Philippine being a tropical country is abundant of
coconut trees. The coconut industry plays a very important role in
the Philippine agriculture. It is considered a major dollar earner in
the country that provides livelihood to 1/3 of the country's
population, and earns more than US$510m annually. Based on the
country's Coconut Authority of the Department of Agriculture:
- Of the 12 million hectare of farmlands, 3.1 million hectare is devoted to coconut industry
- 68 out of 79 provinces are coconut areas
- there are 3.5 million coconut farmers in the country
- 25 million Filipinos are directly or indirectly dependent on the industry
- 59% share in world coconut exports
The coconut palm provides a
considerable export income as food and drink for domestic consumption
and as fuel and shelter. Of the exported coconut products the dried
kernel (copra) is a major source of vegetable oil. Dried kernel is
widely used in the bakery and confectionery trades.
Philippines targets improving coconut production nationwide
Philippines'
government bolstered its bid on improving nationwide production
of coconut. This reform will ensure supply of this export product as
a top dollar-earner.
Aside from pursuing its regular
planting, salt fertilization and replanting activities in
coconut-producing areas for worldwide export, Philippine Coconut
Authority also decided to undertake special fertilization
intervention in 3 Central Philippine regions.
www.exportportal.com
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