Philippine raw cane sugar remains a top export commodity amounting to $14.5 million followed by fish or marine products, dried seaweeds, mangoes and ginger. High value crops like cacao and coffee, corn, temperate vegetables, and rubber, also abound in various areas in the region.
Iloilo ranks 5th in rice production, sugar cane, and poultry and livestockand takes pride in being the Food basket and Rice Granary of Western Visayas.
Iloilo hosts the Southeast Asian Fisheries Development Center (SEAFDEC), a multi-national aquaculture research facility. Marine biologists and students from all over the world spend time studying and training at SEAFDEC. The facility has been successful in its spawning of prawns and milk fish various marine species under controlled environments.
Major export destinations of Iloilo agriculture and aquaculture products are Taiwan, Hongkong, Vietnam, Indonesia, Japan , U.S.A, and China, among others.
Iloilo seeks to develop food processing and value adding of local materials.
Pre-feasibility studies and site evaluations for potential economic zones are actively pursued by local government units to host industrial estates, large-scale farming, and logistics hub.
Ancillary services that support production and distribution of raw materials and processed products.
Investment is the key to unlock the potentials of Iloilo’s agriculture and fishing industry. Investors can help the province gain access to greater capital; much-needed technology and knowledge transfer; timely, cheaper and convenient transport services to existing and new markets; and production, post-harvest, processing and storage facilities, among others.