{"id":191445,"date":"2025-10-28T20:27:43","date_gmt":"2025-10-28T19:27:43","guid":{"rendered":"https:\/\/efecomunica.efe.com\/?p=191445"},"modified":"2025-11-12T12:45:49","modified_gmt":"2025-11-12T11:45:49","slug":"ecuadors-banana-exports-grow-despite-trump-tariffs","status":"publish","type":"post","link":"https:\/\/efecomunica.efe.com\/en\/ecuadors-banana-exports-grow-despite-trump-tariffs\/","title":{"rendered":"Ecuador\u2019s banana exports grow despite Trump tariffs"},"content":{"rendered":"<p><strong data-start=\"976\" data-end=\"1014\">Guayaquil, Ecuador, Oct 28 (EFE).\u2014<\/strong> <strong data-start=\"1015\" data-end=\"1065\">Tariffs imposed by U.S. President Donald Trump<\/strong> have not stopped <strong data-start=\"1083\" data-end=\"1094\">Ecuador<\/strong>, the <strong data-start=\"1100\" data-end=\"1131\">world\u2019s top banana exporter<\/strong>, from increasing shipments to the <strong data-start=\"1166\" data-end=\"1183\">United States<\/strong> this year \u2014 a trend exporters say challenges <strong data-start=\"1229\" data-end=\"1272\">Europe\u2019s artificially low banana prices<\/strong>.<\/p>\n<div class=\"media-content-img\" style=\"margin-bottom: 20px;\"><\/div>\n<h2 data-start=\"1280\" data-end=\"1334\"><strong data-start=\"1284\" data-end=\"1334\">Tariffs fail to slow Ecuador\u2019s export momentum<\/strong><\/h2>\n<p data-start=\"1336\" data-end=\"1669\"><strong data-start=\"1336\" data-end=\"1360\">Jos\u00e9 Antonio Hidalgo<\/strong>, executive director of the <strong data-start=\"1388\" data-end=\"1441\">Association of Banana Exporters of Ecuador (AEBE)<\/strong> and coordinator of the <strong data-start=\"1465\" data-end=\"1507\">Ecuadorian Banana and Plantain Cluster<\/strong>, told EFE that exports to the U.S. market have <strong data-start=\"1555\" data-end=\"1603\">grown 8.39% in cargo volume since early 2025<\/strong>, despite tariff increases from <strong data-start=\"1635\" data-end=\"1668\">10% in April to 15% in August<\/strong>.<\/p>\n<p data-start=\"1671\" data-end=\"1944\">\u201c<strong data-start=\"1672\" data-end=\"1801\">U.S. supermarkets have passed these costs on to consumers, yet people are still buying far more bananas than any other fruit,<\/strong>\u201d Hidalgo said during <strong data-start=\"1823\" data-end=\"1843\">Banana Time 2025<\/strong>, Ecuador\u2019s flagship <strong data-start=\"1864\" data-end=\"1894\">banana industry convention<\/strong> and the largest of its kind in <strong data-start=\"1926\" data-end=\"1943\">Latin America<\/strong>.<\/p>\n<p data-start=\"1946\" data-end=\"2200\">By <strong data-start=\"1949\" data-end=\"1962\">July 2025<\/strong>, Ecuador\u2019s banana exports to the United States were <strong data-start=\"2015\" data-end=\"2037\">worth $377 million<\/strong>, up <strong data-start=\"2042\" data-end=\"2051\">14.6%<\/strong> from the same period in 2024. The <strong data-start=\"2086\" data-end=\"2094\">U.S.<\/strong> is Ecuador\u2019s <strong data-start=\"2108\" data-end=\"2133\">largest banana market<\/strong> after the <strong data-start=\"2144\" data-end=\"2162\">European Union<\/strong>, <strong data-start=\"2164\" data-end=\"2174\">Russia<\/strong>, and the <strong data-start=\"2184\" data-end=\"2199\">Middle East<\/strong>.<\/p>\n<blockquote>\n<p data-start=\"2202\" data-end=\"2339\">\u201c<strong data-start=\"2203\" data-end=\"2323\">We realized that passing on those costs didn\u2019t hurt demand; it actually increased it. That\u2019s the message for Europe,<\/strong>\u201d Hidalgo noted.