Colombian Banana Industry Faces Production Decline Amid Weather and Currency Pressures

Industry representatives met in Madrid, Spain, on October 12, 2026, to discuss challenges facing the Colombian banana industry. Growers reported that low yields, rising input costs, and unfavorable exchange rates are creating a difficult period for the sector. Preliminary estimates indicate that early-year flooding and strong winds damaged roughly 9,880 acres of bananas.

Nationwide productivity in the sector has dropped by nearly 20 percent, while production fell nearly seven percent year-on-year in August, according to industry sources. The depreciation of the Colombian peso is further cutting into revenues despite operational costs continuing to climb.