Central American Bananas: 78% bought by 3 Countries


News from Panama / Tuesday, July 18th, 2017

In 2016 the countries in the region exported $2,393 million worth of bananas, and 78% of them went to the United States, the Netherlands and Italy.

Figures from the Information System on the fresh and dried banana market in Central America compiled by the Business Intelligence Unit at CentralAmericaData: [Figure caption = “Click to interact with the graphic”]

Explore data in interactive graphs. 

Main destination and their exporters 
In 2016 the USA accounted for 66% of the value of Central American exports of fresh or dried bananas, worth $1,584 million.

According to CentralAmericaData’s interactive platform “Crop Monitoring in Central America”, of the value exported to the US in 2016, the companies Del Monte, Standard Fruit, Tropical Rica and Cobal accounted for approximately 20%.

Variation of regional exports 
Between 2015 and 2016 the export value of fresh or dry bananas increased by 8% going from $2,215 million sold in 2015 to $2,393 million in 2016. The volume exported also grew by 8%, going from 5.2 million tons in 2015 to 5.7 million tons last year.

Exports by country
In 2016 the leading exporter of fresh or dried bananas in Central America was Costa Rica with $997 million, followed by Guatemala, with $777 million, Honduras, with $510 million, Panama with $92 million Nicaragua with $17 million and El Salvador, with $2 million.