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The Philippine food retail sector has grown 25 percent over the past five years, reaching approximately $50 billion in 2019.
U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.
The U.S. continues to be the Philippines’ number one supplier of agricultural products, and the Philippines is its 9th largest market in the world.
This report outlines Philippine government requirements for the importation of food and agricultural products.
The Philippines’ food service industry continues to grow, driven by the strong economic performance and high consumer confidence in 2013.