Ecuadorian banana exports grew by 6.70% in volume until August 2023

Fresh Banana
Market & Price Trends
Published Oct 14, 2023

Tridge summary

Ecuadorian banana exports have increased by 6.70% in the period until August 2023, compared to the same period in the previous year. The European Union remains the main destination for banana exports, accounting for 29.94% of the total share. However, there have been reductions in banana exports to Eastern Europe, EFTA Europe, and the Middle East, while the United Kingdom has increased its purchase of Ecuadorian bananas.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

positioning itself as the main export destination. A total of 74.90 million boxes were sent to the European Union, showing an increase of +19.78% compared to the 62.53 million boxes shipped in the same period of 2022. The second destination for banana exports was Russia, concentrating 21.27% of the total, which represents a shipment of 53.19 million boxes, showing a growth of +1.99% (1.04 million more boxes) compared to the 52.15 million shipped in the same period of the previous year. At the regional level, the greatest reductions in banana boxes are evident in Eastern Europe, EFTA Europe and the Middle East. In Europe, the import of Ecuadorian bananas was reduced by 38.79%, going from importing 5.65 million boxes in 2022 to 3.46 million boxes in 2023, that is, 2.19 million boxes not exported to this region. Likewise, Europe EFTA decreased its import level of Ecuadorian fruit by 15.70%, that is, 0.18 million fewer boxes exported to this destination in 2023 compared to 2022. The ...
Source: Agraria
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