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2022
Exports $23.4MWorld Rnk 38 / 161
Flag Rnk 1027 / 1216
2022
Destination $4.52M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $4.52MHong Kong
2022
PRODUCT COMPLEXITY IN Bananas-1.99Rnk 1001 / 1025
2022
Imports $1.06BWorld Rnk 2 / 196
Flag Rnk 210 / 1212
2022
Origin $68.1M Philippines
2021 - 2022
FASTEST GROWING ORIGIN $68.1MVietnam
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $23.4M in Bananas, making it the 38th largest exporter of Bananas in the world. At the same year, Bananas was the 1027th most exported product in China. The main destination of Bananas exports from China are: Hong Kong ($16M), Macau ($2.05M), United States ($1.77M), Mongolia ($1.55M), and Nigeria ($1.21M).

The fastest growing export markets for Bananas of China between 2021 and 2022 were Hong Kong ($4.52M), Macau ($1.27M), and Nigeria ($1.21M).

Imports In 2022, China imported $1.06B in Bananas, becoming the 2nd largest importer of Bananas in the world. At the same year, Bananas was the 210th most imported product in China. China imports Bananas primarily from: Philippines ($406M), Vietnam ($265M), Cambodia ($226M), Ecuador ($102M), and Laos ($32.1M).

The fastest growing import markets in Bananas for China between 2021 and 2022 were Vietnam ($68.1M), Cambodia ($30.1M), and Ecuador ($4.9M).

COMPANIES In 2023, leading companies such as Del Monte Foods (2), Spencer Gifts (2), and Euromarket Designs (1) were at the forefront of shipping Bananas from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Bananas exports accounted up to $3.95M and imports accounted up to $54.7M, resulting in a negative trade balance of $50.8M. Between August 2023 and August 2024 the exports of China's   Bananas have increased by $1.57M (66.3%) from $2.37M to $3.95M, while imports decreased by $-11M (-16.7%) from $65.7M to $54.7M.

Destinations In August 2024, Bananas were exported mostly to Hong Kong ($2.57M), Russia ($580k), Mongolia ($234k), Kyrgyzstan ($217k), and North Korea ($86.9k), and were imported mostly from Philippines ($16.6M), Cambodia ($12.9M), Ecuador ($11.4M), Vietnam ($10.1M), and Laos ($1.9M).

Growth In August 2024, the increase in Bananas's year-by-year exports was explained primarily by an increase in exports to Mongolia ($173k or 2.29k%), Hong Kong ($42.4k or 93.4%), and United States ($10.6k or 64.5%). In August 2024, the decrease in Bananas's year-by-year imports was explained primarily by a decrease in imports from Philippines ($-19.5M or -40.7%), Ecuador ($-4.54M or -45.1%), and Cambodia ($-3.53M or -16.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.57M(66.3%)
IMPORT GROWTH (August 2023 - August 2024)$-11M(-16.7%)
MAIN EXPORTER (August 2024)Xingjiang Uygur Autonomous Region$3.14M
MAIN DESTINATION (August 2024)Hong Kong$2.57M

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 (2022)$23.4M
IMPORTS (2022)$1.06B
NET TRADE (2022)-$1.04B

In 2022, China exported $23.4M in Bananas. The main destinations of China exports on Bananas were Hong Kong ($16M), Macau ($2.05M), United States ($1.77M), Mongolia ($1.55M), and Nigeria ($1.21M).

In 2022, China imported $1.06B in Bananas, mainly from Philippines ($406M), Vietnam ($265M), Cambodia ($226M), Ecuador ($102M), and Laos ($32.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$4.52M (39.2%)
Macau$1.27M (161%)
Nigeria$1.21M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY China WERE (2021 - 2022):
Germany-$175k (-57.7%)
Thailand-$56.1k (-70.3%)
Russia-$41.3k (-63.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Bananas were:
Ecuador $3.68B
Philippines $1.41B
Costa Rica $1.22B
In 2022, China's main importing competitors in Bananas were:
United States $2.7B
Japan $797M

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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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