Commodity Origins

How much bananas do Ecuador produce and export?

Ecuador is the 4th largest producer of bananas: 7.6 million tonnes in 2024, 5.4% of the world's 139.3 million tonnes (FAOSTAT). It is the largest exporter by value: $4.2 billion in 2024, 27% of world exports of bananas and plantains (HS 0803) (CEPII BACI). Its biggest customer is Russia, which takes 14% of its bananas exports by value.

All about bananas · All about Ecuador · Bananas price history

Ecuador's bananas production

Ecuador bananas production, 2024
World rankProduction (tonnes)Share of worldTen-year growthYear
47.6 million tonnes5.4%+1.2% a year2024

FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.

Ecuador bananas production monthly prices, tonnes, Jan 1961 to Jan 2024Line chart of ecuador bananas production monthly prices in tonnes from Jan 1961 to Jan 2024: Ecuador bananas production from 2,597,000 to 7,585,653, peaking at 7,931,060.02,000,0004,000,0006,000,0008,000,000196519701975198019851990199520002005201020152020tonnes
Ecuador bananas production

Share of world output over time

Ecuador's share of world bananas production in selected years
19902000201020202024
6.1%8%7.1%4.8%5.4%

Average annual share by decade: 1960s 10%, 1970s 7.3%, 1980s 5%, 1990s 8%, 2000s 7.5%, 2010s 5.9%, 2020s 5%. See the concentration-over-time report.

Ecuador's bananas exports

Ecuador exports of Bananas, including plantains, fresh or dried, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
1$4.2 billion27%6.7 million t$6302024

CEPII BACI international trade database (HS22, V202601), HS 0803 (Bananas, including plantains, fresh or dried).

Where Ecuador's bananas goes

Largest destinations of Ecuador's bananas exports, 2024
DestinationValueShare of Ecuador's exports
Russia$609M14%
United States$605M14%
Germany$296M7%
Netherlands$281M6.6%
Italy$191M4.5%

Largest five destinations of 2,313 exporter-importer pairs BACI reports for 2024. See trade flows.

How much bananas Ecuador uses

Ecuador's domestic supply of bananas was 714 thousand tonnes in 2023, 0.5% of the world's. Food supply was 7.7 kg per person a year, 79th highest of 140 countries with a million or more people. It produced 1008% of what it used (self-sufficiency) and imported 1%. FAO's item is "Bananas". Consumption · Self-sufficiency.

The bananas price Ecuador sells into

The benchmark price, Central and South America, US import, was $1.12/kg in September 2026, up 10% over twelve months. Its five-year volatility is 26% a year, calmer in 24% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Bananas price history.

Cite as: Commodity Origins, "Ecuador bananas: production, exports and prices", https://commodityorigins.com/countries/ECU/bananas/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.