A PIDS study found that the sophistication content of the Philippines' agricultural exports from 1994 to 2014 has not improved. The country can diversify into processed agricultural goods, which have sophistication content relatively higher than that of primary agricultural products, such as fresh fruits. In this regard, developing the agro-processing industry appears to be a good strategy in harnessing the potential of the agricultural sector to contribute to sustainable economic growth and decent employment. However, this presents challenges on how the country's agricultural sector can transform into a high value-added sector. The study urges the government to take steps that will provide opportunities for the agricultural sector to realize actual linkages to more advanced and sophisticated industries.
Know more about the study titled “Harnessing the Potential of the Philippines’ Agricultural Sector: An Assessment using the Product Space” here: https://pidswebs.pids.gov.ph/CDN/PUBLICATIONS/pidsdps1816.pdf
Know more about the study titled “Harnessing the Potential of the Philippines’ Agricultural Sector: An Assessment using the Product Space” here: https://pidswebs.pids.gov.ph/CDN/PUBLICATIONS/pidsdps1816.pdf
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