2023
Exports
$1.3BWorld Rnk 5 / 163
Flag Rnk 7 / 1150
2023
PRODUCT COMPLEXITY IN Bananas
-1.96Rnk 995 / 1025
2023
Imports
$2.01MWorld Rnk 101 / 203
Flag Rnk 806 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $1.3B 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: United States ($217M), Italy ($187M), United Kingdom ($164M), Belgium ($118M), and Germany ($116M).

The fastest growing export markets for Bananas of Colombia between 2022 and 2023 were Italy ($19.6M), Spain ($13.7M), and Sweden ($6.79M).

Imports In 2023, Colombia imported $2.01M in Bananas, becoming the 101st largest importer of Bananas in the world. At the same year, Bananas was the 806th most imported product in Colombia. Colombia imports Bananas primarily from: Ecuador ($1.86M), United Kingdom ($81.3k), Costa Rica ($52.2k), and United States ($13.5k).

The fastest growing import markets in Bananas for Colombia between 2022 and 2023 were United States ($7.87k) and Costa Rica ($2.02k).

COMPANIES In 2024, leading companies such as Fyffes (677), Del Monte Foods (647), and Dole Fresh Fruit (253) were at the forefront of shipping Bananas from Colombia to the United States.

Latest Trends

Dec 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 (2023)$1.3B
IMPORTS (2023)$2.01M
NET TRADE (2023)$1.3B

In 2023, Colombia exported $1.3B in Bananas. The main destinations of Colombia exports on Bananas were United States ($217M), Italy ($187M), United Kingdom ($164M), Belgium ($118M), and Germany ($116M).

In 2023, Colombia imported $2.01M in Bananas, mainly from Ecuador ($1.86M), United Kingdom ($81.3k), Costa Rica ($52.2k), and United States ($13.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Italy$19.6M (11.7%)
Spain$13.7M (38.1%)
Sweden$6.79M (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Colombia WERE (2022 - 2023):
Germany-$102M (-46.8%)
Slovenia-$23.7M (-56.6%)
Netherlands-$13.9M (-16.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Bananas were:
In 2023, 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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