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Ralph Bean, Agricultural Counselor at the U.S. Embassy in Manila, will give an overview of this archipelagic country made up of over 7,000 islands in Southeast Asia. Learn about the three distinct regions, the demographics (more than half of the population is under the age of 24!) and the opportunities and trends for U.S. agricultural products.
Also learn about the Philippines Inbound Trade Mission to Miami in September and why SUSTA thinks this is an important market to consider.
Exporter Guide, Manila Report Highlights: The United States continues to be the Philippines’ largest supplier of agricultural products, and the Philippines is its tenth largest global market. Despite inflation, a weak Philippine peso and trade restrictions, strong consumer spending kept sales of U.S. agricultural exports to the Philippines close to $2.6 billion in 2017, the same level as the previous year. The top U.S. exports in 2017 were soybeans and soybean meal, wheat, dairy products, red meats, and poultry. Sales are up 13 percent from January to July 2018, and forecast to reach a record $2.9 billion by year-end. Consumer-oriented food and beverage products remain the best prospects for future export growth.
