Tag Archives: coconut

VERA FILES FACT CHECK: Sen. Cynthia Villar falsely claims PH coconut industry is ‘as big’ as rice

The coconut industry is not as big as rice in terms of volume and value of production. In 2021, the country produced 19.96 million MT of palay worth P332.77 billion at current prices. That same year, coconut production was at 14.72 million MT, valued at P123.67 billion at current prices, according to the Philippine Statistics Authority’s 2022 Selected Statistics on Agriculture and Fisheries.