Philippines Seeks Equal Tariff Treatment as Japan Reduces Banana Imports The Philippines, which supplied approximately 90% of Japan’s banana market in 2012, saw its share decline to 79% in 2023 and further to 75% in 2024. This downward trend has raised concerns among Filipino banana producers and government officials. Japan plans to implement zero tariffs on banana imports from Vietnam and other exporting nations by 2028 Source: GMA News