<\/p>\n<\/blockquote>\n<figure style=\"width: 1120px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-rss-efe-singlepost-thumb\" src=\"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2025\/10\/rss-efe577637d1edbb5acb2cbc2cff7022924c3ed5b7b9w-1120x747.jpg\" alt=\"Photo of Jos\u00e9 Antonio Hidalgo, executive director of the Ecuadorian Banana Exporters Association (AEBE), speaking during an interview with EFE in Guayaquil, Ecuador. EFE\/ Jonathan Miranda Vanegas \" width=\"1120\" height=\"747\" data-description=\"Photo of Jos\u00e9 Antonio Hidalgo, executive director of the Ecuadorian Banana Exporters Association (AEBE), speaking during an interview with EFE in Guayaquil, Ecuador. EFE\/ Jonathan Miranda Vanegas \" data-image-title=\"Imagen- Ecuador\u2019s banana exports grow despite Trump tariffs\" data-attachment-id=\"191449\" data-permalink=\"https:\/\/efecomunica.efe.com\/?attachment_id=191449#main\" data-orig-file=\"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2025\/10\/rss-efe577637d1edbb5acb2cbc2cff7022924c3ed5b7b9w.jpg\" data-orig-size=\"1920,1280\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;EFE&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Photo of Josu00e9 Antonio Hidalgo, executive director of the Ecuadorian Banana Exporters Association (AEBE), speaking during an interview with EFE in Guayaquil, Ecuador. EFE\/ Jonathan Miranda Vanegas&quot;,&quot;created_timestamp&quot;:&quot;1760645341&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Ecuadoru0092s banana exports grow despite Trump tariffs&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-description=\"&lt;p&gt;Photo of Jos\u00e9 Antonio Hidalgo, executive director of the Ecuadorian Banana Exporters Association (AEBE), speaking during an interview with EFE in Guayaquil, Ecuador. EFE\/ Jonathan Miranda Vanegas&lt;\/p&gt; \" data-image-caption=\"&lt;p&gt;Photo of Jos\u00e9 Antonio Hidalgo, executive director of the Ecuadorian Banana Exporters Association (AEBE), speaking during an interview with EFE in Guayaquil, Ecuador. EFE\/ Jonathan Miranda Vanegas&lt;\/p&gt; \" data-medium-file=\"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2025\/10\/rss-efe577637d1edbb5acb2cbc2cff7022924c3ed5b7b9w-300x200.jpg\" data-large-file=\"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2025\/10\/rss-efe577637d1edbb5acb2cbc2cff7022924c3ed5b7b9w-1024x683.jpg\" \/><figcaption class=\"wp-caption-text\">Photo of Jos\u00e9 Antonio Hidalgo, executive director of the Ecuadorian Banana Exporters Association (AEBE), speaking during an interview with EFE in Guayaquil, Ecuador. EFE\/ Jonathan Miranda Vanegas<\/figcaption><\/figure>\n<h2 data-start=\"2728\" data-end=\"2758\"><strong data-start=\"2732\" data-end=\"2758\">Fair pricing in Europe<\/strong><\/h2>\n<p data-start=\"2760\" data-end=\"3025\">Hidalgo emphasized that the <strong data-start=\"2788\" data-end=\"2810\">banana value chain<\/strong> still faces major challenges. He called for <strong data-start=\"2855\" data-end=\"2875\">fair recognition<\/strong> of the fruit\u2019s real value and the <strong data-start=\"2910\" data-end=\"2931\">work of producers<\/strong>, particularly in light of <strong data-start=\"2958\" data-end=\"2992\">supermarket pricing strategies<\/strong> that keep retail prices too low.<\/p>\n<p data-start=\"3027\" data-end=\"3131\">\u201c<strong data-start=\"3028\" data-end=\"3121\">Now (with the U.S. tariffs), we see proof that when prices go up, consumption also rises,<\/strong>\u201d he said.<\/p>\n<blockquote>\n<p data-start=\"3133\" data-end=\"3408\">\u201c<strong data-start=\"3134\" data-end=\"3268\">We have to stop being the cheapest fruit on supermarket shelves in Europe. Supermarkets must take responsibility toward consumers,<\/strong>\u201d he added, stressing that bananas \u201c<strong data-start=\"3304\" data-end=\"3407\">should be sold with an appreciation of the fair stories behind sustainability, safety, and quality.<\/strong>\u201d<\/p>\n<\/blockquote>\n<h2 data-start=\"3415\" data-end=\"3464\"><strong data-start=\"3419\" data-end=\"3464\">European supermarkets join the discussion<\/strong><\/h2>\n<p data-start=\"3466\" data-end=\"3692\">The <strong data-start=\"3470\" data-end=\"3503\">German supermarket chain Aldi<\/strong> took part in <strong data-start=\"3517\" data-end=\"3537\">Banana Time 2025<\/strong>, held in <strong data-start=\"3547\" data-end=\"3576\">Guayaquil from Oct. 14\u201317<\/strong>, to present its <strong data-start=\"3593\" data-end=\"3624\">long-term purchasing policy<\/strong> aimed at <strong data-start=\"3634\" data-end=\"3658\">ensuring fair prices<\/strong> for both consumers and producers.