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2023
Exports $11.4MWorld Rnk 47 / 163
Flag Rnk 1080 / 1215
2023
Destination $2.25M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $2.25MRussia
2023
PRODUCT COMPLEXITY IN Bananas-1.96Rnk 995 / 1025
2023
Imports $1.21BWorld Rnk 2 / 203
Flag Rnk 189 / 1214
2023
Origin $156M Philippines
2022 - 2023
FASTEST GROWING ORIGIN $156MBurma
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $11.4M in Bananas, making it the 47th largest exporter of Bananas in the world. At the same year, Bananas was the 1080th most exported product in China. The main destination of Bananas exports from China are: Hong Kong ($2.66M), Mongolia ($2.41M), Russia ($2.27M), Macau ($1.06M), and North Korea ($843k).

The fastest growing export markets for Bananas of China between 2022 and 2023 were Russia ($2.25M), Mongolia ($2.19M), and North Korea ($843k).

Imports In 2023, China imported $1.21B in Bananas, becoming the 2nd largest importer of Bananas in the world. At the same year, Bananas was the 189th most imported product in China. China imports Bananas primarily from: Philippines ($423M), Vietnam ($244M), Cambodia ($190M), Burma ($161M), and Ecuador ($158M).

The fastest growing import markets in Bananas for China between 2022 and 2023 were Burma ($156M), Ecuador ($51M), and Mexico ($6.99M).

COMPANIES In 2024, leading companies such as Del Monte Foods (16), Euromarket Designs (3), and Dollarama (2) were at the forefront of shipping Bananas from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Bananas exports accounted up to $8.13M and imports accounted up to $96M, resulting in a negative trade balance of $87.9M. Between December 2023 and December 2024 the exports of China's   Bananas have increased by $2.16M (36.3%) from $5.97M to $8.13M, while imports increased by $10.6M (12.5%) from $85.3M to $96M.

Destinations In December 2024, Bananas were exported mostly to Kyrgyzstan ($2.77M), Hong Kong ($2.75M), North Korea ($1.18M), Russia ($774k), and Uzbekistan ($225k), and were imported mostly from Philippines ($33.2M), Vietnam ($24.9M), Ecuador ($17.2M), Cambodia ($16M), and Laos ($2.65M).

Growth In December 2024, the increase in Bananas's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($579k or 659%), United States ($65.6k or 243%), and Slovakia ($19.6k or 378%). In December 2024, the increase in Bananas's year-by-year imports was explained primarily by an increase in imports from Vietnam ($9.28M or 28.8%), Ecuador ($5.42M or 97.9%), and Laos ($515k or 33.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$2.16M(36.3%)
IMPORT GROWTH (December 2023 - December 2024)$10.6M(12.5%)
MAIN EXPORTER (December 2024)Xingjiang Uygur Autonomous Region$3.14M
MAIN DESTINATION (December 2024)Kyrgyzstan$2.77M

This section shows Bananas's exports and imports data at subnational level for China. 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
EXPORTS (2023)$11.4M
IMPORTS (2023)$1.21B
NET TRADE (2023)-$1.2B

In 2023, China exported $11.4M in Bananas. The main destinations of China exports on Bananas were Hong Kong ($2.66M), Mongolia ($2.41M), Russia ($2.27M), Macau ($1.06M), and North Korea ($843k).

In 2023, China imported $1.21B in Bananas, mainly from Philippines ($423M), Vietnam ($244M), Cambodia ($190M), Burma ($161M), and Ecuador ($158M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$2.25M (9.31k%)
Mongolia$2.19M (1k%)
North Korea$843k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY China WERE (2022 - 2023):
United States-$2.47M (-82.5%)
Nigeria-$1.37M (-99.8%)
Hong Kong-$1.03M (-27.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Bananas were:
Ecuador $4.51B
Costa Rica $1.74B
Guatemala $1.55B
In 2023, China's main importing competitors in Bananas were:
United States $2.99B
Japan $940M

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.14M
TOP IMPORT POTENTIALEcuador+ $43.9M

Bananas’s highest export potential is United States. With an export gap of $3.14M.   Bananas’s highest import potential is Ecuador with an import gap of $43.9M.

See methodology.

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