Ecuadorian banana exporters have reduced the shipment of the fruit to Argentina. It favours Bolivian producers who have increased exports by 35 per cent; the price also rose from $2.80 to $3.40 per box. Currently, producers send 1.9 million kilos of bananas per week to Argentina. In the first half of 2020, the economic crisis aggravated by the Covid-19 pandemic caused the Argentine market to decrease the purchase of national bananas by approximately 70 per cent, and a financial loss of $21 million was estimated.
Source: Los Tiempos