RP's prawn industry
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Marine prawns and shrimps, including the delicious sugpo or giant tiger prawn, constitute one of the major dollar earners of the Philippines. Exports have steadily increased from 1,700 tons valued at ₱50 million in 1975 to 4,200 tons valued at ₱264 million in 1979. Over 90 per cent of world supply of prawns and shrimps (1.7 million tons in 1980) comes from fishing. Nevertheless, farming or production of ponds is expected to play a greater role because overfishing and increasing costs of fuel required by offshore trawlers have depleted natural stocks.
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Roman, I. M. (1983, March 5). RP's prawn industry. Bulletin Today, pp. 1, 11.
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