2022
Exports
$4.48MWorld Rnk 60 / 161
Flag Rnk 638 / 1208
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$1.02MWorld Rnk 112 / 196
Flag Rnk 1080 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $4.48M in Bananas, making it the 60th largest exporter of Bananas in the world. At the same year, Bananas was the 638th most exported product in Australia. The main destination of Bananas exports from Australia are: Germany ($4.28M), New Zealand ($62.6k), Singapore ($45.1k), Nauru ($34k), and Japan ($21k).

The fastest growing export markets for Bananas of Australia between 2021 and 2022 were Germany ($2.35M), Hong Kong ($13.1k), and Australia ($4.71k).

Imports In 2022, Australia imported $1.02M in Bananas, becoming the 112th largest importer of Bananas in the world. At the same year, Bananas was the 1080th most imported product in Australia. Australia imports Bananas primarily from: Vietnam ($695k), Thailand ($161k), United States ($43.7k), Uganda ($25.3k), and Sri Lanka ($21k).

The fastest growing import markets in Bananas for Australia between 2021 and 2022 were Germany ($10.9k), United Kingdom ($9.71k), and Colombia ($6.46k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bananas. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.48M
IMPORTS (2022)$1.02M
NET TRADE (2022)$3.46M

In 2022, Australia exported $4.48M in Bananas. The main destinations of Australia exports on Bananas were Germany ($4.28M), New Zealand ($62.6k), Singapore ($45.1k), Nauru ($34k), and Japan ($21k).

In 2022, Australia imported $1.02M in Bananas, mainly from Vietnam ($695k), Thailand ($161k), United States ($43.7k), Uganda ($25.3k), and Sri Lanka ($21k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Germany$2.35M (122%)
Hong Kong$13.1k (934%)
Australia$4.71k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Australia WERE (2021 - 2022):
Japan-$67.1k (-76.2%)
Kuwait-$30.2k (-100%)
Singapore-$15.7k (-25.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Bananas were:
In 2022, Australia's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $91k
TOP IMPORT POTENTIALVietnam+ $131k

Bananas’s highest export potential is Japan. With an export gap of $91k.   Bananas’s highest import potential is Vietnam with an import gap of $131k.

See methodology.

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