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Traditionally, Central America qualified as such; the term banana republic was coined there, after all. Nowadays however, major exporters of bananas in the region are located in South America:

Value of banana exports, 2011 in millions of USD:

  1. Ecuador: 2,246.3 (largest exporter in the world)
  2. Colombia: 775.2
  3. Costa Rica: 719.4
  4. Guatemala: 435.4
  5. Honduras: 397.7
  6. Dominican Republic: 269.6
  7. Panama: 86.3
  8. Mexico: 75.8
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