Banana exports grew 4.57% in the first quarter of 2023 thanks to Europe

Published 2023년 4월 27일

Tridge summary

Ecuador's banana exports increased by 4.57% in the first quarter of 2023 compared to the same period in 2022, with a total of 99.8 million boxes exported from January to March 2023. The largest growth in exports was seen in the European Union, Russia, and the United States. However, there was a decrease in exports to the Middle East, East Asia, Eastern Europe, and Canada. Russia was the largest recipient of Ecuador's banana exports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A better start to the year for the banana sector. Exports of one of Ecuador's star products, measured by boxes, grew 4.57% in the first quarter of 2023, compared to the same period in 2022, according to data from the Banana Marketing and Export Association (Acorbanec). In total, 99.8 million boxes of bananas have been exported between January and March 2023, compared to 95.4 million in the same period last year. The banana union indicates that the main increases in exports are reflected in the European Union with 25.15%; Russia with 10.62%; United States with 10.98%; United Kingdom with 30.64%. (Also read: "In February the country exported more mining products than bananas") For Richard Salazar, president of Acorbanec, he assured that the increase in markets such as the European or British is due to the fact that demand is high at this time of year. In addition, there is also a greater production by Ecuador. On the other hand, there are reductions in exports in the Middle East ...

Source: Expreso