Philippine meat imports up 7% in August

 

Danessa Rivera, The Philippine Star

September 20, 2022

 

MANILA, Philippines — Pork and chicken continued to drive the country’s meat imports, which rose seven percent as of end-August.

 

Latest data from the Bureau of Animal Industry (BAI) showed the country imported 851.84 million kilos of meat and meat products from January to August, higher than the 795.59 million kilos shipped in the same period last year.

 

Pork imports accounted for more than half of the total meat, or 54 percent, at 464.84 million kilos, 20.56 percent higher than the previous year.

 

This has breached the forecast of the United States Department of Agriculture (USDA) on pork.

 

Earlier, the USDA said pork imports are expected to reach 400,000 metric tons (MT) or 400 million kilos this year, driven by the extended reduced tariffs on pork imports under executive order (EO) 171.

 

Under EO 171, the 15 percent in-quota and 25 percent out quota tariff rates for pork will be extended until Dec. 31 to bring down prices and stabilize the supply of pork in the country.

 

Pork cuts accounted for the highest imports with 206.32 million kilos followed by offals – or internal organs – with at 143.56 million kilos.

 

The top sources of pork are Spain at 154.54 million kilos, Canada at 86.91 million kilos, and Brazil at 48.12 million kilos...

 

... Figures from BAI showed beef imports inched lower from 111.88-million kilos to 110.12-million kilos. Brazil and Australia were the top sources of beef at 42.27-million kilos and 28.72-million kilos, respectively...

 

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https://www.philstar.com/business/2022/09/20/2210810/philippine-meat-imports-7-august