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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ensued, and in turn, so followed widespread concern among local stakeholders for the process being anti-competitive, outdated, and potentially inconsistent with the Philippines' commitments with trading partners.
Philippine imports of pulses and other leguminous vegetables in various formats (dry, frozen, flour, and prepared foods) grew 48 percent in the past five years to $88 million in 2022.
Philippine agriculture contracted 1.4 percent in 2016, attributed mostly to damage from typhoons Karen and Haima during the 4th quarter.
This report outlines Philippine government requirements for the importation of food and agricultural products.