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Coconut oil, banana exports up in January

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The value of coconut-oil shipments in January expanded by 18.3 percent to $143 million, from the previous year’s record of $120.90 million, the latest data from the Philippine Statistics Authority (PSA) showed.

The value of coconut-oil shipments in January expanded by 18.3 percent to $143 million, from the previous year’s record of $120.90 million, the latest data from the Philippine Statistics Authority (PSA) showed.

Coconut oil remained as the top farm export of the Philippines and accounted for 2.4 percent of receipts in January, according to PSA data.

Figures from the PSA also indicated that the value of fresh bananas shipped during the period went up by 61.2 percent to $70.52 million, from $43.75 million. Earnings from shipments of fresh bananas accounted for 1.4 percent of export receipts in January.

see full article at Business Mirror

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