2022
Exports
$1.16BWorld Rnk 4 / 161
Flag Rnk 8 / 1142
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$3.44MWorld Rnk 93 / 196
Flag Rnk 752 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.16B in Bananas, making it the 4th largest exporter of Bananas in the world. At the same year, Bananas was the 8th most exported product in Colombia. The main destination of Bananas exports from Colombia are: United States ($219M), United Kingdom ($160M), Belgium ($151M), Italy ($127M), and Germany ($97.1M).

The fastest growing export markets for Bananas of Colombia between 2021 and 2022 were United States ($41.5M), Netherlands ($26.5M), and Czechia ($24.4M).

Imports In 2022, Colombia imported $3.44M in Bananas, becoming the 93rd largest importer of Bananas in the world. At the same year, Bananas was the 752nd most imported product in Colombia. Colombia imports Bananas primarily from: Ecuador ($3.25M), United Kingdom ($129k), Costa Rica ($50.2k), United States ($5.61k), and Trinidad and Tobago ($488).

The fastest growing import markets in Bananas for Colombia between 2021 and 2022 were Ecuador ($2.26M), United Kingdom ($129k), and Costa Rica ($18.8k).

Latest Trends

Oct 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)$1.16B
IMPORTS (2022)$3.44M
NET TRADE (2022)$1.15B

In 2022, Colombia exported $1.16B in Bananas. The main destinations of Colombia exports on Bananas were United States ($219M), United Kingdom ($160M), Belgium ($151M), Italy ($127M), and Germany ($97.1M).

In 2022, Colombia imported $3.44M in Bananas, mainly from Ecuador ($3.25M), United Kingdom ($129k), Costa Rica ($50.2k), United States ($5.61k), and Trinidad and Tobago ($488).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
United States$41.5M (23.4%)
Netherlands$26.5M (42.6%)
Czechia$24.4M (9.25k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Colombia WERE (2021 - 2022):
Belgium-$38.1M (-20.1%)
Poland-$26.3M (-58.1%)
Austria-$24.8M (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Bananas were:
In 2022, Colombia'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 POTENTIALUnited States+ $59.7M
TOP IMPORT POTENTIALEcuador+ $2.44M

Bananas’s highest export potential is United States. With an export gap of $59.7M.   Bananas’s highest import potential is Ecuador with an import gap of $2.44M.

See methodology.

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