Fisheries of the Philippines, fiscal year 1971

The Philippines produced an estimated 1,460,000 metric tons of fish during Fiscal Year 1971 (ending June 30, 1971) versus an estimated 1,380,000 tons for FY 1970. Whi'le these statistics supplied by the Philippine Fisheries Commission (PFC) are estimates and undoubtedly include a margin of error, they indicate an increase in production of nearly 6 percent. The Commission hopes that the country can become self-sufficient in fish in 1973 with a production of 1.6 million tons, and is promoting pond culture. To achieve this goal, however, production will have to be increased by nearly 10 percent. During FY 1971 the Philippines imported about 45,000 tons of fish valued at about US$8.4 million, and exported 3,000 tons of fish valued at nearly US$2.1 million.