A Surge In Consumption Followed The Withdrawal Of Us Guidance That Implicated Coconut Asa Source Allergies Market Demand For Organic Products And Improved Awareness Benefits Ofa Healthy Lifestyle Also Contributed To Oil Boom Quot Meet Changing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Coconut oil (Photocourtesy of Kain Nation Facebook) MANILA - Growth in the coconut industry is apparent after data released by the Philippine Statistics Authority (PSA) on Friday showed that of the 10 major commodity groups in terms of the value of exports, coconut oil recorded the highest annual increase of 76.9 percent. Cathodes and sections of cathodes and refined copper (56 percent), and chemicals (53.7 percent) were the next top performers. The country's total external trade likewise increased. "For October 2021, the total external trade amounted to USD16.84 billion. It grew at an annual rate of 15.2 percent. In the previous month, the annual increase was recorded at 17.1 percent, while a decline of minus 10 percent was recorded in October 2020," the PSA data stated. By commodity group, electronic products continued to be the top export in October with total earnings of USD3.65 billion, or 57 percent of the total exports during the period. This was followed by other ....

United States , Hong Kong , Los Angeles , Philippine Coconut Authority , Investment Center , Philippine Statistics Authority , Eric Elnar , Philippine Trade , Coconut Oil Photocourtesy Of Kain Nation Facebook Manila Growth In The Industry Is Apparent After Data Released By Philippine Statistics Authority Psa On Friday Showed That 10 Major Commodity Groups Terms Value Exports , Oconut Oil Recorded The Highest Annual Increase Of 76 9 Percent Cathodes And Sections Refined Copper 56 , Nd Chemicals 53 7 Percent Were The Next Top Performers Country 39s Total External Trade Likewise Increased Quot For October 2021 , He Total External Trade Amounted To Usd16 84 Billion It Grew At An Annual Rate Of 15 2 Percent In The Previous Month , He Annual Increase Was Recorded At 17 1 Percent , Hilea Decline Of Minus 10 Percent Was Recorded In October 2020 , Uot The Psa Data Stated By Commodity Group , Lectronic Products Continued To Be The Top Export In October With Total Earnings Of Usd3 65 Billion , R 57 Percent Of The Total Exports During Period This Was Followed By Other Manufactured Goods With An Export Value Usd350 18 Million 5 And Mineral Products Worth Usd298 48 4 7 To China Comprised Highest Amounting Usd1 01 Billion Ora Share 15 8 In October Major Trading Partners Their Values Percentage Shares Were Us Usd962 31 Or , Ong Kong With Usd865 62 Million 13 5 Percent , Apan At Usd859 67 Million 13 4 Percent , Nd Singapore At Usd390 59 Million 6 1 Percent The Philippine Coconut Authority Pca Reported Earlier That Oil And Crude Are Two Of Top Us Imports From Philippines Commissioner Eric Elnar Trade Investment Center In Los Angeles , Alifornia Previously Said The Philippines Accounts For 60 Percent Of Us Coconut Oil Imports And 73 Crude Rise In Demand Was Due To Changes Trade Policy , Market Trends , Nd Dietary Guidelines , E Explained For One , A Surge In Consumption Followed The Withdrawal Of Us Guidance That Implicated Coconut Asa Source Allergies Market Demand For Organic Products And Improved Awareness Benefits Ofa Healthy Lifestyle Also Contributed To Oil Boom Quot Meet Changing , He Office Took Advantage Of The Online Shopping Market Trend That Had Become Mainstream During Pandemic ,