However, outlook does not improve

October 2021 was a good month for Ecuadorian banana exports

During most of 2021, Ecuadorian banana exports were below the level reached in 2020. However, this trend changed in October, a month that maintained the best performance compared to the other months of the year and exceeded the figures for the same period 2020 and 2019.

According the Central Bank of Ecuador, exports of this fruit reached USD 294.2 million, more than in the last four months. If compared with October 2020, this represents an increase of 18% and 22.5% compared to the same month in 2019.

Data from the Association of Banana Exporters of Ecuador (AEBE) indicate that in the number of boxes there is an increase of 16.2% between October of this year and the same month of 2020. However, the variation is negative in terms of the volume of sales between January and October of this year compared to 2020. In the first 10 months of the year, exports reached USD 2,892 million, which represented a decrease of 7%, compared to the same months of 2020.


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