GENERAL SANTOS CITY, Philippines — For the second year running, canned pineapples have dislodged canned tune as the top export commodity in southern Central Mindanao, the PhilExport office in the region said.
Export receipts from canned pineapples during the first eight months this year (January to August) reached US$136,586,501.99 from a volume of 14,616,687.13 metric tons.
Last year, the region exported 27,378,769.60 MT of canned pineapple valued at US$244,414,248.87.
Including fresh and silage, total export receipts from pineapple products in 2014 were valued at US$309,403,720.65.
Canned and fresh pineapple exports from January to August this year have already totaled US$164,472,887.25.
PhilExport Central Mindanao director Ismael Salih Jr. however said export revenues for the top 10 export products in the region are down this year.
Comparative figures for 2015 and 2014 released by PhilExport showed a drop of US$22,337,862.23 in the value of the regionâls top 10 exports.
In 2014, gross export receipts for the first eight months hit US$579,275,512.56 but only reached US$556,937,650.33 over the same period this year.
The export volume of canned pineapple likewise dropped from a monthly average of 2,281,564.13 MT in 2014 to just 1,827,085.89MT this year.
As a result, average monthly value is down from US$20,367,854.07 in 2014 to only US$17,073,312.75 this year.
Central Mindanao is home to Dole Philippines Inc., the countryâs largest diversified agricultural company.
It has over 15,000 hectares of land planted to pineapple in the several towns in South Cotabato and has expanded to Sarangani and Sultan Kudarat.
Despite being dislodged as the top export, receipts from tuna products were still central Mindanaoâs top dollar revenue earner.
From January to August this year, total tuna export revenues hit US$183,369,383.26 for a modest growth of 5.3 percent.
Crude coconut oil is the third largest export revenue earner of central Mindanao with a value of US$77,162,418.62.
Rounding up the top 10 export commodities of Region 12 this year are fresh Cavendish bananas, copra meal, frozen whole tuna, coconut water, pouched tuna and frozen tuna.
Canned pineapples had been the regionâs top commodity export for over four decades since Dole Philippines began operations in the 1960s until being dislodged by tune in 2002, Source: Interaksyon