
Commercial Banana Chips Business Plan Philippines
Philippine Banana Background The Philippines is one of the top four banana producers. As long as you are in the banana industry, you seem to know the "power" of Philippine bananas. The country is also the world's leading exporter of banana chips, having exported to 30 countries, of which the US and the EU are the main importers. Philippine bananas have a long history of cultivation. In 2021, the Philippine banana industry requires the government to invest at least 4.088 billion pesos (about 500 million yuan) within four years to increase local banana production and maintain the Philippines' market position as the world's leading banana grower. In recent years, among the bananas imported by Chinese customs, Philippine bananas ranked first, accounting for about 70%, followed by Ecuador, accounting for about…