The Philippines imported 1.7 million tons of rice in the first five months of 2025, down 20.9% from a year ago.

MANILA, Philippines – The country’s rice imports are expected to decline this ... mainly due to the drop in palay prices and the widening gap between requirements and local production ...

The P7 per kilo drop in rice prices ... increased the buying price of rice by $40, from $580 to $620 per metric ton (MT). In 2023, the country imported at least 2.99 million MT from Vietnam or 83 ...

That is the total volume of rice that the Philippines may import this year ... Domestic rice harvest, meanwhile, is projected to drop by 300,000 MT year-on-year to 12.325 million MT from 12. ...

The Philippines, the world’s top rice importer, plans to look beyond its dominant supplier, Vietnam, to ensure steady ...

Economic managers are banking on the entry of imports slapped with a lower tariff rate to pull prevailing retail rice prices to below P50 per kilo. The Philippine Statistics Authority earlier ...

MANILA, Philippines — Rice prices may drop by as much as P9 per kilo this ... millers, traders, importers, and retailers—estimated that rice prices would significantly drop to as low as ...

Despite this downturn, the United States Department of Agriculture (USDA) projects that the Philippines will remain the world ...