The Philippines extends its reduced import tariffs

The Philippines introduced reduced tariffs on pork imports in 2021 to offset African swine fever (ASF)-related losses in domestic pork production and to address supply issues. Now, the Philippine government has extended the reduced import duties until December 31, 2023. These apply to fresh, chilled and frozen pork and are 15% in-quota and 25% out-quota. Previously the rates were 30% and 40% respectively. The EU benefits from this measure Community pork exporters benefit from this measure as access to the Philippine market is facilitated. Pork exports, including by-products, to the Philippines from January to October 2022 increased by almost 31% to 388,850 t compared to the same period last year, according to data from the European Commission. After China, the Philippines was the second largest buyer of EU third-country exports. For its part, the US had to accept a 48% drop in sales to 38,600 t in the first ten months compared to the previous year. The PPA appeared in 2019 The ...