The strong export performance allowed the Philippines to overtake Colombia and widen its lead over Costa Rica and Guatemala, the DTI said.
The latest figures restore the country’s 2020 global ranking and reverse the steady decline in export volumes recorded between 2021 and 2024.
The earlier downturn was largely attributed to pest infestations and adverse weather conditions that disrupted production and constrained trade, particularly in major banana-growing regions.
Industry recovery gains
Trade Secretary Cristina A. Roque said the rebound reflects both the resilience of Filipino banana farmers and the impact of sustained government support under the administration of President Ferdinand R. Marcos Jr.
“Reclaiming second place globally underscores the resilience of our farmers and the strength of our trade strategy,” Roque said.
She added that the DTI remains committed to sustaining the sector’s momentum through industry upgrading, investment promotion, and deeper integration into global value chains to enhance long-term competitiveness.
Trade deals boost
A key driver of the sector’s recovery has been the strategic use of trade agreements, particularly the Regional Comprehensive Economic Partnership (RCEP) and the Philippines–South Korea Free Trade Agreement.
These agreements have reduced or eliminated tariffs, giving Philippine bananas a price advantage in major Asian markets.
Roque said the government is working to replicate this success across other high-value agricultural exports, including mangoes and ube.
Export support expanded
The DTI’s Export Marketing Bureau (EMB) has intensified efforts to help farmers and exporters maximize the benefits of free trade agreements. This includes conducting “Doing Business in Free Trade Areas” seminars to guide exporters in securing Certificates of Origin for zero-tariff market access.
In addition, the EMB has expanded the issuance of Export-Oriented Enterprise (EOE) certifications to qualified banana exporters. These certifications allow firms to source production inputs at more competitive prices, lowering costs and improving product quality.
Economic Impact Widens
The DTI said the banana industry’s renewed global standing carries significant economic impact, as the sector remains a major source of rural employment and foreign exchange earnings.
By regaining competitiveness on the global stage, the Philippines strengthens rural livelihoods and reinforces its credibility as a reliable agricultural exporter. —Ed: Corrie S. Narisma
