Masbate Major Industries
Masbate City is the center of trading activities in the province. It serves as the intra-distributor of almost all commodities being traded to other municipalities in the entire province. Masbate’s main products are copra and marine resources such as fish. These are traded to Manila, Lucena, Legazpi, and Cebu cities. Other traded products such as dried fish, crabs, prawn, bangus, livestock, and rice are coming from the neighboring municipalities of Milagros, Baleno, Balud, Mandaon, Aroroy, Mobo, Uson, Dimasalang, Palanas, Placer, Pio. V. Corpus and Cawayan.
Shrimps, crabs and prawns are shipped to Japan, mud crabs to Taiwan, headless squid to USA and Japan, crab meat to USA and scallops to Europe.
Importing products mainly from Manila, Lucena, Cebu and Legaspi. These are mostly rice, bakery raw materials, transport vehicles and appliances, farm inputs, construction materials and basic commodities. These are also traded by the city to other municipalities in the whole province.
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MASBATE FAST FACTS |
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LOCATION |
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Central Philippines |
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REGION |
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Region V - Bicol |
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LAND AREA |
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404,770 Has. |
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MUNICIPALITY |
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21 |
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BARANGAY |
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550 |
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HOUSEHOLD |
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128,860 |
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POPULATION |
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653,852 (1995) Census |
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POPULATION GROWTH |
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9.16% (1990-1995) |
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LITERACY RATE |
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95.90% |
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DIALECT |
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Masbaneto, Cebuano, |
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Hiligaynon and Bicolano |
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CLIMATE |
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Type II and III |
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MAJOR PRODUCTS |
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Copra, Aquamarine, |
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Cattle and Gold |
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