Bananas Prices in Philippines
| Variety | Market level | Price (US$/kg) | Local (PHP) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| US | Global benchmark | 1.12 | 62.33 | ▼ 2.6% | ▲ 2.8% | World Bank Pink Sheet |
| Europe | Global benchmark | 1.14 | 63.44 | ▲ 1.8% | ▲ 0.0% | World Bank Pink Sheet |
| Lakatan | Retail estimated | 3.22 | 179 | n/a | n/a | Web sources (aggregated) |
| — | Retail estimated | 2.21 | 123 | n/a | n/a | Web sources (aggregated) |
| — | Farmgate | 0.47 | 26.10 | ▲ 8.3% | ▲ 8.3% | FAOSTAT Producer Prices |
| — | Export (unit value) estimated | 0.68 | 37.73 | ▲ 28.2% | n/a | UN Comtrade (unit value) |
| — | Import (unit value) estimated | 8.73 | 486 | n/a | n/a | Web sources (aggregated) |
| — | Wholesale estimated | 0.62 | 34.58 | n/a | n/a | Web sources (aggregated) |
As of June 2026, the bananas price in Philippines available is US$ 2.21 per kg (123 PHP).
The Philippines is a major banana exporter, ranking #2 globally in 2024 with exports valued at US$1.23 billion and totaling 2,328,542 tonnes, accounting for 9.9% of world exports and showing a 1.1% year-on-year increase. Production reached 5,641,130 tonnes, placing the country at #8 worldwide with a 3.8% share of global output, though production declined by 3.9% year-on-year. The latest retail price is US$2.2082 per kg.
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Bananas Price History & Trend
Monthly bananas price tracked since June 2026, US$ per kg — the line grows each month as we record it. Source: FAOSTAT Producer Prices.
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes — bananas in Philippines
The Philippines is a major banana exporter, ranking #2 globally in 2024 with exports valued at US$1.23 billion and totaling 2,328,542 tonnes, accounting for 9.9% of world exports and showing a 1.1% year-on-year increase. Production reached 5,641,130 tonnes, placing the country at #8 worldwide with a 3.8% share of global output, though production declined by 3.9% year-on-year. The latest retail price is US$2.2082 per kg.
Exports UN Comtrade · 2024
In 2024, Philippines exported $1.23B (2.33 Mt) of bananas▲ 1.1% YoY. That ranks #2 worldwide (9.9% of global exports).
Export value by year (US$)
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 $1.02B · 8.1%
Annual export data Philippines · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $1.23B | 2.33 Mt | $0.53 |
| 2023 | $1.22B | — | — |
| 2022 | $1.1B | 1.53 Mt | $0.71 |
| 2021 | $1.13B | 1.75 Mt | $0.64 |
| 2020 | $1.64B | 3.09 Mt | $0.53 |
Production FAOSTAT · 2024
Philippines produced 5.64 Mt of bananas in 2024▼ 3.9% YoY. It ranks #8 among producing countries (3.8% of world output).
Production by year (tonnes)
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.