The Central Bank of Paraguay's data on banana exports show the positive evolution that the marketing of this fruit has experienced in the last two decades. The country went from exporting 66 tons of bananas in 2000, which were destined for the Argentine market, to 32,694 tons at an average price of $ 254 each in 2015, and a record 66,730 tons for $ 11.7 million in 2019.
In January, authorities confirmed the opening of the Chilean market for Paraguayan bananas, and the country sent its first shipment of 1,248 cardboard boxes in refrigerated transport to this destination. The exporter and president of the Intersectoral Bureau of Banana Competitiveness, Hugo Franco, said this won't threat the local supply. However, he said, it would allow producers to achieve better prices, as the price in Paraguay is lower than 1,000 Guarani per kilo.
The main competition for the Paraguayan banana is the Ecuadorian fruit and the one from Bolivia, which was affected by the country's internal conflict during the second half of last year, a factor that boosted Paraguayan sales.