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The Philippines is the 8th-largest rice producer in the world, accounting for 2.8% of global rice production. [1] The Philippines was also the world's largest rice importer in 2010. [2] [needs update] There are an estimated 2.4 million rice farmers in the Philippines as of 2020. [3]
Agriculture in the Philippines is a major sector of the economy, ranking third among the sectors in 2022 behind only Services and Industry. Its outputs include staples like rice and corn, but also export crops such as coffee , cavendish banana , pineapple and pineapple products, coconut , sugar , and mango . [ 1 ]
Rice continues to hold important cultural value in the Philippines today. Folk legends about rice, including the story "Alamat ng Palay", depict how rice is cherished as a gift of life that keeps Filipinos grounded, healthy, and fed. [7] In the past, rice was thought of as a prestige food and was only made in small quantities for spiritual ...
This week the Philippines began enforcing price ceilings for rice, to protect consumers against what it called widespread price manipulation by traders in league with industry cartels. Global rice ...
"The Philippines population grows 1.5% annually, driving up its demand for rice, while domestic supplies haven't been able to match, and therefore (it) has to increase imports," Laurel said at a ...
The Philippines, the world's top rice buyer, is seeking to import another 300,000 tonnes of the staple food to boost state stockpiles while battling the coronavirus pandemic and ahead of its own ...
The Philippines is the 8th largest rice producer in the world as of 2019, accounting for 2.5 percent of global rice production. [55] Rice is the most important food crop, a staple food in most of the country; [56] it is produced extensively in Central Luzon), Western Visayas, Cagayan Valley, Soccsksargen, and Ilocos Region. [57] [58]
The Philippines announced price ceilings for rice on Friday to protect consumers, as the rising cost of the national staple probably caused August inflation to accelerate for the first time in ...