China Cuts Imports of 290,000 Tonnes of Philippine Bananas | Philippines Loses $170 Million!

Описание: #china #chinanews #Asia #Philippine #fruit #banana #trade

The Philippines has always been one of the main countries for China's banana imports, especially from 2022 to 2023, it has become China's largest banana supplier for two consecutive years. But the situation has changed a lot since 2024.

In the first five months of this year, China's banana imports from the Philippines began to drop sharply. From January to May, China imported a total of 800,000 tons of bananas, of which 380,000 tons were Vietnamese bananas, accounting for almost half of the total imports.

Only 150,000 tons of bananas were imported from the Philippines, with a value of only US$80 million. This figure is 44% lower than the same period last year, and the Philippines has lost about US$170 million.

Local farmers are very dissatisfied with this, and they even feel that China's practice is unfair.

So, do you know why China suddenly reduced its imports of Philippine bananas?

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