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However, the situation in Russia and Ukraine continued to be tense, and the country's banana exports were severely impacted.
A large number of harvested bananas had to be piled up in plantations and gradually rotted .
Millions of boxes of bananas are stuck in the hands of farmers, and buyers are hard to find in the short term
CCTV reported that Ecuador's banana exports to Russia can account for about 20% of its total exports
.
Last month, about 1 million boxes of bananas were stuck in the hands of farmers in Ecuador without a foreign buyer
.
If all are supplied to the domestic market, the price of bananas will fall further
.
Even now, compared with the cost of 5.
5 US dollars per box, which is about 35 yuan, the purchase price of bananas received by local banana farmers has been significantly lower than the cost price
.
.
Last month, about 1 million boxes of bananas were stuck in the hands of farmers in Ecuador without a foreign buyer
.
If all are supplied to the domestic market, the price of bananas will fall further
.
Even now, compared with the cost of 5.
5 US dollars per box, which is about 35 yuan, the purchase price of bananas received by local banana farmers has been significantly lower than the cost price
.
Franklin, president of the Federation of Banana Producers of Ecuador, said that the price of a box of bananas is less than 2 US dollars, in fact, it is only 1 to 1.
2 US dollars, which has caused a very big impact on our industry
.
2 US dollars, which has caused a very big impact on our industry
.
Figures for 2021 show that Ecuador's domestic banana cultivation area will reach 160,000 hectares, directly and indirectly providing 300,000 jobs
.
Affected by the situation in Russia and Ukraine, at least 6,000 people have lost their jobs
.
.
Affected by the situation in Russia and Ukraine, at least 6,000 people have lost their jobs
.
Last week, some banana farmers protested in Guayaquil, hoping the government would buy some of the bananas or help expand sales
.
But Ecuadorian President Russo said it was unrealistic to find buyers with sufficient demand in the short term
.
.
But Ecuadorian President Russo said it was unrealistic to find buyers with sufficient demand in the short term
.
Ecuadorian banana exports are expected to double if the China-Ecuador FTA is signed
According to China Trade News, in recent years, the economic and trade cooperation between China and Ecuador has achieved remarkable results, and China has become Ecuador's second largest trading partner for two consecutive years
.
Recently, China and Ecuador officially launched free trade agreement negotiations.
Ecuador is expected to become the fourth Latin American country to sign a free trade agreement with China.
Products from Ecuador are also expected to enter the Chinese market at a lower cost
.
.
Recently, China and Ecuador officially launched free trade agreement negotiations.
Ecuador is expected to become the fourth Latin American country to sign a free trade agreement with China.
Products from Ecuador are also expected to enter the Chinese market at a lower cost
.
The Ecuadorian Banana Association predicts that the signing of the Ecuador-China Free Trade Agreement will significantly improve the export prospects of its banana industry, which will not only double the export volume, but also greatly enhance the international competitiveness of the Ecuadorian banana industry
.
.
Ecuadorian economic analyst Calderon said that in addition to promoting positive trends in foreign trade and employment, local people can also enjoy more preferential Chinese products through this agreement
.
.
