Philippines Set to Become Top Rice Importer Again with Record-High Imports

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Philippines Set to Become Top Rice Importer Again with Record-High Imports
RICE IMPORTSPHILIPPINESVIETNAM
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The Philippines is projected to import a record-high 4.7 million metric tons of rice by the end of the year, solidifying its position as the world's leading importer of this staple grain. This surpasses the Department of Agriculture's initial forecast of 4.5 million metric tons and is based on historical trends and data from the Bureau of Plant Industry, which shows rice shipments reaching 4.48 million metric tons from January 1 to December 12. Vietnam remains the largest supplier of rice to the Philippines, followed by Thailand, with imports also coming from Pakistan, Myanmar, and India.

A worker at a rice warehouse in Divisoria, Manila, takes a break from loading rice sacks onto a truck. The Philippines is expected to import a higher amount of rice than initially estimated this year, solidifying its position as the world’s leading importer of this staple grain.

Citing the National Rice Program’s projection, Agriculture Assistant Secretary Arnel de Mesa said rice imports could hit 4.7 MMT based on historical trend. This was higher than the DA’s initial forecast of 4.5 MMT. Rice importers are required to secure an SPSIC from the BPI before bringing in foreign rice stocks to ensure that an inbound shipment is safe for human and animal consumption.

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RICE IMPORTS PHILIPPINES VIETNAM THAILAND AGRICULTURE FOOD SECURITY

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