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Banana farmers are looking to sell more to Asia

Posted On 31 Jan 2020

For banana growers who attended the event at the Wyndham hotel in Guayaquil, it is a good strategy to have Hidalgo in charge of the guild, who has the experience of knowing the Asian market , is the president of the Ecuadorian-Chinese Chamber of Commerce, vice president of the Fecabe Binational Chambers Federation, co-founder of Annex Asia Machinery & Asia Surveyors and member of the Academic Forum of the Latin America-Asia Pacific Observatory – Aladi, CAF and Cepal.

Banana farmers are looking to sell more to Asia

Last year 336 million boxes of 43 pounds of bananas were exported through the main ports of the country: Puerto de Guayaquil 74% and Puerto Bolívar 24%.

The largest banana markets in Ecuador are the European Union (28.42%), Russia (20.53%) and the United States (10.54%).

Regarding the Fusarium race 4 will continue to promote training on the subject, weeks ago experts in the field were brought to the country. If you have to remember that the sector has been working with the authorities to prevent the plague from reaching Ecuador. It is a work where producers and exporters have joined.

Hidalgo highlighted the fair in which banana farmers will participate in Germany, where it is expected to generate about 21 million dollars for the sale of the fruit. You travel with the intention of demonstrating that the banana sector has crops that are sustainable and that this allows you to harvest a premium product.

Hidalgo proposes to work commercial alliances with Asia , given that with China there are 10% tariffs; Korea, 25%; Japan with taxes that depends on the period and is between 10% and 20%. “Asia is looking to buy premium products and Ecuadorian bananas are, so there is the opportunity,” he said.

Until November 2019, Ecuador exported banana for 2,963.6 million dollars , according to the Central Bank of Ecuador (ECB).

https://www.expreso.ec/actualidad/economia/bananeros-buscan-vender-asia-4353.html

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