Forecast: Agricultural Products Export in Philippines

The forecasted data indicates a year-on-year decline in the export value of agricultural products from the Philippines. In 2023, the value stood at 6.8, with forecasts showing a steady decrease to 6.3 by 2028. The year-on-year variation between 2024 and 2025 is a -1.49%, with similar declines continuing annually. The compound annual growth rate (CAGR) reflects an average annual reduction of -1.50% over the five-year period from 2024 to 2028.

Future trends to watch for:

  • Impacts of climate change on agricultural productivity and export capabilities.
  • Shifts in global trade policies and their effects on export markets.
  • Advancements in agricultural technology and their potential to boost production efficiency.
  • Changes in international demand for specific agricultural products.

Top Countries about Agricultural Products