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    Home > Food News > Food Articles > Philippine food company's CIIE sales reached 597 million U.S. dollars

    Philippine food company's CIIE sales reached 597 million U.S. dollars

    • Last Update: 2021-12-02
    • Source: Internet
    • Author: User
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    According to a report by the "Philippine Star" (Philstar) on November 25, Philippine food companies in the 4th CIIE created a total of US$597 million in export sales , an increase of 29% over 2020
    .
    Among them, US$575 million came from the memorandum of understanding signed with buyers, and US$22.
    31 million came from sales booked in the trade hall and business matching activities organized by the Export Marketing Bureau of the Ministry of Trade and Industry and Food2China
    .
     
    Deputy Minister of Trade and Industry (DTI) Makatoman said, “This year’s results show that the Philippines-China trade relationship continues to grow
    .
    We are very pleased to have the opportunity to showcase outstanding Filipino food in the international market and look forward to expanding this in other industries.
    Relationship"
    .
    China is currently the Philippines’ main export market, accounting for 27% of the country’s total exports
    .
     
    A total of 40 Philippine companies participated in the CIIE, exhibiting a series of tropical fruits, processed fruits and vegetables, healthy snacks, seafood and seafood, and other high-quality foods
    .
    Food company export sales
     
    Deputy Minister of Trade and Industry (DTI) Makatoman said, “This year’s results show that the Philippines-China trade relationship continues to grow
    .
    We are very pleased to have the opportunity to showcase outstanding Filipino food in the international market and look forward to expanding this in other industries.
    Relationship"
    .
    China is currently the Philippines’ main export market, accounting for 27% of the country’s total exports
    .
     
      A total of 40 Philippine companies participated in the CIIE, exhibiting a series of tropical fruits, processed fruits and vegetables, healthy snacks, seafood and seafood, and other high-quality foods
    .
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