fairtrade bananas

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Almost 100 million metric tonnes of bananas are consumed around the world every year and just five companies control around 80% of the trade. Fairtrade works with farmers and workers to get a better deal.

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Page 1: Fairtrade Bananas

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© Fairtrade 2011

MONITORING THE SCOPE AND BENEFITS

OF FAIRTRADE

THIRD EDITION, 2011

Bananas

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Bananas are one of themost important foods forboth consumption andtrade. Almost 100 millionmetric tonnes of bananasare consumed every year, of which about 15 millionare exported.

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In the banana industry, production, profits, andpower are highlyconcentrated. Just fivecorporations controlaround 80% of the world's bananaimport market.

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Farmers producingFairtrade bananasreceive the Fairtrade Minimum Price thataims to cover the costsof sustainableproduction or themarket price (whicheveris higher) and a Fairtrade Premium toinvest in projects in their communities.

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Senior employeewith bananas at El GuaboCooperative, Ecuador

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Gladys Asafo(foreground) andMercy Dzade sortingbananas at Volta River EstatesLimited, Ghana.

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A kindergarten forcommunity children was established byBANELINO (DominicanRepublic) usingFairtrade Premiumfunds.

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© Fairtrade 2011

All information contained in this presentation and more can be found in the full report, “Monitoring the Scope and Benefits of Fairtrade” (PDF) at Fairtrade International, the global association of Fairtrade organizations, at www.fairtrade.net.

To find out about Fairtrade in the USA, visit www.fairtradeinternational.us.

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