Philippine basketball

PH key market for American food, beverage

Rappler.com

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BOUND FOR PHILIPPINES. Calves peer out windows of their hutches on a dairy farm. Beef is one of the agriculture products US exports to Asia. Photo by AFP
The Philippines has become the largest market for U.S. food and beverage products in Southeast Asia as a surging economy and rising tourism are seen stoking demand for American goods in 2013, a report by the U.S. agriculture attaché said. “U.S. consumer oriented food and beverage exports to the Philippines have increased an estimated 12% in 2012 to a record $850 million and have doubled since 2009,” the report said. “The Philippines remains the largest U.S. food and beverage market in Southeast Asia, and one of the fastest growing in the world,” the report said.

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