PH retains 3rd spot in US sugar quota

The Philippines has once again secured a quota of 145,235 metric tons raw value (MTRV) of raw cane sugar at a lower tariff rate for the upcoming fiscal year (FY), according to the Office of the United States Trade Representative (USTR).

- By DEXTER BARRO II

In a statement over the weekend, the USTR announced that the Philippines will have the third-largest allocation for FY 2026, which runs from Oct. 1 to Sept. 30, 2026.

The country is only behind the Dominican Republic at 189,343 MTRV and Brazil at 155,993 MTRV, which also retained their raw sugar quotas.

The Philippines has been allowed to export 145,235 MTRV of raw cane sugar to the US under its tariff-rate quota (TRQ) system for the third-straight FY.

The TRQ, which is allocated based on historical trade volumes, allows countries to export specified quantities of a product to the US at a relatively low tariff.