Global Banana Imports by Country - Tendata

tendata blogMarket Insights

ten data blog13-08-2024

In 2023, worldwide spending on imported bananas totaled an impressive US$17 billion. This figure represents a 4.6% increase compared to 2019, when the global import value was $16.2 billion. Year-on-year, expenditures on imported bananas saw a rise of 6.6% from the $15.9 billion recorded in 2022.


The top 5 importers of bananas, including plantains, were the United States, Germany, mainland China, Japan, and the Netherlands. Together, these leading countries accounted for 42.8% of the total global banana imports in 2023.


European countries led the way in banana imports, spending $8.9 billion, which represents 52.4% of the global total. North America followed with 21.5%, including the United States and Canada, while Asia accounted for 20.7% of the imports. Smaller shares came from Latin America and the Caribbean (3.1%), Africa (1.8%), and Oceania (0.5%), primarily driven by New Zealand.


For classification purposes, the 4-digit Harmonized Tariff System (HTS) code for fresh or dried bananas and plantains is 0803.


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Top Banana Importing Countries in 2023

The following are the 15 countries with the highest dollar value of banana imports in 2023:

1. United States: US$3.1 billion (18.5% of global imports)

2. Germany: $1.2 billion (6.8%)

3. Mainland China: $1.1 billion (6.4%)

4. Japan: $961.2 million (5.7%)

5. Netherlands: $911.4 million (5.4%)

6. France: $883.2 million (5.2%)

7. Russia: $760.7 million (4.5%)

8. United Kingdom: $733.4 million (4.3%)

9. Belgium: $681.7 million (4%)

10. Italy: $624.8 million (3.7%)

11. Canada: $504.2 million (3%)

12. Poland: $376.4 million (2.2%)

13. Spain: $368.7 million (2.2%)

14. South Korea: $304.7 million (1.8%)

15. Argentina: $298.5 million (1.8%)


These 15 nations accounted for 75.4% of the global banana imports in 2023.


The fastest-growing markets for bananas from 2022 to 2023 included Argentina (up 38.9%), the Netherlands (up 25.5%), Spain (up 24.3%), and France (up 20.5%). Conversely, mainland China and Russia saw declines in their banana import volumes, decreasing by -6.9% and -4.2%, respectively.


Banana Importing Companies in 2024

Here are some notable companies involved in the banana import industry for 2024:

1. АО "АРВИАЙ (РАШЕН ВЕНЧУР ИНВЕСТМЕНТС)" (63,700%, $81.76 Million)

2. АО "ГРАНД-ТРЕЙД" (27,900%, $33.13 Million)

3. SHEDEVR BULLS MAS ULIYATI CHEKLANGAN JAMIYATI (16,400%, $0 Million)

4. TROPICAL ARGENTINA S R L (23,200%, $1.76 Million)

5. TOO FRUIT TERMINAL ФРУТ ТЕРМИНАЛ (24,900%, $21.86 Million)

6. ООО "ТСБ СЕВЕР" (11,900%, $20.6 Million)

7. ООО "МАНГО РИТЕЙЛ" (15,200%, $15.96 Million)

8. ARGENFRUIT SA (12,700%, $1.01 Million)

9. ООО "ФРУТСЭЛЛ" (9,000%, $14.37 Million)

10. ТЗОВ ТРОПІК М ЛЬВІВ (108,300%, $18.92 Million)

These companies represent significant players in the banana import market, contributing to the global distribution of this essential fruit.


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