00:00The Department of Agriculture and Japan is now talking about lowering the rate of exported bananas from the Philippines to Japan.
00:08Under the Philippine-Japan Economic Partnership Agreement, the rate of bananas exported is 18% in the winter season, while the rate is 8% in the summer.
00:19The country is not at a loss because the rate is still high compared to other countries.
00:23On the other hand, 75% of the market share of the Philippines in Japan comes from bananas.
00:29More than 60,000 tons of bananas were exported to Japan, according to the latest figure in 2023.
