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2023
Exports $76.9MWorld Rnk 23 / 163
Flag Rnk 623 / 1216
2023
Destination $22.5M France
2022 - 2023
FASTEST GROWING MARKET $22.5MFrance
2023
PRODUCT COMPLEXITY IN Bananas-1.96Rnk 995 / 1025
2023
Imports $615MWorld Rnk 9 / 203
Flag Rnk 204 / 1213
2023
Origin $39.3M Colombia
2022 - 2023
FASTEST GROWING ORIGIN $39.3MCosta Rica
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $76.9M in Bananas, making it the 23rd largest exporter of Bananas in the world. At the same year, Bananas was the 623rd most exported product in Italy. The main destination of Bananas exports from Italy are: France ($44.9M), Romania ($9.05M), Hungary ($5.74M), Croatia ($4.38M), and Spain ($3.54M).

The fastest growing export markets for Bananas of Italy between 2022 and 2023 were France ($22.5M), Romania ($3.74M), and Hungary ($1.92M).

Imports In 2023, Italy imported $615M in Bananas, becoming the 9th largest importer of Bananas in the world. At the same year, Bananas was the 204th most imported product in Italy. Italy imports Bananas primarily from: Colombia ($187M), Ecuador ($172M), Costa Rica ($148M), Netherlands ($35.4M), and France ($16.6M).

The fastest growing import markets in Bananas for Italy between 2022 and 2023 were Costa Rica ($39.3M), Ecuador ($22.6M), and Colombia ($19.6M).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Bananas exports accounted up to €7.28M and imports accounted up to €51.7M, resulting in a negative trade balance of €44.4M. Between October 2023 and October 2024 the exports of Italy's   Bananas have decreased by €-1.48M (-16.9%) from €8.75M to €7.28M, while imports increased by €679k (1.33%) from €51M to €51.7M.

Destinations In October 2024, Bananas were exported mostly to France (€6.23M), Romania (€371k), Spain (€262k), Croatia (€148k), and Germany (€83.5k), and were imported mostly from Colombia (€15M), Costa Rica (€13M), Ecuador (€12.1M), Netherlands (€6.66M), and France (€1.71M).

Growth In October 2024, the decrease in Bananas's year-by-year exports was explained primarily by a decrease in exports to Germany (€-2.57M or -99%), Netherlands (€-1.44M or -100%), and Austria (€-53.1k or -51.6%). In October 2024, the increase in Bananas's year-by-year imports was explained primarily by an increase in imports from Colombia (€3.72M or 38.5%), Costa Rica (€2.63M or 43.2%), and Spain (€183k or 267%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-1.48M(-16.9%)
IMPORT GROWTH (October 2023 - October 2024)€679k(1.33%)
MAIN DESTINATION (October 2024)France€6.23M

This section shows Bananas's exports and imports data at subnational level for Italy. 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)$76.9M
IMPORTS (2023)$615M
NET TRADE (2023)-$539M

In 2023, Italy exported $76.9M in Bananas. The main destinations of Italy exports on Bananas were France ($44.9M), Romania ($9.05M), Hungary ($5.74M), Croatia ($4.38M), and Spain ($3.54M).

In 2023, Italy imported $615M in Bananas, mainly from Colombia ($187M), Ecuador ($172M), Costa Rica ($148M), Netherlands ($35.4M), and France ($16.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$22.5M (101%)
Romania$3.74M (70.6%)
Hungary$1.92M (50.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Italy WERE (2022 - 2023):
Germany-$2.99M (-50.1%)
Netherlands-$1.31M (-78.3%)
Spain-$806k (-18.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Bananas were:
Ecuador $4.51B
Costa Rica $1.74B
Guatemala $1.55B
In 2023, Italy's main importing competitors in Bananas were:
United States $2.99B
China $1.21B
Japan $940M

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.89M
TOP IMPORT POTENTIALGuatemala+ $8.15M

Bananas’s highest export potential is France. With an export gap of $4.89M.   Bananas’s highest import potential is Guatemala with an import gap of $8.15M.

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