Davao exporters sign US$27 million in durian deals with Chinese firm
Eng Seng and Maylong reached separate agreements with Somago, including an annual target for frozen durian purchases.
Durian exporters Eng Seng and Maylong, both based in Davao City, have signed agreements with Chinese firm Somago totalling US$27 million (₱1.71 billion), the Philippines’ Department of Agriculture said on November 10.
The department said the arrangements could create additional opportunities for Filipino farmers and help narrow the agricultural trade deficit. Agriculture Secretary Francisco Tiu Laurel Jr. said broader overseas markets would increase export earnings and encourage investment in agriculture.
Eng Seng’s agreement sets out a framework for strategic cooperation valued at US$17 million (₱1.08 billion) a year. It covers November 2026 to November 2027.
Maylong’s deal concerns frozen durian purchases, with a yearly target of US$10 million (₱632.55 million). Its term runs from November 1, 2026, until October 31, 2027.
Separately, Philippine fruit exporters and growers recorded US$290 million (₱18.34 billion) in sales booked or negotiated at Hong Kong’s Asia Logistica Expo. Products included durian, mangoes, dragon fruit, and Cavendish and Cardava bananas.
The Philippines also sent a 300-kilogram shipment of durian to Canada in September.
