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2023
Exports $249MWorld Rnk 15 / 163
Flag Rnk 289 / 1215
2023
Destination $25.2M France
2022 - 2023
FASTEST GROWING MARKET $25.2MFrance
2023
PRODUCT COMPLEXITY IN Bananas-1.96Rnk 995 / 1025
2023
Imports $329MWorld Rnk 12 / 203
Flag Rnk 263 / 1214
2023
Origin $36.9M Costa Rica
2022 - 2023
FASTEST GROWING ORIGIN $36.9MCosta Rica
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $249M in Bananas, making it the 15th largest exporter of Bananas in the world. At the same year, Bananas was the 289th most exported product in Spain. The main destination of Bananas exports from Spain are: France ($119M), Portugal ($93.1M), Belgium ($12.5M), Romania ($7.3M), and Oman ($3.75M).

The fastest growing export markets for Bananas of Spain between 2022 and 2023 were France ($25.2M), Portugal ($23.3M), and Romania ($3.74M).

Imports In 2023, Spain imported $329M in Bananas, becoming the 12th largest importer of Bananas in the world. At the same year, Bananas was the 263rd most imported product in Spain. Spain imports Bananas primarily from: Costa Rica ($133M), Cote d'Ivoire ($67.1M), Colombia ($49.5M), Ecuador ($33.5M), and Cameroon ($13.6M).

The fastest growing import markets in Bananas for Spain between 2022 and 2023 were Costa Rica ($36.9M), Colombia ($13.7M), and Ecuador ($10.2M).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Bananas exports accounted up to €10.6M and imports accounted up to €32.7M, resulting in a negative trade balance of €22.2M. Between November 2023 and November 2024 the exports of Spain's   Bananas have decreased by €-727k (-6.43%) from €11.3M to €10.6M, while imports decreased by €-6.66M (-16.9%) from €39.4M to €32.7M.

Destinations In November 2024, Bananas were exported mostly to Portugal (€7.07M), France (€627k), Netherlands (€601k), Poland (€475k), and Morocco (€426k), and were imported mostly from Costa Rica (€14M), Cote d'Ivoire (€6.35M), Colombia (€6.31M), Cameroon (€2.3M), and Ecuador (€1.85M).

Growth In November 2024, the decrease in Bananas's year-by-year exports was explained primarily by a decrease in exports to Switzerland (€-89.4k or -56.5%), France (€-14.2k or -3.02%), and Bulgaria (€-7.86k or -52.8%). In November 2024, the decrease in Bananas's year-by-year imports was explained primarily by a decrease in imports from France (€-285k or -77.2%), Portugal (€-204k or -37.4%), and Ghana (€-140k or -63.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-727k(-6.43%)
IMPORT GROWTH (November 2023 - November 2024)€-6.66M(-16.9%)
MAIN EXPORTER (November 2024)Pontevedra€5.82M
MAIN DESTINATION (November 2024)Portugal€7.07M

This section shows Bananas's exports and imports data at subnational level for Spain. 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)$249M
IMPORTS (2023)$329M
NET TRADE (2023)-$80.4M

In 2023, Spain exported $249M in Bananas. The main destinations of Spain exports on Bananas were France ($119M), Portugal ($93.1M), Belgium ($12.5M), Romania ($7.3M), and Oman ($3.75M).

In 2023, Spain imported $329M in Bananas, mainly from Costa Rica ($133M), Cote d'Ivoire ($67.1M), Colombia ($49.5M), Ecuador ($33.5M), and Cameroon ($13.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Spain WERE (2022 - 2023):
France$25.2M (27%)
Portugal$23.3M (33.5%)
Romania$3.74M (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Spain WERE (2022 - 2023):
Germany-$4.11M (-78.1%)
Italy-$542k (-15.3%)
Saudi Arabia-$225k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Bananas were:
Ecuador $4.51B
Costa Rica $1.74B
Guatemala $1.55B
In 2023, Spain'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 POTENTIALItaly+ $2.64M
TOP IMPORT POTENTIALEcuador+ $9.95M

Bananas’s highest export potential is Italy. With an export gap of $2.64M.   Bananas’s highest import potential is Ecuador with an import gap of $9.95M.

See methodology.

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