Philippines: New Import Inspection Regulations Raise Questions; Council Advocates a Fix

The Philippines has been the target of rampant smuggling, fraud and price and quantity mis-declaration in commodity imports. To address these issues, the Philippine Bureau of Customs (BOC) recently announced new regulations, effective June 1, 2014, requiring inspection and certification of all bulk and container imports at the port of loading, to be performed by one of a limited number of BOC-approved inspection companies. Importers are expected to absorb the costs of inspection, which are estimated to be $5-15 per metric ton, depending on the surveyor and the volume.

Market Profile - Philippines

Supply/Demand Basics

  • More or less 100% dependent on imported soymeal.
  • Top Asian destination for U.S soymeal.
  • SEA’s 2nd largest producer of corn with about 60% yellow and 40% white.
  • RA 9367 give authority for 5-10% blend rate with potential to E20.

Country Overview

  • Population: 102.6 million
  • Population growth: 1.59%
  • Urban %: 44.4
  • Urban growth: 1.32%
  • GDP: $741 billion
  • GDP growth: 5.8%
  • GDP per capita: $7,300
  • A complex archipelago with over 7,000 islands.
  • One of the faste

Typhoon Haiyan: Philippines Update

In the wake of Typhoon Haiyan, which hit the Philippines on Nov. 8, the U.S. Grains Council reached out to third-party cooperators for an update on the situation. Reports indicate that the typhoon did not cause significant damage to the Filipino agricultural import structures and the Simon Group of Companies, the largest importer of distiller's dried grains with solubles, are ok. Coconut production has been impacted which may be felt by the feed industry since Filipino feeders use coconut and its by-product copra meal as a feed ingredient.

MAP Funds Expand DDGS Programs in the Philippines

Adel Yusupov

By Adel Yusupov, U.S. Grains Council Regional Director for Southeast Asia

High prices of U.S. distiller's dried grains with solubles (DDGS) in the Philippines have ceased its use by most end-users and importers. However, since there is still strong interest for the product in the country, USDA's Market Access Program is more vital now than ever to maintain interest and increase demand once the price returns to a competitive level.

Council Expanding US DDGS Market in the Philippines

By Adel Yusupov, U.S. Grains Council Regional Director for Southeast Asia

Usage of U.S. distiller's dried grains with solubles (DDGS) in the Philippines has increased over the years; during 2012 the Philippines imported 164, 526 metric tons, up 12.75 percent from 2011. But there remains potential for growth, and the U.S. Grains Council is continuing to promote U.S. DDGS usage in various regions throughout the country.

Event Generates More Than $166 Million in US Ag Sales

Based on written feedback from those in attendance, the Southeast Asia Grain Transportation Conference in Singapore in late April resulted in more than $166 million in U.S. agriculture product sales. Purchases were made by companies in Thailand, Hong Kong, Vietnam, Singapore and Philippines.

The conference was organized jointly by the U.S. Grains Council and U.S. Soybean Export Council and was made pos­sible through Foreign Market Development (FMD) and Market Access Program (MAP) funding.

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