Philippines: The Philippines Announces Renewed Sugar Exports to the United States

  |   Attaché Report (GAIN)   |   RP2024-0026

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Philippines: The Philippines Announces Renewed Sugar Exports to the United States
The Philippines is set to resume raw sugar exports to the United States under its sugar quota in August 2024. The Sugar Regulatory Administration (SRA) issued Sugar Order (SO) No. 3 on July 26, approving the export of 25,300 metric tons raw value (MTRV) of raw sugar in fulfillment of the United States tariff rate quota (TRQ) allocation for fiscal year 2024. This move comes in response to requests from sugar traders/exporters to allow them to export raw sugar. The Philippines last shipment of sugar to the United States was in marketing year (MY) 2020-2021. Concurrently, the country plans to import around 200,000 MT of refined sugar later this year to address an anticipated supply gap and to stabilize prices.
East Asia and the Pacific, Philippines
Sugar

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