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.