Paraguay breaks record on banana exports

According to data released by the Central Bank of Paraguay, banana exports across the country in 2019 broke a record.

In 2000, the country exported 66 tons of bananas to the Argentine market. This developed to 32,694 tons exported in 2015, at an average price of US $ 254. In 2019, banana exports broke the record at 66,730 tons, for US $ 11.7 million.

Recently, Paraguay authorities confirmed the Chilean market was opened to Paraguayan bananas. The country sent its first shipment of 1,248 cardboard boxes to Chile.

Paraguay’s main competitors for banana exports are Ecuador and Bolivia. Bolivia was affected by an internal conflict in the second half of last year, which ended up benefiting Paraguay.

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