<\/p>\n<p data-start=\"3694\" data-end=\"3820\">\u201c<strong data-start=\"3695\" data-end=\"3805\">That was an important message for the global industry. We hope more supermarkets will follow that example,<\/strong>\u201d Hidalgo said.<\/p>\n<h2 data-start=\"3827\" data-end=\"3868\"><strong data-start=\"3831\" data-end=\"3868\">Ecuador\u2019s competitiveness in Asia<\/strong><\/h2>\n<p data-start=\"3870\" data-end=\"4036\">In the <strong data-start=\"3877\" data-end=\"3900\">Asia-Pacific region<\/strong>, <strong data-start=\"3902\" data-end=\"3910\">AEBE<\/strong> sees major opportunities for <strong data-start=\"3940\" data-end=\"3951\">Ecuador<\/strong> to expand exports of its <strong data-start=\"3977\" data-end=\"3996\">premium bananas<\/strong> to <strong data-start=\"4000\" data-end=\"4033\">China, South Korea, and Japan<\/strong>.<\/p>\n<p data-start=\"4038\" data-end=\"4219\">The country\u2019s <strong data-start=\"4052\" data-end=\"4107\">310,000 hectares of banana and plantain plantations<\/strong>, combined with the <strong data-start=\"4127\" data-end=\"4166\">gradual reduction of import tariffs<\/strong>, have created favorable conditions in those markets.<\/p>\n<h2 data-start=\"4226\" data-end=\"4264\"><strong data-start=\"4230\" data-end=\"4264\">South Korea as a success story<\/strong><\/h2>\n<p data-start=\"4266\" data-end=\"4443\">Hidalgo cited <strong data-start=\"4280\" data-end=\"4295\">South Korea<\/strong> as the best example. When its government <strong data-start=\"4337\" data-end=\"4401\">temporarily cut tariffs on Ecuadorian bananas from 30% to 0%<\/strong> for one year, <strong data-start=\"4416\" data-end=\"4442\">exports surged by 200%<\/strong>.<\/p>\n<p data-start=\"4445\" data-end=\"4653\">In <strong data-start=\"4448\" data-end=\"4456\">2024<\/strong>, Ecuador\u2019s banana exports to South Korea <strong data-start=\"4498\" data-end=\"4521\">totaled $46 million<\/strong>, up from <strong data-start=\"4531\" data-end=\"4554\">$15 million in 2023<\/strong>. By <strong data-start=\"4559\" data-end=\"4572\">July 2025<\/strong>, sales reached <strong data-start=\"4588\" data-end=\"4603\">$33 million<\/strong>, a <strong data-start=\"4607\" data-end=\"4623\">23% increase<\/strong> over the same period in 2024.<\/p>\n<h2><strong data-start=\"4664\" data-end=\"4701\">Long-term growth in Asian markets<\/strong><\/h2>\n<p data-start=\"4703\" data-end=\"4893\"><strong data-start=\"4703\" data-end=\"4711\">AEBE<\/strong> expects a similar trend in <strong data-start=\"4739\" data-end=\"4748\">China<\/strong>, where a <strong data-start=\"4758\" data-end=\"4803\">free trade agreement effective since 2024<\/strong> will <strong data-start=\"4809\" data-end=\"4860\">reduce tariffs by one percentage point per year<\/strong> until they reach <strong data-start=\"4878\" data-end=\"4892\">0% in 2034<\/strong>.<\/p>\n<p data-start=\"4895\" data-end=\"5058\">Exporters see this as a <strong data-start=\"4919\" data-end=\"4951\">long-term growth opportunity<\/strong> for <strong data-start=\"4956\" data-end=\"4983\">Ecuador\u2019s banana sector<\/strong>, supported by increasing demand for <strong data-start=\"5020\" data-end=\"5045\">premium-quality fruit<\/strong> across Asia.<\/p>\n<p><em>EFE published this report with the support of the Association of Banana Exporters of Ecuador.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guayaquil, Ecuador, Oct 28 (EFE).\u2014 Tariffs imposed by U.S. President Donald Trump have not stopped Ecuador, the world\u2019s top banana exporter, from increasing shipments to the United States this year [&hellip;]<\/p>\n","protected":false},"author":198164071,"featured_media":191446,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[123771],"tags":[],"class_list":["post-191445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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