Ecuador is the world’s biggest exporter of bananas, accounting for about one third of global shipments in 2017, according to FAO. Bananas make up 10% of Ecuador’s exports in value terms, and representing over 6% of the world’s total banana production.
It has 5,000 growers, from small farmers to medium-sized and large-scale growers, and with some 200 exporting companies, including the big multinationals.
Ecuador is the only country in the world to impose a mandatory minimum official price to be paid to farmers.
|Gross Domestic Product||100.1 billion US$|
|Agriculture||9.6% of GDP|
|Total Land Area||24.8 million hectares|
|Cultivated Land||7.5 million hectares|
|Banana Production Area||297,700 hectares|
|Total Banana Production||6.28 million metric tonnes (2017)|
|ITUC Global Rights Index||Rating 5 (no guarantee of rights)|