The US allocates 145,235 metric tons of sugar quota to the Philippines

Published Jul 21, 2022

Tridge summary

The US government has announced its allocation of in-quota raw cane sugar for FY 2023, with the Philippines receiving 145,235 metric tons, the second largest allocation after the Dominican Republic. A total of 1,117,195 metric tons of raw value sugar allocation is available for the US market under tariff-rate quotas (TRQs) for both raw cane sugar and sugar-containing products. The allocation is subject to verification of origin and is divided among various sugar-producing countries, with Canada receiving the largest allocation for sugar-containing products.

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Original content

The US government has granted the Philippines 145,235 metric tons of in-quota raw cane sugar allocation for fiscal year 2023, the office of the US Trade Representative (USTR) announced. . The USTR said that 1,117,195 metric tons raw value (MTRV) in total in-quota sugar allocation may enter the US market under the tariff-rate quotas (TRQs) on imported raw cane sugar and sugar-containing products for Fiscal Year (FY) 2023 (October 1, 2022 through September 30, 2023). The USTR announcement followed after the Foreign Agricultural Service of the U.S. Department of Agriculture announced the establishment of the in-quota quantity for raw cane sugar for FY 2023 on July 11, 2022. The sugar volume allocation is the minimum amount to which the US committed under the World Trade Organization (WTO) Agreement. The sugar in-quota allocation is being divided among sugar producing countries. After the Dominican Republic, which has in-quota allocation of 189,343 MTRV, the Philippines got the second ...

Source: Mb