Bananas Prices in Ecuador
| Variety | Market level | Price (US$/kg) | Local (USD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| US | Global benchmark | 1.12 | - | ▼ 2.6% | ▲ 2.8% | World Bank Pink Sheet |
| Europe | Global benchmark | 1.14 | - | ▲ 1.8% | ▲ 0.0% | World Bank Pink Sheet |
| - | Farmgate | 0.25 | - | ▼ 19.9% | ▼ 19.9% | FAOSTAT Producer Prices |
| - | Export (unit value) | 0.59 | - | ▲ 19.4% | n/a | UN Comtrade (unit value) |
As of June 2026, the bananas price in Ecuador available is US$ 0.25 per kg, down 19.9% year-on-year.
Ecuador is the world's leading banana exporter, shipping 5.7 million tonnes valued at US$3.35 billion in 2024, accounting for 26.9% of global exports despite a 6.8% year-on-year decline. The country produced 7.6 million tonnes of bananas, ranking fifth globally and representing 5.1% of world output, with a 5.4% increase from the previous year. The latest farmgate price is US$0.253 per kg.
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Bananas Price History & Trend
Global benchmark (world reference) price for bananas, US$ per kg.
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes - bananas in Ecuador
Ecuador is the world's leading banana exporter, shipping 5.7 million tonnes valued at US$3.35 billion in 2024, accounting for 26.9% of global exports despite a 6.8% year-on-year decline. The country produced 7.6 million tonnes of bananas, ranking fifth globally and representing 5.1% of world output, with a 5.4% increase from the previous year. The latest farmgate price is US$0.253 per kg.
Exports UN Comtrade · 2024
In 2024, Ecuador exported $3.35B (5.71 Mt) of bananas▼ 6.8% YoY. That ranks #1 worldwide (26.9% of global exports).
Export value by year (US$)
Export volume by year
Top bananas exporters worldwide UN Comtrade · 2024
- #1 Ecuador $3.35B · 26.9%
- #2 Philippines $1.23B · 9.9%
- #3 Costa Rica $1.2B · 9.6%
- #4 Colombia $1.08B · 8.7%
- #5 Guatemala $1.02B · 8.1%
Annual export data Ecuador · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $3.35B | 5.71 Mt | $0.59 |
| 2023 | $3.6B | - | - |
| 2022 | $3.39B | 6.88 Mt | $0.49 |
| 2021 | $3.39B | 6.81 Mt | $0.5 |
| 2020 | $3.58B | 7.04 Mt | $0.51 |
Production FAOSTAT · 2024
Ecuador produced 7.59 Mt of bananas in 2024▲ 5.4% YoY. It ranks #5 among producing countries (5.1% of world output).
Production by year (tonnes)
When is bananas in season in Ecuador? FAO GIEWS Crop Calendar
bananas is harvested year-round in Ecuador.
HS Code
bananas is traded under Harmonized System code 0803.90. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO); harvest season - FAO GIEWS Crop Calendar. Values are official reported figures.