Ecuador leads natural banana exports to the European Union – 2024-05-22 16:49:06

by times news cr

2024-05-22 16:49:06

NATIONAL

The expansion of the natural merchandise market globally has discovered an impressive reference in Ecuador. Based on knowledge from the Central Financial institution of Ecuador (BCE), throughout the 12 months 2023, Ecuador established itself as the principle exporter of natural bananas to the European Union (EU), with a complete of USD 227.8 million, which represents 51. 3% of complete exports of this merchandise.

Ecuadorian natural bananas high the checklist of exported merchandise, adopted by natural cocoa and quinoa.

Along with the EU, Ecuadorian natural merchandise additionally attain different necessary markets similar to the US, Japan, China, Norway and the United Arab Emirates. Natural banana manufacturing is distinguished by means of inputs of pure origin, avoiding the usage of pesticides and chemical fertilizers. This give attention to high quality and shopper satisfaction has led to a major improve in demand, particularly in markets with higher buying energy.

Based on knowledge from the Ministry of Agriculture, hectares of natural bananas nationwide grew by a complete of twenty-two,616 hectares, distributed within the provinces of Guayas, El Oro, Santa Elena, Los Ríos, Santo Domingo de los Tsáchilas, Azuay, Esmeraldas, Cotopaxi , Cañar and Pichincha. The certification of natural merchandise is carried out beneath the Ecuadorian Natural Laws, in addition to beneath worldwide requirements such because the NOP regulation for the US, the natural certification for the European Union (QCS CE Regulation 834/2007) and the NOP-Equivalence settlement. COR for the Canadian natural market.

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