Banana production in Brazil
Banana production in Brazil accounts for approximately 10% of the entire world banana production, 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. In 2000, Brazil was fourth, behind India, Uganda and Ecuador, in banana production. By 2006, Brazil became the second largest banana-producer, behind only India, followed by China, Ecuador and the Philippines. Most of the bananas produced are consumed domestically. Gross exports has increased from 12.5 thousand tonnes in 1995 to more than 220 thousand tonnes in 2002 and 2003, mostly to neighbours Argentina and Uruguay, but these figures are still far behind industry leaders such as Ecuador, Costa Rica, the Philippines and Colombia which export more than a million tonnes of bananas annually.
Economy of Saint Vincent and the Grenadines
The St. Vincent economy is heavily dependent on agriculture being the world’s leading producer of arrowroot and grows other exotic fruit, vegetables and root crops. Bananas alone account for upwards of 60% of the work force and 50% of merchandise exports. Such reliance on a single crop makes the economy vulnerable to external factors. St. Vincent's banana growers benefited from preferential access to the European market. In view of the European Union's announced phase-out of this preferred access, economic diversification is a priority.