Latin American banana exports worth $5.6 billion

Latin America and the Caribbean is the world’s largest banana-exporting region. Estimates point to a total combined export value of around US$11 billion for bananas and major tropical fruits from Latin America and the Caribbean, of which bananas accounted for about US$6 billion, according to data published by FAO. Between 2016 and 2018, the total production volume of bananas in the region was an estimated 30 million tons per year, while total exports reached an annual average of 13 million tons, representing 80% of world banana shipments, worth US$5.6 billion per year.