PH food imports climb by 17% in January
Philippine food imports grew by 16.7 percent in January to $492 million propelled by the growth in fish and dairy product imports, data from the Philippine Statistics Authority show.
Dairy product imports, which include milk, cheese, and yogurt, expanded by 17.8 percent to $67 million and imports of fish and fish preparation jumped by 58 percent to $48.8 million.
Rice imports increased by 7.6 percent to $49 million and fruit and vegetable imports grew by 13.3 percent to $61 million.
Imports of beverages and tobacco soared by 74.3 percent to $22 million.
Imports of wheat grew increased by 50 percent to $105 million while imports of corn expanded by 27.2 percent to $16 million. Imports of unmilled cereals excluding rice and corn dropped by 51 percent to $402,000 from $821,000