Scandinavian countries are the highest per capita consumers of coffee in the world. According to the CBI Ministry of Foreign Affairs, there is an opportunity for coffee origins and suppliers as evidenced by the emergence of small specialty coffee roasters in the region.
Makati PH – The Philippines and Indonesia are working on a Memorandum of Understanding (MoU) to help Philippine exporters comply with Indonesia’s Law 33/2014 on Halal Product Assurance, now in effect. The MoU, now in its final stages, will facilitate trading of Halal-certified goods through a government-to-government arrangement.
Healthier lifestyles and less sugar consumption in Europe create opportunities for Philippine fruit-based processed food. Dried and frozen fruits, as well as fruit purées, have the biggest potential in these markets.
A market study found that coconut, calamansi, carrageenan, and moringa have big potential in European markets. Other Philippine agricultural products cited were ube, turmeric, butterfly pea flower, and the elemi tree. The demand is driven by healthy lifestyle choices and using natural ingredients in manufacturing cosmetics and medicines.
A recent study into Swiss and European markets highlight opportunities for Filipino agricultural products and offer guidelines for exporters. Experts from the Swiss Import Promotion Programme (SIPPO) presented insights into EFTA markets’ trade regulations, market access requirements, and market demand in a webinar entitled ‘Export Opportunities to Europe’ during the National Exporters’ Week, Usapang Exports, last 2 December 2020.
Philippine company RPO Fine Foods Corporation, a Philippine company, closed a deal with Walmart for its Wow Mani product line in June 2020. Walmart is now offering RPO Fine Foods Corporation’s Wow Mani product line in their San Francisco, Mountain View, San Jose, San Leonardo, and Union City stores.
The COVID-19 pandemic has changed drastically the way consumers and enterprises do business. Due to lockdowns and the closing down of borders, micro, small, and medium enterprise (MSME) exporters were greatly hit generally in terms of loss of sales. As a response to this, the Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) is implementing programs that will help the MSME exporters get back on track and adapt to the new normal of doing business.
To leverage on the growing demand for processed food and beverages in India, the Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), the Philippine Trade and Investment Center (PTIC) in New Delhi, and the Board of Investments (BOI) and Invest India recently conducted a webinar on Exploring Trade and Investment Opportunities with India for Philippine Processed Food and Beverages.
Sitting right in the middle of Europe just beside France, Switzerland is known for its lakes, villages, and the cold peaks of the Alps. While being more famously recognized for its chocolate and yodeling, Switzerland is known in the global trade as the world’s gold hub as Swiss refineries process 70% of the unrefined gold mined in the world each year. To emphasize this huge sector, the Swiss gold business is worth US$70-90 Billion depending on the year. The Philippines has taken advantage of this opportunity with unwrought gold being its top export product to the country in 2019.
In the Mintel Report by Southeast Asia (SEA) Beauty & Personal Care Associate Director Sharon Kwek Si Ling, facial skin care and color cosmetics will lead the driving categories in the projected 5% growth of the Southeast Asian beauty market from 2020-2021.