The Philippines is a country that has little low-forest cover left, but it still has many useful forest species. Despite the decline of forest area and the degradation of forests, many of the poorest households, both indigenous and migrant, are pushed into the remaining forest area and depend on forest goods for their subsistence and monetary income. These goods are inevitably nonwood forest products (NWFPs) because timber extraction is now illegal in many parts of the country. The extraction of nonwood forest products, such as resin and rattan, is the only source of a cash income for many households. However, despite the long tradition of NWFP extraction in forest-edge villages, the income that collectors get from these products is still minimal. The impediments to a more equitable and efficient trade in NWFPs are examined, and possible ways of adding value locally to NWFPs are presented, using almaciga (Agathis philippinensis) resin extraction as a case study.