Philippines pushes zero tariffs on banana exports to Japan

MANILA, Philippines — The Philippines is advocating for zero tariffs on its banana exports to Japan as it finalizes a bilateral trade agreement, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque stated that reducing tariffs on locally grown bananas is a key topic in the revised Japan–Philippines Economic Partnership Agreement (JPEPA) negotiations.

Roque explained that Japan currently imposes a 8% to 18% tariff on bananas, which is higher than the tariffs imposed on Filipino bananas by ASEAN countries. The Philippines aims to have zero tariffs on banana exports, although the final rate is still under negotiation. Roque emphasized that the government is open to discussions, noting that Japan has expressed willingness to engage in talks.

Bananas from the Philippines currently face an 18% tariff from October 1 to March 31, and an 8% tariff from April 1 to September 30. Last year, the Philippines exported nearly three million metric tons of fresh bananas, a slight increase from 2.33 million metric tons in 2023. The country has regained its position as the second-largest banana exporter after Ecuador, thanks to improved local production following a recovery from pest damage.

Roque added that both sides are working diligently to finalize the negotiations by November. They hope to conclude the JPEPA before the expiration of the current framework, which is set to expire, as the President aims to complete several free trade agreements before the end of the year.