Friday 20 November 2009
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Costa Rica Tagged As Threat To Banana Exports to Mideast

Philippine banana exporters to the Middle East are threatened by an expected intensifying competition banana producer Costa Rica, an industry official said yesterday. Higher export prices are also seen if aerial spraying is banned, causing an increase in production cost.

This, after the top official of a banana industry group in Costa Rica announced last week that it targets doubling banana exports to the Middle East in one-and-a- half years.

"They have the land to do it. And even in far places [sic], they were able to ship," Anthony B. Sasin, spokesman of the Pilipino Banana Growers and Exporters Association (PBGEA), said.

He noted that Costa Rica can produce bananas in 200,000 hectares of land, more than triple the 600,000 hectares in the Philippines.

Last week Jorge Sauma, head of the Corporacion Bananera Nacional (Corbana), announced that Costa Rica targets doubling exports to 200,000 metric tons per year to the Middle East.

Costa Rica plans to educate traders about the quality of South American bananas and will try to consolidate shipment to save on freight costs.

Of the banana exports of the Philippines, the second leading banana exporter next to Ecuador, a tenth or 279,500-286,000 metric tons goes to the Middle East, Mr. Sasin said.
 
   
 

 

 


 
 
 
 

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