China's overall banana imports have declined but Laos' exports have increased instead

Published 2024년 11월 11일

Tridge summary

In September 2024, China's banana imports decreased by 13.82% compared to the same period in 2023, totaling 105,000 tons with a value of US$62.8 million. From January to September 2024, banana imports were down by 8.5% year-on-year, totaling 1.2 million tons with a value of US$650 million, marking a 22.44% decrease compared to the previous year. The main suppliers were Vietnam, the Philippines, Cambodia, Ecuador, and Laos, with only Vietnam and Laos experiencing increases in exports. The majority of China's banana importers are distributed across 19 provinces, with the largest imports in Shanghai, Liaoning, and Zhejiang. The opening of the Beijing-Laos Railway is expected to boost Laos' banana market share in Beijing from 30% to over 50%.

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

Original content

According to data from the General Administration of Customs of China, China imported 105,000 tons of bananas in September 2024, a decrease of 13.82% compared with the same period in 2023, with a value of US$62.8 million (about RMB 450 million), a year-on-year decline of 16.7%. From January to September 2024, my country imported a total of 1.2 million tons of bananas, a decrease of 8.5% year-on-year, with a value of US$650 million (about RMB 4.65 billion), a decline of 22.44% compared with 2023. During the statistical period, the five major banana suppliers were: 1. Vietnam: 486,000 tons, accounting for 39.34% of imports, with a value of US$201 million (about RMB 1.43 billion) 2. Philippines: 311,000 tons, accounting for 25.2%, worth $175 million (about 1.25 billion yuan) 3. Cambodia: 182,000 tons, accounting for 14.77%, worth $116 million (about 830 million yuan) 4. Ecuador: 177,000 tons, accounting for 14.36%, worth $120 million (about 850 million yuan) 5. Laos: 61,000 tons, ...

Source: Guojiguoshu