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- (-) December 2018
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Responding to inflationary pressures, the Philippine government is set to liberalize rice imports by converting Quantitative Restrictions to tariffs.
Ethanol production using sugarcane and molasses in 2018 is expected to increase to 270 million liters (ML) from 235 ML the previous year as aggregate capacity increases.
The Philippines is the 9th largest market in the world for U.S. agricultural products with 2012 export sales estimated at $2.3 billion, up ten percent from the previous year.