Bananas in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $403k in Bananas, making it the 86th largest exporter of Bananas in the world. At the same year, Bananas was the 1097th most exported product in Canada. The main destination of Bananas exports from Canada are: United States ($354k), France ($20.4k), Saint Pierre and Miquelon ($14k), Chinese Taipei ($7.71k), and Canada ($4.82k).

The fastest growing export markets for Bananas of Canada between 2021 and 2022 were United States ($35.5k), Chinese Taipei ($7.71k), and Canada ($4.82k).

Imports In 2022, Canada imported $375M in Bananas, becoming the 11th largest importer of Bananas in the world. At the same year, Bananas was the 280th most imported product in Canada. Canada imports Bananas primarily from: United States ($274M), Honduras ($34.2M), Mexico ($22.6M), Guatemala ($19.5M), and Costa Rica ($10.7M).

The fastest growing import markets in Bananas for Canada between 2021 and 2022 were Honduras ($23.3M), United States ($17.6M), and Mexico ($13.9M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Bananas from Canada to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Canada's Bananas exports accounted up to C$52 and imports accounted up to C$55.6M, resulting in a negative trade balance of C$55.6M. Between August 2021 and December 2023 the exports of Canada's Bananas have decreased by C$-20.7k (-99.7%) from C$20.8k to C$52, while imports increased by C$1.14M (2.1%) from C$54.4M to C$55.6M.

Destinations In December 2023, Bananas were exported mostly to , and were imported mostly from Guatemala (C$26.1M), Costa Rica (C$9.79M), Ecuador (C$7.15M), Colombia (C$5.49M), and Honduras (C$4.15M).

Growth In December 2023, the decrease in Bananas's year-by-year exports was explained primarily by a decrease in exports to . In January 2024, the increase in Bananas's year-by-year imports was explained primarily by an increase in imports from Ecuador (C$3.13M or 50%), Guatemala (C$2.29M or 10.8%), and Colombia (C$2.13M or 59.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2021 - December 2023)C$-20.7k(-99.7%)

IMPORT GROWTH (January 2023 - January 2024)C$1.14M(2.1%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)

This section shows Bananas's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Bananas over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$403k

IMPORTS (2022)$375M

NET TRADE (2022)-$375M

In 2022, Canada exported $403k in Bananas. The main destinations of Canada exports on Bananas were United States ($354k), France ($20.4k), Saint Pierre and Miquelon ($14k), Chinese Taipei ($7.71k), and Canada ($4.82k).

In 2022, Canada imported $375M in Bananas, mainly from United States ($274M), Honduras ($34.2M), Mexico ($22.6M), Guatemala ($19.5M), and Costa Rica ($10.7M).

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