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Rice imports as of Sept rose 7.6% to 3M MT

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The Philippines has imported practically three million metric tons of rice as of September, in line with knowledge from the Bureau of Plant Business, 7.6 % greater than the two.8 million MT introduced in for the entire of 2021.

Vietnam was the primary supply, accounting for 82.5 % of the entire at 2.5 million MT, breaching final 12 months’s full-year import quantity of two.4 million MT.

Myanmar got here second with 203,879.280 MT, additionally increased than the 196,718.900 MT recorded final 12 months.

Thailand adopted with 150,416.375 MT, additionally a rise from the 2021 quantity of 131,256.500 MT.

At current, imported rice is topic to probably the most favored nation (MFN) tariff fee of 35 % each for in-quota and …

Carry on studying: Rice imports as of Sept rose 7.6% to 3M MT

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