Ecuadorian banana exports increase in the first quarter

According to data provided by the Association of Banana Exporters of Ecuador (AEBE), during the first quarter of 2020, Ecuador exported 104,731,409 boxes of bananas, i.e. 9.92% more than in the same period of 2019.

The fastest-growing destination for banana exports was the Middle East with an increase of 30.04%, according to a report published by the entity. Historically, most of the fruit shipped to that area has been destined for Iran, Iraq, and Syria. Turkish net banana imports in February increased by 50%.

In 2019 the European Union decreased its consumption of Ecuadorian bananas. However, according to the European Statistical Office (Eurostat), during 2020 the presence of the fruit increased by 13.23% in that area. In fact, according to the AEBE report, Ecuador shipped nearly 5 million boxes of bananas to the European Union, i.e. 16.92% more year-on-year.

Russia imported about 1 million boxes of bananas, growing 4.37% year-on-year. In February, 98% of all the bananas that Russia imported came from Ecuador.

Meanwhile, the United States and China decreased their purchases by 5.51% and 6% respectively. According to exporters, this drop is a consequence of the effects of the coronavirus in both countries.



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