PH Food and Agri Export Sector Reaps Record Sales and Deals at 5th China International Import Expo
Some of the sales deals sealed at the 5th CIIE. CENTER: Phildel with MOFCOM DDG Ran Deyan and some of the exhibitors.
SHANGHAI 16 December 2022 – The Philippines ended its participation in the 5th China International Import Expo (CIIE) on a truly high note with total sales and deals closed hitting a record USD 655.15 million.
The Philippines fulfilled its avowed target of exceeding last year’s CIIE sales of USD 597 million, improving on the latter by a solid 9.74%.
The outcome also sustains a five-year streak for the Philippines of consistently higher sales, year-on-year dating back to the Expo’s inception in 2018.
According to the Philippine Trade and Investment Center-Shanghai (PTIC), the value of this year’s CIIE sales is also the highest this year for Philippine country participation in a trade expo anywhere in the world. “Our trade and agriculture officials and exhibitors did a marvelous job. This stellar outcome also leaves no doubt about the robust demand for quality Philippine food products and agricultural produce in China’s huge and still expanding market”, said Consul General Josel F. Ignacio. “There is plenty of room to fill, and the annual CIIE is unmatched as a vehicle for our future promotion and closing those crucial deals”.
Contributing to the outstanding results was the participation of a record high 62 food and food-related PH companies, and the spotlight trained this year by the Philippine government on coconut and specialty coffee.
The core Philippine government delegation this year was composed of Consul General Ignacio, Agriculture Counsellor (Beijing) Ms. Ana GM B. Abejuela, PTIC-Beijing Commercial Counselor Emmanuel Niño W. Ang, Consul John Francis S. Herrera, CITEM Business Representative Raymond Tan, and DTI-Export Marketing Bureau Specialists Ms. Heizle Trasmañas, Christine Grace C. Victoria, and Raiza A. Caybot.
The CIIE is the world’s largest import-themed exhibition and takes place in Shanghai every November. END
For more information, visit http://shanghaipcg.dfa.gov.ph/.