Brazilian banana exports fell in 2022. Data released by the country’s Foreign Trade Secretariat (Secex) indicate that the volume shipped to the European Union was 10,600 tons in 2022, a 44% drop compared to 2021. As for intra-Mercosur exports, the amount was 73,900 tons, down 16% in the same period.
Check Brazil’s banana (hs 0803) exports from Jan 2019 to Dec 2022 below, according to DataLiner data.
Source: DataLiner.
According to Hortifruti/Cepea, the decrease in exported volume is due to a low national supply of dwarf bananas, which made domestic sales difficult, as well as climate impacts and less-intense crop handling practices (due to the high cost).
On the other hand, the revenue generated from exports to Mercosur increased by 14% in 2022, as the low supply on the whole bloc boosted average prices.
Source: datamarnews.com