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2023
Exports $1.75MWorld Rnk 70 / 163
Flag Rnk 1065 / 1216
2023
Destination $483k Ireland
2022 - 2023
FASTEST GROWING MARKET $483kIreland
2023
PRODUCT COMPLEXITY IN Bananas-1.96Rnk 995 / 1025
2023
Imports $632MWorld Rnk 8 / 203
Flag Rnk 198 / 1214
2023
Origin $30.3M Colombia
2022 - 2023
FASTEST GROWING ORIGIN $30.3MNicaragua
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $1.75M in Bananas, making it the 70th largest exporter of Bananas in the world. At the same year, Bananas was the 1065th most exported product in United Kingdom. The main destination of Bananas exports from United Kingdom are: Ireland ($978k), Netherlands ($288k), Hong Kong ($102k), Colombia ($81.3k), and France ($63.2k).

The fastest growing export markets for Bananas of United Kingdom between 2022 and 2023 were Ireland ($483k), Netherlands ($182k), and Hong Kong ($33.9k).

Imports In 2023, United Kingdom imported $632M in Bananas, becoming the 8th largest importer of Bananas in the world. At the same year, Bananas was the 198th most imported product in United Kingdom. United Kingdom imports Bananas primarily from: Colombia ($164M), Costa Rica ($149M), Dominican Republic ($67.7M), Ecuador ($61.8M), and Nicaragua ($42.2M).

The fastest growing import markets in Bananas for United Kingdom between 2022 and 2023 were Nicaragua ($30.3M), Ecuador ($20M), and Costa Rica ($17M).

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

November 2024

About

Overview In November 2024 United Kingdom's Bananas exports accounted up to £55k and imports accounted up to £41.4M, resulting in a negative trade balance of £41.3M. Between November 2023 and November 2024 the exports of United Kingdom's   Bananas have increased by £1.44k (2.69%) from £53.6k to £55k, while imports decreased by £-16M (-27.9%) from £57.4M to £41.4M.

Destinations In November 2024, Bananas were exported mostly to Ireland (£48.1k) and Canada (£6.92k), and were imported mostly from Colombia (£10.7M), Costa Rica (£10.3M), Dominican Republic (£3.78M), Ecuador (£3.51M), and Belize (£2.2M).

Growth In November 2024, the increase in Bananas's year-by-year exports was explained primarily by an increase in exports to . In November 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 (November 2023 - November 2024)£1.44k(2.69%)
IMPORT GROWTH (November 2023 - November 2024)£-16M(-27.9%)
MAIN EXPORTER (November 2024)Holyhead£51.7k
MAIN DESTINATION (November 2024)Ireland£48.1k

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 (2023)$1.75M
IMPORTS (2023)$632M
NET TRADE (2023)-$630M

In 2023, United Kingdom exported $1.75M in Bananas. The main destinations of United Kingdom exports on Bananas were Ireland ($978k), Netherlands ($288k), Hong Kong ($102k), Colombia ($81.3k), and France ($63.2k).

In 2023, United Kingdom imported $632M in Bananas, mainly from Colombia ($164M), Costa Rica ($149M), Dominican Republic ($67.7M), Ecuador ($61.8M), and Nicaragua ($42.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Ireland$483k (97.6%)
Netherlands$182k (170%)
Hong Kong$33.9k (49.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY United Kingdom WERE (2022 - 2023):
France-$114k (-64.3%)
Colombia-$47.5k (-36.9%)
Poland-$35.8k (-52.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Bananas were:
Ecuador $4.51B
Costa Rica $1.74B
Guatemala $1.55B
In 2023, United Kingdom'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+ $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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