2023
Exports
$333MWorld Rnk 9 / 163
Flag Rnk 187 / 1189
2023
PRODUCT COMPLEXITY IN Bananas
-1.96Rnk 995 / 1025
2023
Imports
$932kWorld Rnk 116 / 203
Flag Rnk 1095 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $333M in Bananas, making it the 9th largest exporter of Bananas in the world. At the same year, Bananas was the 187th most exported product in Mexico. The main destination of Bananas exports from Mexico are: United States ($228M), Japan ($61.9M), Canada ($22.8M), China ($7.62M), and New Zealand ($6.99M).

The fastest growing export markets for Bananas of Mexico between 2022 and 2023 were China ($6.99M), Ukraine ($234k), and Poland ($103k).

Imports In 2023, Mexico imported $932k in Bananas, becoming the 116th largest importer of Bananas in the world. At the same year, Bananas was the 1095th most imported product in Mexico. Mexico imports Bananas primarily from: Costa Rica ($546k), Peru ($282k), United States ($54.8k), Ecuador ($39.9k), and Spain ($8.09k).

The fastest growing import markets in Bananas for Mexico between 2022 and 2023 were Costa Rica ($440k), Peru ($141k), and United Kingdom ($5).

COMPANIES In 2024, leading companies such as Chiquita (897), Dole Fresh Fruit (267), and Dekalb Farmers Market (261) were at the forefront of shipping Bananas from Mexico to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$333M
IMPORTS (2023)$932k
NET TRADE (2023)$332M

In 2023, Mexico exported $333M in Bananas. The main destinations of Mexico exports on Bananas were United States ($228M), Japan ($61.9M), Canada ($22.8M), China ($7.62M), and New Zealand ($6.99M).

In 2023, Mexico imported $932k in Bananas, mainly from Costa Rica ($546k), Peru ($282k), United States ($54.8k), Ecuador ($39.9k), and Spain ($8.09k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
China$6.99M (1.11k%)
Ukraine$234k (25.2%)
Poland$103k (52.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Mexico WERE (2022 - 2023):
United States-$24.6M (-9.74%)
New Zealand-$2.7M (-27.9%)
Canada-$2.48M (-9.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Bananas were:
In 2023, Mexico's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $33.2M
TOP IMPORT POTENTIALCosta Rica+ $164k

Bananas’s highest export potential is United States. With an export gap of $33.2M.   Bananas’s highest import potential is Costa Rica with an import gap of $164k.

See methodology.

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