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Banana industry. A banana plantation in St. Lucia. The banana industry is an important part of the global industrial agrobusiness. About 15% of the global banana production goes to export and international trade for consumption in Western countries. [1] They are grown on banana plantations primarily in the Americas. [2]
Pink banana (Musa velutina) in a butterfly sanctuary in the cloud forests of Mindo, Ecuador.Production of bananas began in Ecuador in 1910. [2] However, the industry did not experience a boom until 1948, when the government of President Galo Plaza began issuing agricultural credits, tariffs, building ports and a highway on the coast, and making efforts towards pest control.
Since banana exports came to dominate the overseas trade and most of the foreign exchange earnings of Central American countries, and the companies could use their financial clout as well as carefully established connections with local elites, they had great influence over politics in those areas, leading O. Henry, who lived in Honduras (which ...
Gros Michel banana. Gros Michel (French pronunciation: [ɡʁo miʃɛl]), often translated and known as " Big Mike ", is an export cultivar of banana and was, until the 1950s, the main variety grown. [3] The physical properties of the Gros Michel make it an excellent export produce; its thick peel makes it resilient to bruising during transport ...
Banana production in Brazil. Bananas under growth. Banana production in Brazil accounts for approximately 10% of the entire world banana production, [1] making Brazil a major banana-producing country in the world. Production has steadily increased over the years, rising from 5.4 million tonnes in 1997 to almost 7 million tonnes in 2007. [2]
Banana production in Honduras plays an important role in the economy of Honduras. In 1992, the revenue generated from banana sales amounted to US$287 million and along with the coffee industry accounted for some 50% of exports. [1][2] Honduras produced 861,000 tons of bananas in 1999. [3] The two corporations, Chiquita Brands International and ...
The government leased back to United Brands over 15,000 hectares (37,000 acres) for banana production and export operations. [1] Part of the excess land went to the government's newly established banana companies. On June 1, 2017, Del Monte began a 20-year contract with Panama in order to grow bananas in the Baru district, in Chiriqui.
In 1941, the first bananas in Iceland were produced. [1][2] They have been produced since that time, about 100 clusters a year each weighing about 5–20 kg (11–44 lb), but are not currently sold. [3] In the wake of World War II, the combination of inexpensive geothermal power (which had recently become available) and high prices for imported ...