The 16th International Food Exhibition (IFEX) Philippines, an international food and ingredients trade show, posted a 52-percent increase in export sales of $162 million in actual and negotiated export sales, compared with its 2022 edition.
From May 26-28, food enthusiasts and manufacturers came together at the World Trade Center to participate in this year’s IFEX Philippines event. Serving as a comprehensive business-to-business platform, it offered a convenient opportunity for individuals seeking new flavors, suppliers and partnerships. The main ballroom, captured in the accompanying photo, was transformed into a bustling one-stop shop and a 2-story hub for manufacturers and local food chain suppliers.
CITEM also noted that physical business-to-business meetings, with the assistance of DTI-Export Marketing Bureau , generated over $61 million in export sales. On the top export commodities, the export promotions arm noted fruits and vegetables contributed the most with nearly $80 million generated in export sales alone, followed by snacks and crispy and savory food generating over $21 million in export sales.
The CITEM official also underscored the importance of events such as the IFEX Philippines, saying that Filipinos can not only share innovations within the food sector with the global market but also “impart the centuries-old culture and heritage of the Philippines.”
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