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2022
Exports $1.53MWorld Rnk 72 / 161
Flag Rnk 1086 / 1216
2022
Destination $129k Ireland
2021 - 2022
FASTEST GROWING MARKET $129kColombia
2022
PRODUCT COMPLEXITY IN Bananas-1.99Rnk 1001 / 1025
2022
Imports $535MWorld Rnk 7 / 196
Flag Rnk 244 / 1214
2022
Origin $26.2M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $26.2MCameroon
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.53M in Bananas, making it the 72nd largest exporter of Bananas in the world. At the same year, Bananas was the 1086th most exported product in United Kingdom. The main destination of Bananas exports from United Kingdom are: Ireland ($659k), France ($197k), Netherlands ($136k), Colombia ($129k), and Italy ($127k).

The fastest growing export markets for Bananas of United Kingdom between 2021 and 2022 were Colombia ($129k), France ($121k), and Italy ($114k).

Imports In 2022, United Kingdom imported $535M in Bananas, becoming the 7th largest importer of Bananas in the world. At the same year, Bananas was the 244th most imported product in United Kingdom. United Kingdom imports Bananas primarily from: Colombia ($160M), Costa Rica ($107M), Dominican Republic ($59.4M), Ecuador ($44.8M), and Cameroon ($41.7M).

The fastest growing import markets in Bananas for United Kingdom between 2021 and 2022 were Cameroon ($26.2M), Colombia ($12M), and Guatemala ($8.05M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (75) and Amazon (1) were at the forefront of shipping Bananas from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Bananas exports accounted up to £68.7k and imports accounted up to £38.2M, resulting in a negative trade balance of £38.1M. Between August 2023 and August 2024 the exports of United Kingdom's   Bananas have increased by £5.29k (8.34%) from £63.4k to £68.7k, while imports decreased by £-15.6M (-29%) from £53.8M to £38.2M.

Destinations In August 2024, Bananas were exported mostly to Ireland (£46.2k), France (£16.2k), United Arab Emirates (£5.08k), and Jordan (£1.34k), and were imported mostly from Colombia (£9.84M), Costa Rica (£7.73M), Dominican Republic (£4.64M), Belize (£2.97M), and Ecuador (£2.33M).

Growth In August 2024, the increase in Bananas's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Bananas's year-by-year imports was explained primarily by a decrease in imports from Cote d'Ivoire (£-777k or -41%), Dominican Republic (£-469k or -8.8%), and Panama (£-310k or -19.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£5.29k(8.34%)
IMPORT GROWTH (August 2023 - August 2024)£-15.6M(-29%)
MAIN EXPORTER (August 2024)Holyhead£51.7k
MAIN DESTINATION (August 2024)Ireland£46.2k

This section shows Bananas's exports and imports data at subnational level for United Kingdom. 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 (2022)$1.53M
IMPORTS (2022)$535M
NET TRADE (2022)-$534M

In 2022, United Kingdom exported $1.53M in Bananas. The main destinations of United Kingdom exports on Bananas were Ireland ($659k), France ($197k), Netherlands ($136k), Colombia ($129k), and Italy ($127k).

In 2022, United Kingdom imported $535M in Bananas, mainly from Colombia ($160M), Costa Rica ($107M), Dominican Republic ($59.4M), Ecuador ($44.8M), and Cameroon ($41.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Colombia$129k (1%)
France$121k (161%)
Italy$114k (858%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY United Kingdom WERE (2021 - 2022):
Netherlands-$309k (-69.5%)
Ireland-$96.6k (-12.8%)
Poland-$17.7k (-22.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Bananas were:
Ecuador $3.68B
Philippines $1.41B
Costa Rica $1.22B
In 2022, United Kingdom's main importing competitors in Bananas were:
United States $2.7B
China $1.06B
Japan $797M

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $285k
TOP IMPORT POTENTIALEcuador+ $14.1M

Bananas’s highest export potential is France. With an export gap of $285k.   Bananas’s highest import potential is Ecuador with an import gap of $14.1M.

See methodology.

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