19 Filipino companies make it to the world’s biggest food trade fair
Around 19 Filipino companies have successfully participated in the recently held Anuga, the world’s biggest food trade fair, showcasing some of their products such as banana chips, pili nuts, coconut products, among others.
These companies include Rain Delicacies, Doxo Trading, Coconutcures Inc., and Green Life.
The Anuga Food Fair was held in Cologne, Germany more than a week ago.
To recall, the Center for International Trade and Expositions and Missions (CITEM), the export promotion arm of the Department of Trade and Industry (DTI), had set a $62 million worth of export sales target from the country’s participation in the fair.
The EU is currently ranked as the Philippines’ 4th largest trading partner, 3rd largest import source, and 4th largest export market.
In 2016, the Philippines’ external trade in goods with the EU states totaled to $13.713 billion or 9.7 percent share of the country’s total trade, based on data of Philippine Statistics Authority (PSA).