Market research

Bananas market in Saint Vincent and the Grenadines

Release date: Mar 28, 2026

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Research period: 2017-2025

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Earlier Report Observations

The market for fresh and dried bananas in Saint Vincent and the Grenadines maintained stable volumes between 2018 and 2023, with annual production fluctuating near 58 000 tons. Overall production rose from 58 016 tons in 2018 to 59 094 tons in 2023, while the domestic market size reached 58 804 tons in 2023 after accounting for the first notable exports.

Imports were absent throughout the period, making the market fully dependent on domestic output. Exports commenced in 2023 at 291 tons, slightly reducing domestic availability but marking a new channel for local production.

In 2024, Fairtrade implemented a measure to limit entry of new fresh banana producers for a 24-month period starting 1 April 2024, applying to small-scale producer organisations and hired labour organisations while excluding producers of bananas for drying and processing.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Saint Vincent and the Grenadines
  1. 5.1.1. Annual dynamics of production in Saint Vincent and the Grenadines in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Saint Vincent and the Grenadines in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Saint Vincent and the Grenadines in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Saint Vincent and the Grenadines by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Saint Vincent and the Grenadines in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Saint Vincent and the Grenadines by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Saint Vincent and the Grenadines, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Saint Vincent and the Grenadines by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Saint Vincent and the Grenadines in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Saint Vincent and the Grenadines by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Saint Vincent and the Grenadines in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Saint Vincent and the Grenadines by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Saint Vincent and the Grenadines, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Saint Vincent and the Grenadines by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Saint Vincent and the Grenadines in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Saint Vincent and the Grenadines by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Saint Vincent and the Grenadines in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Saint Vincent and the Grenadines by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Saint Vincent and the Grenadines, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Saint Vincent and the Grenadines by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Saint Vincent and the Grenadines in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Saint Vincent and the Grenadines by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Saint Vincent and the Grenadines in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Saint Vincent and the Grenadines by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Saint Vincent and the Grenadines, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Saint Vincent and the Grenadines by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production bananas in Saint Vincent and the Grenadines

In kind, 2017-2020, t

Top producers of bananas, 2017-2020

Source: SHEV.io

World map of production of bananas, 2017-2020

Source: SHEV.io

After a two-year decline, banana production in Saint Vincent and the Grenadines rebounded. In 2019, output reached its lowest point at 57 870 tonnes. The following year, production rose to 58 211 tonnes in 2020, marking a 0.6% increase from 2019. The most significant drop occurred in 2018, when production fell by 0.4%.

Annual dynamics of production in Saint Vincent and the Grenadines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.4%)	(0.3%)	0.6%	(0.0%)

Source: SHEV.io

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