Bananas in Colombia

EXPORTS (2018): $1.05B, World Rnk 5 / 136
Flag Rnk 7 / 1062

TOP DESTINATION (2018): $209M, Belgium-Luxembourg

FASTEST GROWING MARKET (2017 - 2018): $61.4M, Poland

IMPORTS (2018): $2.54M, World Rnk 88 / 167
Flag Rnk 753 / 1184

TOP ORIGIN (2018): $2.4M, Ecuador

FASTEST GROWING ORIGIN (2017 - 2018): $985k, Ecuador

ECONOMIC COMPLEXITY of Colombia (2018): 0.23, Rnk 56 / 137

PRODUCT COMPLEXITY  IN Bananas (2018): -2.17, Rnk 1003 / 1018

Exports: In 2018, Colombia exported $1.05B in Bananas, making it the 5th largest exporter of Bananas in the world. At the same year, Bananas was the 7th most exported product in Colombia. The main destination of Bananas exports from Colombia are: Belgium-Luxembourg ($209M), United States ($171M), United Kingdom ($155M), Italy ($100M), and Germany ($75.3M).

The fastest growing export markets for Bananas of Colombia between 2017 and 2018 were Poland ($61.4M), United Kingdom ($13.4M), and United States ($8.86M).

Imports: In 2018, Colombia imported $2.54M in Bananas, becoming the 88th largest importer of Bananas in the world. At the same year, Bananas was the 753rd most imported product in Colombia. Colombia imports Bananas primarily from: Ecuador ($2.4M), United States ($80.2k), and Peru ($56.1k).

The fastest growing import markets in Bananas for Colombia between 2017 and 2018 were Ecuador ($985k), Peru ($56.1k), and United States ($24k).

Tariffs: In 2018, the average tariff for Colombia in Bananas was 11.5%. The countries with the highest import tariffs for Bananas were Angola (15%), Burundi (15%), Benin (15%), Burkina Faso (15%), and Botswana (15%).

Value

EXPORTS (2018): $1.05B

IMPORTS (2018): $2.54M

NET TRADE (2018): $1.04B

In 2018, Colombia exported $1.05B in Bananas. The main destinations of Colombia exports on Bananas were Belgium-Luxembourg ($209M), United States ($171M), United Kingdom ($155M), Italy ($100M), and Germany ($75.3M).

In 2018, Colombia imported $2.54M in Bananas, mainly from Ecuador ($2.4M), United States ($80.2k), and Peru ($56.1k).

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IN 2018, Colombia HAD A POSITIVE NET TRADE IN Bananas WITH:: United States , $171M ($171M - $80.2k)

Flow

THE FASTEST GROWING Bananas EXPORT MARKETS FOR Colombia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Colombia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Colombia's main exporting competitors in Bananas were:

In 2018, Colombia's main importing competitors in Bananas were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Bananas in Colombia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Colombia in Bananas was 11.5%.

The countries with the highest tariffs for Bananas in Colombia were Angola (15%), Burundi (15%), Benin (15%), Burkina Faso (15%), and Botswana (15%).

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