Bananas in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $291M in Bananas, making it the 11th largest exporter of Bananas in the world. At the same year, Bananas was the 508th most exported product in United States. The main destination of Bananas exports from United States are: Canada ($274M), Bermuda ($7.21M), Bahamas ($3.82M), Cayman Islands ($2.14M), and Turks and Caicos Islands ($2.09M).

The fastest growing export markets for Bananas of United States between 2021 and 2022 were Canada ($17.6M), Bermuda ($2.46M), and Cayman Islands ($1.25M).

Imports In 2022, United States imported $2.7B in Bananas, becoming the 1st largest importer of Bananas in the world. At the same year, Bananas was the 200th most imported product in United States. United States imports Bananas primarily from: Guatemala ($1.01B), Ecuador ($561M), Costa Rica ($338M), Honduras ($278M), and Mexico ($235M).

The fastest growing import markets in Bananas for United States between 2021 and 2022 were Honduras ($133M), Guatemala ($112M), and Ecuador ($53.3M).

COMPANIES In 2023, leading companies such as DEL MONTE FRESH PRODUCE N A INC. (148k), CHIQUITA FRESH NORTH AMERICA LLC (83k), and FYFFES NORTH AMERICA INC (37.6k) were at the forefront of shipping Bananas to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Bananas exports accounted up to $42.9M and imports accounted up to $233M, resulting in a negative trade balance of $190M. Between January 2023 and January 2024 the exports of United States' Bananas have increased by $743k (1.76%) from $42.2M to $42.9M, while imports increased by $12.8M (5.82%) from $220M to $233M.

Destinations In January 2024, Bananas were exported mostly to Canada ($41.2M), Bermuda ($880k), Bahamas ($370k), Turks and Caicos Islands ($216k), and Cayman Islands ($190k), and were imported mostly from Guatemala ($77.8M), Ecuador ($47.6M), Costa Rica ($43.7M), Colombia ($23.2M), and Honduras ($19.4M).

Growth In January 2024, the increase in Bananas's year-by-year exports was explained primarily by an increase in exports to Canada ($3.56M or 9.57%), Bermuda ($95.9k or 19.2%), and Turks and Caicos Islands ($52.5k or 35.6%). In January 2024, the increase in Bananas's year-by-year imports was explained primarily by an increase in imports from Ecuador ($15.8M or 43%), Honduras ($5.88M or 50.2%), and Costa Rica ($5.15M or 17.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$743k(1.76%)

IMPORT GROWTH (January 2023 - January 2024)$12.8M(5.82%)

MAIN EXPORTER (January 2024)Delaware$9.36M

MAIN DESTINATION (January 2024)Canada$41.2M

This section shows Bananas's exports and imports data at subnational level for United States. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$291M

IMPORTS (2022)$2.7B

NET TRADE (2022)-$2.41B

In 2022, United States exported $291M in Bananas. The main destinations of United States exports on Bananas were Canada ($274M), Bermuda ($7.21M), Bahamas ($3.82M), Cayman Islands ($2.14M), and Turks and Caicos Islands ($2.09M).

In 2022, United States imported $2.7B in Bananas, mainly from Guatemala ($1.01B), Ecuador ($561M), Costa Rica ($338M), Honduras ($278M), and Mexico ($235M).

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