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.
Source
Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
Implementation date
01 Jan 2029
Revocation date:
31 Dec 2025
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...
Implementation date
05 Jul 2024
Revocation date:
31 Dec 2028
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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