 percent from a year ago.
Rice imports plummet by 90 percent to $2.8 million from $28.1 million a year ago while imports of fish and fish preparation surged by 45.6 percent to $34.5 million from $23.7 million a year ago.
Imports of animal and vegetable oils and fats jumped by 62.9 percent to $78.4 million and imports of feeding stuffs for animals amounted to $116 million, up by 26 percent from a year ago.
Wheat imports grew by 30 percent to $115 million and corn imports expanded by 58.9 percent to $20.3 million.
Unmanufactured tobacco imports growth was flat at 0.9 percent to $14.9 million while beverages and tobacco exports grew by 2.1 percent to $21.5 million.