Chapter III.pdf - NEDA-RDC VI
Chapter III.pdf - NEDA-RDC VI
Chapter III.pdf - NEDA-RDC VI
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2. Export Winner Industries and Products<br />
Export winner industries and products of the region include<br />
those assisted by DTI (non-traditional exports) such as<br />
loomwoven products, bamboo furniture and furnishing, giftware<br />
and holiday décor. The three products have a combined export<br />
sales of US$ 9.4 million from 2001-2003. Major export markets<br />
are USA, Europe and Japan. Other industries for the export<br />
market are muscovado, horticulture, processed food, mango and<br />
aqua-culture.<br />
Table 5<br />
Non-Traditional Exports<br />
Region <strong>VI</strong>, 2001-2003<br />
(US$ M)<br />
Industry/Commodity CY 2001 CY 2002 CY 2003<br />
Loomweaving 0.747 0.451 0.407<br />
Muscovado - 1.928 0.004<br />
Horticulture 0.0004 0.0004<br />
Food Processing - - 18.61<br />
Mango - 0.160 0.675<br />
Bamboo 0.609 0.742 0.880<br />
Marine and Aqua-Bangus - - 0.030<br />
Giftware and Holiday Decor 1.410 1.933 2.256<br />
Total 2.77 5.21 22.86<br />
Source: Department of Trade and Industry, Region <strong>VI</strong><br />
stry/Commodity CY 2001 CY 2002 CY 2<br />
In 2003, the Bureau of Customs reported that the region<br />
was able to export to other countries commodities (traditional<br />
exports) worth US$13.78 million such as raw sugar, mollases<br />
and copra.<br />
3. Rich Natural Resources<br />
The judicious use of rich natural resources of the region<br />
can result to economic growth which will eventually lead to more<br />
jobs. Western Visayas is endowed with large tract of agricultural<br />
lands with rich and good quality soils that can be grown with<br />
practically all kinds of crops.<br />
The region has a total agricultural area of around<br />
1,310,481 hectares or about 63 percent of its total land area. Of