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2022
Exports $75.7MWorld Rnk 22 / 161
Flag Rnk 629 / 1217
2022
Destination $3.85M France
2021 - 2022
FASTEST GROWING MARKET $3.85MGermany
2022
PRODUCT COMPLEXITY IN Bananas-1.99Rnk 1001 / 1025
2022
Imports $412MWorld Rnk 10 / 196
Flag Rnk 279 / 1215
2022
Origin $14.7M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $14.7MColombia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $75.7M in Bananas, making it the 22nd largest exporter of Bananas in the world. At the same year, Bananas was the 629th most exported product in Italy. The main destination of Bananas exports from Italy are: France ($24.5M), Spain ($18.4M), Germany ($7.5M), Hungary ($4.89M), and Croatia ($4.78M).

The fastest growing export markets for Bananas of Italy between 2021 and 2022 were Germany ($3.85M), Spain ($3.13M), and Hungary ($1.76M).

Imports In 2022, Italy imported $412M in Bananas, becoming the 10th largest importer of Bananas in the world. At the same year, Bananas was the 279th most imported product in Italy. Italy imports Bananas primarily from: Colombia ($127M), Ecuador ($124M), Costa Rica ($82.1M), France ($22.8M), and Netherlands ($20.6M).

The fastest growing import markets in Bananas for Italy between 2021 and 2022 were Colombia ($14.7M), France ($5.93M), and Netherlands ($4.7M).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Bananas exports accounted up to €7.21M and imports accounted up to €36.4M, resulting in a negative trade balance of €29.2M. Between August 2023 and August 2024 the exports of Italy's   Bananas have increased by €1.07M (17.4%) from €6.14M to €7.21M, while imports decreased by €-2.22M (-5.75%) from €38.6M to €36.4M.

Destinations In August 2024, Bananas were exported mostly to France (€4.62M), Germany (€877k), Spain (€610k), Croatia (€310k), and Slovenia (€229k), and were imported mostly from Ecuador (€14.7M), Colombia (€9.84M), Costa Rica (€8M), Netherlands (€1.47M), and Peru (€920k).

Growth In August 2024, the increase in Bananas's year-by-year exports was explained primarily by an increase in exports to Spain (€906k or 126%), France (€758k or 40.1%), and Belgium (€29.8k or 80.5%). In August 2024, the decrease in Bananas's year-by-year imports was explained primarily by a decrease in imports from Ecuador (€-2.48M or -13.2%), Netherlands (€-607k or -24.6%), and France (€-76.9k or -4.19%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€1.07M(17.4%)
IMPORT GROWTH (August 2023 - August 2024)€-2.22M(-5.75%)
MAIN DESTINATION (August 2024)France€4.62M

This section shows Bananas's exports and imports data at subnational level for Italy. 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)$75.7M
IMPORTS (2022)$412M
NET TRADE (2022)-$336M

In 2022, Italy exported $75.7M in Bananas. The main destinations of Italy exports on Bananas were France ($24.5M), Spain ($18.4M), Germany ($7.5M), Hungary ($4.89M), and Croatia ($4.78M).

In 2022, Italy imported $412M in Bananas, mainly from Colombia ($127M), Ecuador ($124M), Costa Rica ($82.1M), France ($22.8M), and Netherlands ($20.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$3.85M (106%)
Spain$3.13M (20.5%)
Hungary$1.76M (56.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Italy WERE (2021 - 2022):
France-$13.7M (-35.8%)
Croatia-$3.71M (-43.7%)
Greece-$1.35M (-44.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Bananas were:
Ecuador $3.68B
Philippines $1.41B
Costa Rica $1.22B
In 2022, Italy'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+ $4.89M
TOP IMPORT POTENTIALGuatemala+ $8.15M

Bananas’s highest export potential is France. With an export gap of $4.89M.   Bananas’s highest import potential is Guatemala with an import gap of $8.15M.

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