Colombian banana exports registered a growth of 15.8% between January and July 2024

Published Oct 11, 2024

Tridge summary

Between January and July 2024, Colombia experienced a significant growth in its banana exports, with over 63.7 million boxes sent out, marking a 10 million box increase compared to the same period in 2023. This growth resulted in a 15.8% rise in the value of external sales, escalating from US$510.6 million in 2023 to US$591.5 million in 2024. The banana industry is vital to Colombia's economy, especially in regions such as Urabá and Magdalena, providing employment for 50,000 people. The Colombian Banana Growers Association, Augura, is planning to use its participation in the Fruit Attraction 2024 event in Madrid to strengthen trade relations and advocate for fair prices, emphasizing the industry's social and environmental sustainability.

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

Original content

(Agraria.pe) Between January and July 2024, Colombia exported more than 63.7 million boxes of bananas, exceeding the figures from the previous year. According to data provided by the Colombian Banana Growers Association, Augura, this represents an increase of 10 million boxes compared to the same period in 2023, thus consolidating a 15.8% growth in the value of the sector's external sales. Income from these exports went from US$510.6 million reported between January and July 2023 to US$591.5 million in the same months of 2024, reflecting an increase that reinforces the importance of bananas in the Colombian economy, especially in producing regions such as Urabá and Magdalena. According to Emerson Aguirre, president of Augura, “this growth is not only crucial for economic stability, but also for the well-being of 50,000 direct workers who depend on this industry, many of them located in municipalities such as Turbo and Apartadó, where banana cultivation constitutes up to 70% of ...

Source: Agraria