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According to the Philippine "Business Mirror" (Business Mirror) reported on January 31, the Philippine Statistics Authority (PSA) data shows that due to logistics problems and increased competition, the Philippine banana export value in 2021 will drop 31% to 1.
123 billion US dollars.
The lowest in five years, banana exports fell by 36.
5% to 2.
419 million tons
.
Japan and China are the largest and second largest export markets for Philippine bananas.
In 2021, the CPP will export 920,000 tons and 910,000 tons of bananas to Japan and China, down 34.
8% and 21.
6% year-on-year respectively
.
123 billion US dollars.
The lowest in five years, banana exports fell by 36.
5% to 2.
419 million tons
.
Japan and China are the largest and second largest export markets for Philippine bananas.
In 2021, the CPP will export 920,000 tons and 910,000 tons of bananas to Japan and China, down 34.
8% and 21.
6% year-on-year respectively
.
