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Economy of Masbate Island

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Masbate is endowed with rich natural resources. In line with its agriculture are other industries such as large farming, livestock and poultry raising. Along its coastal areas, fishing industry predominates. Agricultural lands are planted with rice, corn, rootcrops and coconut.

Masbate ranks second only to Bukidnon in raising cattle. About 70% of these are sold to Metro Manila and other provinces in Luzon. Farming is the main source of livelihood. Copra is the leading product, followed by corn, rice and rootcrops. Fishing is a major industry along the coast.

Manufacturing firms are in the copra industry,

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