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The value of Paraguayan banana exports is expected to increase by 45%

Paraguayan banana exports are performing well in 2020. Despite the challenges and difficulties derived from the pandemic, the country's banana exports between January and November have exceeded 15 million dollars. As a result, the National Plant and Seed Quality and Health Service (Senave), Customs, and the private sector project this year's revenues will total 17 million dollars, i.e. 45% more than in 2019.

According to the coordinator of the Intersectoral Banana Table, Hugo Franco, Paraguay currently has nearly 1,300 small banana producers who cultivate an area of 8,800 hectares, mainly in the departments of Caaguazu, San Pedro, and Cordillera, among others.

He stressed that the significant increase in exports to Argentina, Uruguay, and Chile was mainly due to the space that Brazil is leaving in the markets after the great losses they suffered in some 7,000 hectares of banana plantations that were destroyed by storms with hurricane-force winds.

Regarding the local market, Hugo Franco said the 24-kilogram box of green bananas was being marketed from G. 50,000 to G. 60,000. Meanwhile, the box of ripe bananas is being sold from G. 80,000 to G. 90,000, with variations depending on the season.

Franco said the growth was also supported by other factors, such as the work carried out through the Banana Competitiveness Table, which is made up of the Ministry of Agriculture and Livestock, the Ministry of Industry and Commerce, Senave, and the producer organizations. He also said that the constant technical assistance and training provided for post-harvest handling, among other actions, was allowing the national production to compete in the region's markets.



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