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Bananas, including plantains, fresh or dried

080300 (Harmonized System 1992 for 6-digit)

2022
World Trade $13.5BRnk 272 / 4648
2022
Top Exporter | Top Importer $3.68B | $2.7BEcuador | United States
2022
Product Complexity -2.25Rnk 4582 / 4653
2021 - 2022
Export Growth (CAGR) -0.99%Rnk 3114 / 4648
2022
Share of World Trade 0.057%Rnk 272 / 4648

About

Overview This page contains the latest trade data of Bananas & Plantains (Fresh/Dried). In 2022, Bananas & Plantains (Fresh/Dried) were the world's 272nd most traded product, with a total trade of $13.5B. Between 2021 and 2022 the exports of Bananas & Plantains (Fresh/Dried) decreased by -0.99%, from $13.7B to $13.5B. Trade in Bananas & Plantains (Fresh/Dried) represent 0.057% of total world trade.

Bananas & Plantains (Fresh/Dried) are a part of Bananas.

Exports In 2022 the top exporters of Bananas & Plantains (Fresh/Dried)  were Ecuador ($3.68B), Philippines ($1.41B), Costa Rica ($1.22B), Colombia ($1.16B), and Guatemala ($1.12B).

Imports In 2022 the top importers of Bananas & Plantains (Fresh/Dried) were United States ($2.7B), China ($1.06B), Japan ($797M), Russia ($794M), and Germany ($731M).

Ranking Bananas & Plantains (Fresh/Dried) ranks 4582nd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bananas & Plantains (Fresh/Dried). Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Ecuador$3.68B
Top Destination (2022)United States$2.7B

In 2022 Bananas & Plantains (Fresh/Dried) were the world's 272nd most traded product (out of 4,648).

In 2022, the top exporters of Bananas & Plantains (Fresh/Dried) were Ecuador ($3.68B), Philippines ($1.41B), Costa Rica ($1.22B), Colombia ($1.16B), and Guatemala ($1.12B).

In 2022, the top importers of Bananas & Plantains (Fresh/Dried) were United States ($2.7B), China ($1.06B), Japan ($797M), Russia ($794M), and Germany ($731M).

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Exporters of Bananas & Plantains (Fresh/Dried) (2022)
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Importers of Bananas & Plantains (Fresh/Dried) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Honduras$156M
Top Destination Growth (2021 -  2022)United States$254M

Between 2021 and 2022, the exports of Bananas & Plantains (Fresh/Dried) grew the fastest in Honduras ($156M), Guatemala ($112M), Vietnam ($80.1M), Colombia ($62.4M), and Cote d'Ivoire ($59.4M).

Between 2021 and 2022, the fastest growing importers of Bananas & Plantains (Fresh/Dried) were United States ($254M), Canada ($55.7M), Russia ($45.1M), Argentina ($30.5M), and Switzerland ($28.3M).

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Exporters of Bananas & Plantains (Fresh/Dried) (2021 - 2022)

Importers of Bananas & Plantains (Fresh/Dried) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bananas & Plantains (Fresh/Dried).

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Bananas & Plantains (Fresh/Dried) are explained by 16 countries.

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Value of Exports in Bananas & Plantains (Fresh/Dried)

Net Trade

TOP NET EXPORTER (2022)Ecuador$3.68B
TOP NET IMPORTER (2022)United States$2.41B

This map shows which countries export or import more of Bananas & Plantains (Fresh/Dried). Each country is colored based on the difference in exports and imports of Bananas & Plantains (Fresh/Dried) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bananas & Plantains (Fresh/Dried) were Ecuador ($3.68B), Philippines ($1.41B), Costa Rica ($1.21B), Colombia ($1.15B), and Guatemala ($1.12B).

In 2022, the countries that had a largest trade value in imports than in exports of Bananas & Plantains (Fresh/Dried) were United States ($2.41B), China ($1.04B), Japan ($797M), Russia ($779M), and United Kingdom ($534M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Bananas & Plantains (Fresh/Dried).
It is possible to select the main countries that export or import Bananas & Plantains (Fresh/Dried) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bananas & Plantains (Fresh/Dried) by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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