The Philippines has been granted permission by the United States to export 25,300 metric tons of raw sugar in fiscal year 2024, ending a four-year hiatus[1][2].
Additionally, the US has allocated an extra 145,235 metric tons of raw cane sugar for the Philippines at lower tariff rates in fiscal year 2025[1][3][5]. This move aims to boost domestic farm-gate prices by diverting a portion of the country's sugar supply to international markets amidst decreased market demand[4].
Citations:
[1] https://asianews.network/philippines-can-finally-export-raw-sugar-to-us/
[2] https://business.inquirer.net/471898/ph-can-finally-export-raw-sugar-to-us
[3] https://www.chinimandi.com/philippines-secures-us-sugar-export-quota/
[4] https://tradecouncil.org/philippine-plans-to-export-raw-sugar/
[5] http://www.ukrsugar.com/en/post/us-allows-raw-sugar-export-quota-for-philippines