Philippines to Increase Dairy Product Imports Next Year, USDA Forecasts
Economy

Philippines to Increase Dairy Product Imports Next Year, USDA Forecasts

The US Department of Agriculture (USDA) forecasts that the Philippines will increase its dairy product imports in 2027, with skim milk powder (SMP) imports expected to rise by 2%. Growing domestic demand is the primary driver, though a strong dollar against the peso could impact import costs.

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