Impact of the Japan-Philippines Economic Partnership Agreement on the Export Performance of Philippine Prawns

The study determined the impact of Japan Philippine prawn exports. Secondary data covering the period 1990 and multiple regression analyses. Trend analysis reveal implementation. However, growth in share of Philippine prawn exports to Japan was noted to have increased. Decreasing domestic production as well as Japan’s decreasing import demand for prawn were among reasons cited. South Korea and USA served as alternative trade destinations. Aside from JPEPA, results of the multiple regression analysis revealed that the domestic wholesale price of prawn and foreign exchange rate significantly affected the volume by the Philippine prawn export industry included: disease outbreak; high cost of feeds; competition with other exporters of prawn to Japan; and global economic recession. It was recom prawn be improved in order to lower the domestic price and give incentive to prawn growers to export. Of critical concern is the deliberate maintenance of the Philippines’ prawn exports being regarded as of good quality as it has been free from antibiotic and other chemical residues.