Thursday, May 30, 2024

Philippine Deputy Agriculture Minister Urges Increased Tobacco Exports

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According to reports from the Philippine News Agency, Philippines Agriculture Undersecretary Deogracias Victor Savellano has urged tobacco-producing provinces in northern Luzon Island to increase their export output. This request came after a meeting with the board of the National Tobacco Administration (NTA).

Saveliano states that the National Tobacco Administration and farmers should increase tobacco production without sacrificing the yield of other crops such as rice, corn, and other high-value crops.

If the Philippines increases tobacco exports, the country can engage in barter trade with Indonesia, which produces low-cost rice and fertilizer.

In 2022, 53% of the tobacco produced in the Philippines is exported, with 47% of it being supplied to local tobacco manufacturers.

In addition to our objective of increasing tobacco export production, we are also researching other alternative products related to tobacco and its commercialization, such as tobacco dust,” said Savirano.

References:

Experts Advocate for Boost in Philippine Agriculture Output

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