Bananas, including plantains; fresh or dried

0803 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Bananas. In 2021, Bananas were the world's 287th most traded product, with a total trade of $13.6B. Between 2020 and 2021 the exports of Bananas decreased by -2.51%, from $14B to $13.6B. Trade in Bananas represent 0.065% of total world trade.

Bananas are a part of Edible fruits, nuts & fruit peels. They include Bananas & Plantains (Fresh/Dried).

Exports In 2021 the top exporters of Bananas  were Ecuador ($3.67B), Philippines ($1.49B), Costa Rica ($1.23B), Colombia ($1.07B), and Guatemala ($1.01B).

Imports In 2021 the top importers of Bananas were United States ($2.44B), China ($1.14B), Japan ($852M), Germany ($801M), and Russia ($748M).

Ranking Bananas ranks 1000th in the Product Complexity Index (PCI).

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Bananas. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2021)Ecuador$3.67B
Top Destination (2021)United States$2.44B

In 2021 Bananas were the world's 287th most traded product (out of 1,217).

In 2021, the top exporters of Bananas were Ecuador ($3.67B), Philippines ($1.49B), Costa Rica ($1.23B), Colombia ($1.07B), and Guatemala ($1.01B).

In 2021, the top importers of Bananas were United States ($2.44B), China ($1.14B), Japan ($852M), Germany ($801M), and Russia ($748M).

Explore Visualizations

Exporters of Bananas (2021)
[Click to Select a Country]

Importers of Bananas (2021)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2020 -  2021)Cambodia$69.3M
Top Destination Growth (2020 -  2021)Spain$80.1M

Between 2020 and 2021, the exports of Bananas grew the fastest in Cambodia ($69.3M), Vietnam ($67.2M), India ($40.8M), Netherlands ($33.2M), and Latvia ($31.8M).

Between 2020 and 2021, the fastest growing importers of Bananas were Spain ($80.1M), Romania ($41.6M), Russia ($41.2M), Morocco ($31.7M), and Belarus ($27.5M).

Explore Visualizations

Exporters of Bananas (2020 - 2021)

Importers of Bananas (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bananas.

In 2021, market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Bananas are explained by 17 countries.

Explore Visualizations

Value of Exports in Bananas

Net Trade

TOP NET EXPORTER (2021)Ecuador$3.67B
TOP NET IMPORTER (2021)United States$2.17B

This map shows which countries export or import more of Bananas. Each country is colored based on the difference in exports and imports of Bananas during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Bananas were Ecuador ($3.67B), Philippines ($1.49B), Costa Rica ($1.23B), Colombia ($1.07B), and Guatemala ($1B).

In 2021, the countries that had a largest trade value in imports than in exports of Bananas were United States ($2.17B), China ($1.12B), Japan ($852M), Russia ($703M), and United Kingdom ($540M).

Net Trade (2021)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Bananas.
It is possible to select the main countries that export or import Bananas in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bananas by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2021)

Country by Relatedness

The following visualization shows the relatedness of Bananas to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with