Global Trade Alert
Global Trade Alert

Philippines: Government temporarily reduced rice import duty until 2028

Announcement

20 Jun 2024

In June 2024, the government of the Philippines temporarily reduced rice import duty until 2028. In November 2025, the flat duty was replaced with the new mechanism for revising import duties on rice regularly in accordance with international market conditions, starting from 1 January 2026.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2029

Revocation date:

31 Dec 2025

Updated: 20 Jun 2024
Import tariff

Recent update from 09 Nov 2025:

Update

On 9 November 2025, the President of the Philippines amended Executive Order No. 62/2024, replacing the 35% flat duty rate with the new mechanism for revising import d...

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Implementation date

05 Jul 2024

Revocation date:

31 Dec 2028

Updated: 20 Jun 2024
Import tariff In force

On 20 June 2024, the government of the Philippines issued Executive Order No.62/2024, reducing rice import duty temporarily from 35% to 15% for out-quota and in-quota imports. The affected pro...

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