Twenty-five years ago, the first Fairtrade bananas appeared on supermarket shelves in Europe, imported by Fairtrade pioneer Agrofair, and grown on Volta River Estates in Ghana, which are still Fairtrade certified today. Since then, the Fairtrade banana sector has grown, as demonstrated by the now over 250 Fairtrade certified banana farms and plantations in 16 countries with more than 36,000 farmers and workers. Colombia, Dominican Republic, and Ecuador remained the top 3 largest suppliers of Fairtrade bananas for the United States in 2021.
Cooperativa Bananera de Rio Frio (COOBAFRIO) is based in Magdalena, Colombia, and has offered Fairtrade certified bananas since 2011. Cooperative members produce around 4,000 tons of bananas a year and now sell two-thirds of that on Fairtrade terms, which include a Minimum Price that accounts for costs of production and an additional Fairtrade Premium of $1.00 a box.
Almost 100% of cooperative members report that their quality of life and economic situation has improved because of Fairtrade certification and that they have greater control over their futures and those of their families. All members said they now have greater freedom in growing their businesses and have received financial services, technical support, and access to fertilizers.