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Despite record production and ample stocks, the Philippines is forecast to import a record volume of rice. Large imports are spurred in part by high domestic prices and the recent government decision to reduce tariffs from 35 to 15 percent.
This report provides information on the food and agricultural product import requirements for Bosnia and Herzegovina. Important points of contact for U.S. food exporters are listed in the appendices.
This report provides guidance and lists and describes certificates/documents that must accompany food and agricultural products exported to Bosnia and Herzegovina as required by pertaining regulations. Report last updated: June 2024.
Fueled by a rebound in hospitality and food service, the Philippine economy outperformed Singapore, Thailand, Malaysia, and Indonesia in 2023 despite inflationary pressure. Total U.S. agricultural and related exports to the Philippines reached $3.6 billion in 2023 with U.S. consumer-oriented and intermediate agricultural exports ranking the highest in Southeast Asia.
On June 20, 2024, President Ferdinand Marcos Jr. issued Executive Order No. 62 (EO 62) modifying the import duty rates of various commodities. EO 62 provides a multi-year comprehensive tariff schedule and applies to commodities subject to the Most Favored Nation (MFN) rates.
Fueled by Filipinos' fondness for food indulgences, rising disposable incomes, and increasing urbanization, the $1.2 billion confectionery and ice cream market is expected to see robust growth of eight percent annually through 2028.
On May 7, 2024, the Department of Energy (DOE) Secretary signed three Department Circulars (DCs) on the implementing guidelines and specifications for the roll-out of voluntary E20 gasoline and mandatory B3 diesel blends.
Post sees Philippine biofuels consumption recovering in 2024 in line with economic growth, as fuel ethanol demand grows 8 percent to 682 million liters and biodiesel increases at 0.8 percent to 240 million liters.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
This report outlines the Philippine government’s required documents from the United States in order to facilitate the importation of U.S. food and agricultural products.
This report outlines Philippines government's requirements for the importation of food and agricultural products. The report aims to assist U.S. exporters by providing information on labeling, packaging, permitted ingredients, and other relevant considerations.
President Ferdinand R. Marcos Jr. has ordered the Department of Agriculture (DA) to further streamline administrative procedures and policies on the importation of agricultural products and remove non-tariff barriers to help ensure food security.