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Philippines Bans Rice Imports, Sets Tariff Guidelines for 2026

11/10/2025

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Summary

Story summary

President Ferdinand Marcos Jr. announced tariff guidelines for rice imports, effective January 1, 2026.
Duties will change by five percentage points for every 5% shift in world prices, with Most Favored Nation (MFN) rates between 15% and 35%.
To protect local farmers, the Philippines has banned rice imports until the end of 2025.
This year the country imported 3.5 million tons and projects 5 million tons in the 2025-26 season.

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Story summary

President Ferdinand Marcos Jr. announced tariff guidelines for rice imports, effective January 1, 2026.
Duties will change by five percentage points for every 5% shift in world prices, with Most Favored Nation (MFN) rates between 15% and 35%.
To protect local farmers, the Philippines has banned rice imports until the end of 2025.
This year the country imported 3.5 million tons and projects 5 million tons in the 2025-26 season.