On-the-Ground Updates

Ecuador's Banana Exports Surged 6.36% YoY in Oct-23

Fresh Banana
Ecuador
Market & Price Trends
Thao Nguyen
Published Dec 1, 2023
In Oct-23, Ecuador's banana exports increased by 6.36% year-on-year (YoY). The total banana exports from Jan-23 to Oct-23 reached 292.38 million boxes. The European Union (EU) accounted for 29.30% of the total exports during this period, with 85.68 million boxes shipped, reflecting an 18.42% YoY increase. Russia, the second-largest destination, had a 21.40% share, with 62.57 million boxes shipped, showing a slight decrease of 0.9% YoY from the previous year's 63.14 million boxes.
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