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Bananas Price

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"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). This commodity has no official global benchmark price, so "World (average)" is a simple, unweighted mean across whichever FAOSTAT-reporting countries had a producer price that year, computed by agri.markets — not a production-weighted figure, and not an official FAO statistic. Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.

Top Producers

RankCountryQuantity
1India36,614,000 t
2China11,702,800 t
3Indonesia9,335,232 t
4Ecuador7,198,482 t
5Brazil6,901,079 t
6Nigeria6,361,501 t
7Philippines5,871,408 t
8Angola4,893,686 t
9Tanzania3,230,486 t
10Guatemala3,049,707 t

FAOSTAT production data, 2023.

Top Importers

RankCountryQuantity
1United States4,653,116 t
2China1,768,226 t
3Russia1,533,500 t
4Germany1,362,618 t
5Netherlands1,327,062 t
6Japan1,032,848 t
7Belgium973,136 t
8United Kingdom847,358 t
9Italy818,041 t
10France805,609 t

FAOSTAT trade data, 2023.

Top Exporters

RankCountryQuantity
1Ecuador6,488,455 t
2Guatemala2,799,412 t
3Costa Rica2,243,682 t
4Philippines2,031,799 t
5Colombia1,694,902 t
6Netherlands1,012,849 t
7Belgium809,872 t
8United States588,045 t
9India499,131 t
10Honduras474,643 t

FAOSTAT trade data, 2023.

About Bananas

The world's most-exported fruit by volume. Ecuador is the largest exporter by far, followed by Guatemala, Costa Rica and the Philippines - India and China grow even more but consume nearly all of it domestically. Prices are shaped by hurricane damage in Central America and by Fusarium wilt (Panama disease), a soil fungus with no cure that has been wiping out plantations of the Cavendish variety - nearly all bananas sold internationally - since the 1990s.

Latest World price (2025-12): +8% vs. the 5-year average, +14% vs. the 10-year average, +7% vs. a year ago.

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