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[banana Global Market Business] Banana Top Import & Export Countries by Agroexport101(m): 11:41pm On Nov 04, 2021

https://www.youtube.com/watch?v=9uz7oiIArV4
1. Banana is easily one of the most consumed fruits in the world, and it is not only because of the rich nutrients but also the rich taste of the fruit.
2. Banana is easily one of the most consumed fruits in the world, and it is not only because of the rich nutrients but also the rich taste of the fruit.
3. Top Banana Consuming Countries:Based on a comparison of 148 countries in 2018, India ranked the highest in banana consumption with 24,530 tons followed by China and Indonesia.
4. The top ranked country, India, accounted for 27.8 percent of banana consumption in the world.
5. In 2018, Asia Pacific led the market with 61.0 percent of global consumption.
6. India is the largest banana producer in the world with 30,460,000 tonnes production per year.
7. The Philippines is the third country on the list with over 9.2 million productions of bananas yearly.
8. Top Banana Consuming Countries:Global purchases of imported bananas totaled 15.6 billion dollars in 2020.Overall, the value of bananas imports for all importing countries rose by an average 6.2 percent since 2016 when international purchases of bananas were valued at 14.7 billion dollars.
9. Worldwide exports of bananas from all countries totaled an estimated 14.7 billion dollars in 2020, up by an average of 41.7 percent for all banana shippers over the five-year period starting in 2016 when bananas shipments were valued at 10.7 billion dollars.
10. Year over year, the value of global banana exports increased by 6.1 percent from 2019 to 2020.The biggest 5 exporters of bananas which are Ecuador, the Philippines, Costa Rica, Colombia, and Guatemala accounted for almost 60 percent of all bananas sold on international markets.
11. From a continental perspective, Latin American excluding Mexico plus the Caribbean produced the highest dollar worth of banana exports in 2020 via shipments valued at 8.7 billion dollars or 57.2 percent of international banana sales.
12. Asian exporters were responsible for 16.9 percent of total exported bananas, trailed by shippers in Europe at 15.7 percent.
13. Among the top exporters, the fastest growing sellers of bananas on international markets from 2019 to 2020 were: Ivory Coast up by 137 percent, Dominican Republic up by 63.9 percent, Ecuador up by 27.5 percent, and Honduras up by 20.5 percent.
BANANA WORLDWIDE TOP PRODUCERS - [BANANA GLOBAL MARKET BUSINESS] BANANA TOP IMPORT & EXPORT COUNTRIES

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