Bananas Exports by Country

Latin America plus the Caribbean account for highest dollar value 2018 banana exports

According to data from worldstopexports.com, worldwide banana exports by country totaled an estimated US$13.6 billion in 2018, up by an average 22.5% for all banana shippers over the five-year period starting in 2014 when bananas shipments were valued at $11.1 billion.

Year over year, the value of global banana exports appreciated by 14.6% from 2017 to 2018.

From a continental perspective, Latin America -excluding Mexico- plus the Caribbean accounted for the highest dollar value worth of banana exports in 2018 via shipments amounting to $8 billion or 58.7% of international banana sales. European exporters were responsible for 19% of total exported bananas, followed by Asian shippers at 13.3%.

Smaller percentages came from exporters in North America (5.2%), Africa (3.9%) then Oceania (0.002%) led by Australia and New Zealand.

Bananas Exports by Country
Below are the 15 countries that exported the highest dollar value worth of bananas during 2018.

  1. Ecuador: US$3.2 billion (23.7% of total banana exports)
  2. Philippines: $1.5 billion (11.1%)
  3. Guatemala: $1.47 billion (10.8%)
  4. Costa Rica: $1 billion (7.6%)
  5. Belgium: $956.3 million (7%)
  6. Colombia: $866.2 million (6.4%)
  7. Netherlands: $674.5 million (5%)
  8. United States: $444.4 million (3.3%)
  9. Dominican Republic: $365.5 million (2.7%)
  10. Honduras: $318.1 million (2.3%)
  11. Panama: $313.8 million (2.3%)
  12. Mexico: $259 million (1.9%)
  13. Cameroon: $244.1 million (1.8%)
  14. Germany: $236.1 million (1.7%)
  15. Ivory Coast: $173.7 million (1.3%)

The listed 15 countries shipped 88.8% of global banana exports in 2018 by value.

Among the above countries, the fastest-growing banana exporters since 2014 were: Panama (up 220.5%), Cameroon (up 216.7%), Netherlands (up 124.7%) and Guatemala (up 103.8%).

Three countries posted declines in their exported banana sales: Germany (down -39.8%), Belgium (down -27.5%) and United States (down -5.5%).


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