Browse Data and Analysis

On August 24, 2023, the Philippines marked Bt cotton as the 4th genetically engineered crop approved for commercial propagation after corn (2002), rice (2021), and eggplant (2022).

FAS Manila adjusts marketing year (MY) 2024 raw sugar production down to 1.8 million metric tons, 100,000 metric tons (MT) below USDA Official. Declining sugarcane planting areas and weather disturbances including the ongoing El Niño are expected to affect sugar production.

FAS Manila forecasts beef imports to remain flat at 200,000 MT Carcass Weight Equivalent (CWE) in 2024 because of low demand for imported beef.

FAS Manila expects rice imports to decline to 3.5 million MT as high prices in the international market and price ceilings ordered by the President disincentivize imports.

This report outlines Philippine government requirements for the importation of food and agricultural products.

The Philippines is the largest market for U.S. soybean meal (SBM) and the world’s top coconut oil (CNO) exporter.

The Philippines’ rapidly expanding processed food and beverage industry presents robust opportunities for U.S. exporters of agricultural raw materials and high-value ingredients.

Increased spending and growing dining habits of the emerging middle class in the Philippines have contributed to the growth of the HRI sector by 6.7 percent from 2015 with sales of US$12 billion.

Implemented in January 2018, a Philippine tax reform program that cuts personal income taxes should increase disposable incomes and raise food and feed consumption in MY18/19 onwards.