PH, China world’s top rice importers

ph china worlds top rice importers

Sumary of PH, China world’s top rice importers:

  • To recall, President Rodrigo Duterte issued Executive Order (EO) 135 last May, effectively lowering the MFN tariff on rice so that the original 40 percent in-quota tariff and 50 percent out-of-quota tariff have both been reduced to 35 percent..
  • However, USDA pointed out that these non-ASEAN Asian countries would need to increase consumer awareness and build business relationships in order to make significant gains in market share in the Philippines….

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