Trade

Bananas and plantains constitute a major staple food crop for millions of people in developing countries. In most tropical countries green (unripe) bananas used for cooking represent the main cultivars. Cooking bananas are very similar to potatoes in how they are used. Both can be fried, boiled, baked or chipped and have similar taste and texture when served. One green cooking banana has about the same calorie content as one potato.

In 2003, India led the world in banana production, representing approximately 23% of the worldwide crop, most of which was for domestic consumption. The four leading banana exporting countries were Ecuador, Costa Rica, Philippines, and Colombia, which accounted for about two-thirds of the world's exports, each exporting more than 1 million tons. Ecuador alone provided more than 30% of global banana exports, according to FAO statistics.

The vast majority of producers are small-scale farmers growing the crop either for home consumption or for local markets. Because bananas and plantains will produce fruit year-round, they provide an extremely valuable source of food during the hunger season (that period of time when all the food from the previous harvest has been consumed, and the next harvest is still some time away). It is for these reasons that bananas and plantains are of major importance to food security.

Bananas are among the most widely consumed foods in the world. Most banana farmers receive a low unit price for their produce as supermarkets buy enormous quantities and receive a discount for that business. Competition amongst supermarkets has led to reduced margins in recent years which in turn has led to lower prices for growers. Chiquita, Del Monte, Dole and Fyffes grow their own bananas in Ecuador, Colombia, Costa Rica, Guatemala and Honduras. Banana plantations are capital intensive and demand high expertise so the majority of independent growers are large and wealthy landowners of these countries. This has led to bananas being available as a "fair trade" item in some countries.

The banana has an extensive trade history beginning with the founding of the United Fruit Company (now Chiquita) at the end of the nineteenth century. For much of the 20th century, bananas and coffee dominated the export economies of Central America. In the 1930s, bananas and coffee made up as much as 75 percent of the region's exports. As late as 1960, the two crops accounted for 67 percent of the exports from the region. Though the two were grown in similar regions, they tended not to be distributed together. The United Fruit Company based its business almost entirely on the banana trade, as the coffee trade proved too difficult for it to control. The term "banana republic" has been broadly applied to most countries in Central America, but from a strict economic perspective only Costa Rica, Honduras, and Panama were actual "banana republics", countries with economies dominated by the banana trade.

The countries of the European Union have traditionally imported many of their bananas from the former European island colonies of the Caribbean, paying guaranteed prices above global market rates. As of 2005 these arrangements were in the process of being withdrawn under pressure from other major trading powers, principally the United States. The withdrawal of these indirect subsidies to Caribbean producers is expected to favour the banana producers of Central America, in which American companies have an economic interest.

The United States has minimal banana production. 14,000 tons of bananas were grown in Hawaii in 2001.

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Fruit:

All about Fruits! - Botanic fruit and culinary fruit - Fruit development - Simple fruit - Aggregate fruit.

Apple:

The apple is the pomaceous fruit of the apple tree, species Malus domestica in the rose family Rosaceae - The wild ancestor of Malus domestica is Malus sieversii - There are more than 7,500 known cultivars of apples - Like most perennial fruits, apples ordinarily propagate asexually by grafting - Apples are self-incompatible; they must cross-pollinate to develop fruit.