Costa Rica was the largest banana exporter in Central America in 2020

With exports of €924 million, Costa Rica was Central America's main exporter of fresh or dried bananas in 2020. In second place was Guatemala with €793 million, followed by Honduras with €453 million, Panama with €130 million and Nicaragua with €20 million. Banana exports from Panama increased by 19%, from Honduras by 11% and from Costa Rica by 8%. The export of bananas from Guatemala, on the other hand, decreased by 2% and those from Nicaragua by 8%. Between 2019 and 2020, the export value of bananas increased by 7% from €2.152 billion to €2.325 billion. Banana exports from Central America to the United States also grew in that period, from €1.404 billion to €1.503 billion. The average export price of Central American bananas increased slightly in 2020 from €0.32 per kilo in January to €0.35 in December. US is largest market In 2020, 65% of bananas from Central America went to the United States. 10% was exported to the Netherlands, 4% to the ...