Image From: http://www.philstar.com The unions of farmers in the Philippines have been complaining about those smugglers who have been taking their livelihood away from them for a long time now, and they are hoping that the government will give them the help and support that they need. What is really going on with the exports and imports of agri-food items in the Philippines? Are trade realities actually reflected by the official statistics? Or are the statistics agencies at fault since they have been under-documenting or under-reporting?
This trading in the Philippines post will make use of some trade data from the United Nations which people can view if they visit the UN Trademap. It will talk about the products that are either being imported or exported in this nation.
The state of rice imports and exports
According to statistical data, the Philippines has brought in an estimated 581,000 tons worth of the staple food from Vietnam during the year 2011. This amount increased the next year when the nation imported 823,000 tons of rice. Vietnam however has not provided any export data for each country since the year 2010.
Could the reason for the delay in releasing the export data be something controversial? While this is going on, the USDA (United States Department of Agriculture) released a report about the Philippines bringing in an estimated annual amount of 1.5 million tons of rice, mostly from Vietnam. Why are the reports conflicting? Could the UDSA be making a mistake?
During April 2013, the local Customs police discovered a lot of smuggled rice in the city of Cebu. The total worth of the stolen rice inside the 1,169 vats from Vietnam was around P1.2 Billion (or $29 Million). Based on trading in the Philippines statistics, one of these 40 feet storage devices would hold a maximum of 40 tons of rice. The entire volume is approximately 46,760 tons.
This trading in the Philippines post will make use of some trade data from the United Nations which people can view if they visit the UN Trademap. It will talk about the products that are either being imported or exported in this nation.
The state of rice imports and exports
According to statistical data, the Philippines has brought in an estimated 581,000 tons worth of the staple food from Vietnam during the year 2011. This amount increased the next year when the nation imported 823,000 tons of rice. Vietnam however has not provided any export data for each country since the year 2010.
Could the reason for the delay in releasing the export data be something controversial? While this is going on, the USDA (United States Department of Agriculture) released a report about the Philippines bringing in an estimated annual amount of 1.5 million tons of rice, mostly from Vietnam. Why are the reports conflicting? Could the UDSA be making a mistake?
During April 2013, the local Customs police discovered a lot of smuggled rice in the city of Cebu. The total worth of the stolen rice inside the 1,169 vats from Vietnam was around P1.2 Billion (or $29 Million). Based on trading in the Philippines statistics, one of these 40 feet storage devices would hold a maximum of 40 tons of rice. The entire volume is approximately 46,760 tons.
RSS Feed