Two Davao City firms land $27-million durian export deals with Chinese company
The agreements, announced by the Department of Agriculture, cover fresh and frozen durian shipments from late 2026 to late 2027.
Two companies based in Davao City have signed separate durian export agreements with a Chinese firm worth a combined $27 million, or about P1.71 billion, the Department of Agriculture (DA) said on Tuesday, according to GMA Network.
The larger deal, between Eng Seng and Somago, sets up a strategic cooperation framework valued at $17 million (P1.08 billion) a year. It runs from November 2026 to November 2027.
The second agreement, between Maylong and Somago, covers the purchase of frozen durian. It carries an annual target of $10 million (P632.55 million) for the period November 1, 2026, to October 31, 2027.
The DA said the deals could open more opportunities for Filipino farmers and help narrow the country's agricultural trade deficit.
"By expanding overseas markets, we are not only strengthening the country's agricultural trade position through higher export earnings but also encouraging much-needed investments in the agriculture sector," Agriculture Secretary Francisco Tiu Laurel Jr. said in a statement.
According to the report, the Philippine delegation to the 2025 CIIE booked P920.58 million in sales, with a reported return on investment of 252.69 percent.
Durian has featured prominently in recent tropical fruit export deals. At the Asia Logistica Expo in Hong Kong, Filipino exporters and growers recorded $290 million (P18.34 billion) in booked and negotiated sales of fruits including Cavendish and Cardava bananas, durian, mangoes and dragon fruit. The Philippines also shipped 300 kilograms of durian to Canada in September.
Why it matters for Davao
Davao City is home to both exporters, and the DA says such deals could bring more opportunities for Filipino farmers, including durian growers who supply these firms.
This article was written by the DavaoNews desk with AI assistance, using reporting by GMA Network. Facts come from the original report, which we credit and link below. Our editorial policy
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