The Coconut Keeps Rp Economy from Going Nuts

The coconut palm tree is popularly known as the tree of life. The coconut is considered such because of the many uses it can provide, starting from its roots up to its main fruit and still up to its real leaves. This interrogate tree is so versatile it can generate divers(prenominal) goods which argon made available and sold in the market. Its products that are generally commercialized include coconut oil, copra meal, desiccated coconut and copra cake. All the goods that we derive from the coconut are indeed very helpful to our daily lives. Fortunately the coconut is grown in almost 50 countries and the major coconut producing countries includes Indonesia, India, Malaysia, Ceylon, New Guinea, Mozambique and of line of work the Philippines, just to name some.(APCC.org, 2003) These countries, according to the Food and country musical arrangement (FAO) statistics, are the top producers and exporters of coconut products. However, the FAO noted that the Philippines leads all of these countries in the issue and exportation of the coconut. This certainly is good news for the republic and should make all Filipinos proud. The coconut industry - mainly its production and exportation - has been a plumping boost in the hook of the Philippine Economy.

The coconut, as reported by the Philippine Council for Agricultural Research, is grown in almost 55 provinces of the country and is a major crop in 35 of these provinces. The Census of factory farm said that this major crop occupies almost 33 portion of the total agricultural land area of the country. Due to the great production of the coconut, more than 3.4 million coconut farmers have been provided with stiff sources of livelihood. The coconut industry has also allowed millions of Filipino families to cope with the make economic hardship through the sale of coconut products to big businesses in the country. Land Bank of the Philippines CEO Gary B. Teves, in his new-fangled report, clearly stated that indeed coconut production has been a major economic... If you want to get a full essay, coiffe it on our website: Orderessay

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