Ecuadorian banana shipments on the rise: International exports rise 7%

Fresh Banana

Fruits

Ecuador

Market & Price Trends

Published Oct 12, 2023

Tridge summary

In August 2023, Ecuador exported 250.13 million boxes of bananas, compared to 234.42 million boxes in 2022, representing a 6.70% increase. The European Union accounted for 29.94% of global banana exports in 2023, followed by Russia at 21.27%. Eastern Europe, EFTA Europe, and the Middle East saw reductions in the import of Ecuadorian bananas, while the United Kingdom increased its purchases. The Netherlands and Germany were the top destinations within the European Union, and Turkey was the largest market in the Middle East. Algeria was the main export destination in Africa, with a growth rate of 59.42%.

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

For August 2023 - latest report - according to the Association of Banana Exporters of Ecuador (AEBE), accumulated exports were 250.13 million boxes of Ecuadorian bananas. In 2022, shipments totaled 234.42 million boxes, which represented an increase of 6.70%, that is, 15.71 million additional boxes of bananas were exported for the period. Of the 250.13 million boxes of bananas exported in 2023, the European Union accounts for 29.94% of global exports, positioning itself as the main export destination. In 2023, a total of 74.90 million boxes were shipped, in contrast to 2022, exports were 62.53 million boxes, which represents an increase of 19.78%. The second destination for banana exports was Russia with 21.27%, which represents a shipment of 53.19 million boxes. By 2022, accumulated exports to this same destination reached around 52.15 million boxes, which represents an increase of 1.99%, that is, an increase of 1.04 million boxes. At the regional level, the greatest reductions ...

Source: MXfruit