In this article we are going to list the 5 biggest banana producers in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 biggest banana producers in the world.
5. Ecuador
Total banana production in 2019 (in tonnes): 6,583,477
Total banana production in 2019 (in tonnes): 6,023,390
Responsible for more than 5% of the total global banana production, Ecuador is one of the biggest exporters of bananas in the world, which make up 10% of the country’s total exports. There are more than 5,000 banana growers in the country which include small farmers and even medium-size and larger-scale companies. There are also 200 exporting companies involved in the banana industry.
4. Brazil
Total banana production in 2019 (in tonnes): 6,831,874
Total banana production in 2019 (in tonnes): 6,637,308
Brazil is the largest producer of bananas in Latin America, despite a decline of 2.85% in production as compared to 2019. A study conducted by the Brazilian Agricultural Research Company showed that the average Brazilian consumes 25 kilograms of banana per year and are preferred by many as they’re grown all year round, not to mention that they’re affordable, which is an important consideration for a country where millions live in poverty.
3. Indonesia
Total banana production in 2019 (in tonnes7,280,659
Total banana production in 2019 (in tonnes): 8,182,756
The largest Muslim country in the world is also one of the biggest banana producers in the world, which is a long from from almost half a century ago when production reached a low of just 1.2 million tonnes in 1976. In 2020, Indonesia exported bananas worth $5.6 million, which makes it the 61st biggest banana exporter globally. Some of the biggest customers of Indonesian bananas are Japan and Malaysia, each of which imported more than $1 million worth of bananas from Indonesia, with other major customers including Oman, China and Qatar.
2. China
Total banana production in 2019 (in tonnes): 11,998,329
Total banana production in 2019 (in tonnes): 11,872,600
The first country in our list to exceed 10 million tonnes of banana production, China focuses on the popular Cavendish species. The species is by far the most popular banana species in the world, and while the open market for agricultural commodities in China was virtually non-existent in the 1980s, but has increased massively since, and has brought both work as well as pollution to different areas.
1. India
Total banana production in 2019 (in tonnes): 30,460,000
Total banana production in 2019 (in tonnes): 31,504,000
India easily tops the list of the 15 biggest banana producers in the world, producing more than the next three companies in our list combined. In fact, it is responsible for nearly a quarter of total banana production globally while India and China together produce more than a third of the total global production. While most major banana producers decreased production in 2020 as compared to 2019, India actually managed to increase its production by 3.4%.
Please also see 15 Biggest Indian Companies by Market Cap and Largest ETFs in the World.