Its archipelago of approximately 7,109 islands with a vast Exclusive Economic Zone (EEZ) of 2,200,000 km2
make the Philippines a treasure trove of marine resources. The country shares its maritime borders with Taiwan in the north, Vietnam
in the east and Malaysia and Indonesia
in the south. The Philippines is part of the coral triangle which contains some of the most productive fishing grounds in the world. The domestic fishing fleet has landed the country a place in the world’s top ten marine fisheries producers. The Philippines has also always been actively engaged in aquaculture of species like tilapia
. As such, the country is listed as the world’s eleventh biggest producer of cultured seafood and the world’s third biggest producer of aquatic plants (seaweeds). The country has a total population of 100 million, with a significant portion of the population centered around the capital of Manila. The Philippines is a considerable seafood exporter with tuna and seaweeds bringing in the biggest earnings. Recently the country has gained GSP+ status which makes the country’s export products even more competitive.
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