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The Philippines maintains a Tariff Rate Quota (TRQ) for corn (H.S. 1005). Following the reduction of tariffs in 2022 and their extension in 2023, significant interest in how to access the in-quota tariff ensued, and in turn, so followed widespread concern among local stakeholders for the process being anti-competitive, outdated, and potentially inconsistent with the Philippines' commitments with trading partners.
On February 22, 2023, the Philippine Tariff Commission announced that it will commence a Comprehensive Review of the Most Favored Nation (MFN) Tariff Schedule, covering all products/tariff lines falling under Chapters 1 to 97 of Section 1611 of the CMTA, to set the MFN Tariff Schedule for 2024 to 2028.
This report provides the standard rules and regulations relevant to the administration of the Philippines' tariff-rate quotas, known locally as Minimum Access Volumes (MAV) and, when authorized, MAV Plus.
This report outlines the Philippine government requirements for the importation of rice, including significant developments since 2022, when the government generally stopped approving issuances of the Sanitary-Phytosanitary Import Clearance (SPSIC) import permit.
On January 13, 2023, President Ferdinand R. Marcos, Jr. signed Executive Order (EO) 13, series of 2023, extending 5 percent tariffs for mechanically deboned or separated poultry (chicken and turkey) imports through December 31, 2024. The EO was published on January 20, 2023 and takes effect immediately.
With one of the highest dog and cat ownership rates in Asia, the Philippines presents a growing opportunity for U.S. pet food. As pets became more popular household companions, especially during the pandemic, pet ownership and pet food sales have grown immensely over the past five years.
The Philippines ranks as the seventh largest market for U.S. agricultural exports and the largest destination for U.S. consumer-oriented products in Southeast Asia.
Singapore’s economy is rebounding strongly from the COVID-19 pandemic. The city-state’s highly import dependent, multi-billion dollar food industry is driven by robust consumer spending, high disposable incomes, and intense urbanization.
This report provides updated technical information for requirements and regulations on food and agricultural products as currently required by the Government of Indonesia (GOI). Sections that have been updated for this year include Food Additive...
Vietnam’s Ministry of Agriculture and Rural Development (MARD) issued Circular 19/2022 on December 2, 2022, revising the List of Pesticides Approved for Use and the List of Pesticides Banned from Use in Vietnam.
On December 29, 2022, President Ferdinand R. Marcos, Jr. signed Executive Order 10, series of 2022, extending lowered 5 percent tariffs for corn imports, 15 percent tariffs for pork imports, and 35 percent tariffs for rice imports through December 31, 2023.
This report serves as a practical guide for U.S. exporters wishing to initiate or increase exports of U.S. consumer-oriented and seafood products to Vietnam. It provides an overview of the market potential, practical tips, consumer preferences and trends, food standards and regulations, import and inspection procedures, and useful contacts.