The
Philippines is an archipelago of 7,107 islands
with a large territorial water area. It
is located in the western Pacific, and bounded
by the Pacific Ocean to the east, Sulu and
Celebes Seas to the south, South China Sea
to the west and the Philippine Sea to the
north. The country is endowed with rich
aquatic and marine resources that significantly
contribute to the country’s economic
development. The Philippines is ninth fish
producing (2001) countries and fourth aquaculture
production (2000) countries in the world.
Shrimps, tuna and seaweeds are the major
export products in the fisheries sector
in 2002.
The
Philippine Economy was hurt less by the
Asian Crisis than its neighbours. In the
year 2002, the national economy grew by
approx. 4.6 %. Electronics and textile products
are the most important export goods.
The
coast
The Philippines biodiversity is an integral
part of our global heritage and one of the
most important countries in the world for
conserving biodiversity of life on earth.
With a coastline of 17,460 kilometers and
27,000 square kilometers of coral reefs,
it contains nearly 500 coral species, but
only 5% of the coral reefs remain in excellent
condition. It also contains more than 2000
species of fish, more than 40 species of
mangrove and 13 species of seagrass. Mangroves
have been reduced to 120,000 hectares from
the original cover of 500,000 hectares.
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