The Philippines’ agricultural trade deficit widened sharply in March as import growth continued to outpace exports, highlighting persistent supply constraints despite rising overall trade, according to the Philippine Statistics Authority.
The Department of Agriculture (DA) is taking action to stabilize palay (unhusked rice) prices after declines were reported in several major rice-producing provinces.
In a country increasingly dependent on non-wood forest products as timber supplies tighten, bamboo has become a practical stand-in for everything from furniture and handicrafts to panels and housing materials. It grows quickly, is widely available, and supports rural livelihoods.
Rice and corn production declined in the first quarter of 2026, reflecting lingering damage from late 2025 typhoons that disrupted planting schedules and destroyed standing crops across key farming regions.