Bananas - Global Trade in a Commodity

Cards (13)

  • Bananas are the 4th most important food product in LDCs and are a staple food for 400 million people.
  • Globally, Bananas are the 5th most traded agricultural commodity.
  • In 2013, 16.5 million tonnes of bananas were exported.
    • Primarily from Latin America and the Caribbean.
  • Bananas are grown in predominantly in hot, rainy lowlands of tropical regions.
  • Patterns of Production - Global Production:
    • 120 million tonnes of Bananas were grown in 2019
  • Patterns of Production - Producers:
    • The top 4 producers of bananas are also the 4 largest consumers.
    • India, China, Indonesia, Brazil.
    • With the exception of the Philippines, the main regions that produce bananas commercially for export are Latin America & The Caribbean.
  • Patterns of Production - Producers (ACP Group):
    • Africa, the Caribbean and the Pacific.
    • Mainly small and medium-sized producers, and the so-called ‘dollar producers’ of Latin America controlled by large US TNCs.
  • Patterns of Distribution - Top 6 Exporters:
    • Ecuador - 6.6 million tonnes.
    • Philippines - 2.9 million tonnes
    • Colombia - 2.6 million tonnes
    • Costa Rica - 2.4 million tonnes
    • Guatemala - 2.1 million tonnes
    • Netherlands - 1.7 million tonnes
  • Patterns of Production - Glasshouse Bananas/Re-export:
    • Netherlands, Belgium & Germany appear in lists of top banana exporters.
    • Although they have started growing Glasshouse Bananas, the figures come from bananas which are imported and then re-exported.
  • Patterns of Distribution - Top 6 Importers:
    • USA - 3.6 million tonnes
    • Russia - 1.5 billion tonnes
    • Belgium - 1.4 billion tonnes
    • Germany - 1.4 billion tonnes
    • UK - 1.2 billion tonnes
    • China - 1.0 billion tonnes
  • Patterns of Consumption - Top 6 Consumers:
    • India - 27.5 million tonnes
    • China - 13.2 million tonnes
    • Brazil - 6.7 million tonnes
    • Philippines - 6.5 million tonnes
    • Indonesia - 5.3 million tonnes
    • USA - 3.6 million tonnes
  • Patterns of Distribution - Key Distribution Routes:
    • Central & South America to EU & USA
    • South America to Russia
    • Philippines to Arabian Peninsula & East Asia
  • Unequal power relations:
    • The banana trade reinforces the core-periphery theory because the Less Developed Countries are producing and exporting crops (bananas) that they produce, to More Economically Developed Countries.