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Market Year (MY) 2019/20 sugar consumption is forecast to increase marginally to 2.3 million metric tons (MMT), following a flat 2018/19 when sugar sweetened beverage consumption slowed....
The Philippines is the largest market for U.S. soybean meal (SBM) and the world’s top coconut oil (CNO) exporter.
On March 5, 2019, the Implementing Rules and Regulations (IRRs) of the Rice Tariffication Act were signed, specifying how the Philippines will replace its quantitative restrictions on rice imports....
The robust local beer manufacturing industry presents strong opportunities for U.S. exporters of brewing ingredients. Beer is the most widely consumed alcoholic beverage....
Philippine agriculture contracted 4.53 percent in the first quarter of 2016 due to a prolonged dry spell and damages caused by typhoons in the later part of 2015.
The Philippines and Member States of the European Free Trade Association (EFTA) – Iceland, Liechtenstein, Norway, and Switzerland – signed a comprehensive Free Trade Agreement (FTA) on April 28, 2016.
The U.S. has long been the leading supplier of wines to the Philippines and, since 2009, the Philippines has been the largest U.S. wine market in Southeast Asia in terms of volume.