Philippines: Corn TRQ Administration

  |   Attaché Report (GAIN)   |   RP2023-0018

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ensued, and in turn, so followed widespread concern among local stakeholders for the process being anti-competitive, outdated, and potentially inconsistent with the Philippines' commitments with trading partners. This report aims to examine how TRQ administration has worked for corn and identify the root causes of the problems. Until further reforms are made, the government's policy objective to provide relief from elevated prices via the temporarily lowered tariffs are likely to remain muted.

Related Reports

Attaché Report (GAIN)

Algeria: Exporter Guide Annual

The exporter guide provides an economic and market overview, as well as demographic trends and practical tips for U.S. exporters on Algeria. The report provides an overview of the three market sectors - food retail, food service, and food processing in Algeria.
Attaché Report (GAIN)

Zimbabwe: Grain and Feed Annual

Zimbabwe’s production of its staple crop, corn, is expected to drop by almost 60 percent in marketing year 2024/25 due to extreme drought conditions associated with the El Niño weather phenomenon.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices dropped one percent due to the weakening of the Thai baht.