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2022
Exports $80.5MWorld Rnk 21 / 161
Flag Rnk 536 / 1214
2022
Destination $2.51M Portugal
2021 - 2022
FASTEST GROWING MARKET $2.51MAustria
2022
PRODUCT COMPLEXITY IN Bananas-1.99Rnk 1001 / 1025
2022
Imports $314MWorld Rnk 12 / 196
Flag Rnk 277 / 1214
2022
Origin $13M France
2021 - 2022
FASTEST GROWING ORIGIN $13MCameroon
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $80.5M in Bananas, making it the 21st largest exporter of Bananas in the world. At the same year, Bananas was the 536th most exported product in Spain. The main destination of Bananas exports from Spain are: Portugal ($62.9M), France ($4.2M), Belgium ($2.87M), Austria ($2.52M), and Germany ($1.38M).

The fastest growing export markets for Bananas of Spain between 2021 and 2022 were Austria ($2.51M), Netherlands ($748k), and Germany ($482k).

Imports In 2022, Spain imported $314M in Bananas, becoming the 12th largest importer of Bananas in the world. At the same year, Bananas was the 277th most imported product in Spain. Spain imports Bananas primarily from: France ($78.4M), Costa Rica ($73.5M), Colombia ($29.8M), Ecuador ($27.8M), and Portugal ($26.2M).

The fastest growing import markets in Bananas for Spain between 2021 and 2022 were Cameroon ($13M), France ($8.53M), and Cote d'Ivoire ($4.21M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Bananas exports accounted up to €8.44M and imports accounted up to €27.4M, resulting in a negative trade balance of €19M. Between June 2023 and June 2024 the exports of Spain's   Bananas have decreased by €-1.36M (-13.9%) from €9.79M to €8.44M, while imports decreased by €-6.79M (-19.8%) from €34.2M to €27.4M.

Destinations In June 2024, Bananas were exported mostly to Portugal (€6.97M), France (€343k), Czechia (€327k), Netherlands (€236k), and Romania (€111k), and were imported mostly from Costa Rica (€12.8M), Colombia (€4.67M), Cote d'Ivoire (€2.59M), Ecuador (€2.26M), and Cameroon (€1.59M).

Growth In June 2024, the decrease in Bananas's year-by-year exports was explained primarily by a decrease in exports to Switzerland (€-89.4k or -56.5%), France (€-14.2k or -3.02%), and Bulgaria (€-7.86k or -52.8%). In June 2024, the decrease in Bananas's year-by-year imports was explained primarily by a decrease in imports from France (€-285k or -77.2%), Portugal (€-204k or -37.4%), and Ghana (€-140k or -63.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.36M(-13.9%)
IMPORT GROWTH (June 2023 - June 2024)€-6.79M(-19.8%)
MAIN EXPORTER (June 2024)Pontevedra€5.82M
MAIN DESTINATION (June 2024)Portugal€6.97M

This section shows Bananas's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Bananas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$80.5M
IMPORTS (2022)$314M
NET TRADE (2022)-$234M

In 2022, Spain exported $80.5M in Bananas. The main destinations of Spain exports on Bananas were Portugal ($62.9M), France ($4.2M), Belgium ($2.87M), Austria ($2.52M), and Germany ($1.38M).

In 2022, Spain imported $314M in Bananas, mainly from France ($78.4M), Costa Rica ($73.5M), Colombia ($29.8M), Ecuador ($27.8M), and Portugal ($26.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Austria$2.51M (20.5k%)
Netherlands$748k (389%)
Germany$482k (53.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Spain WERE (2021 - 2022):
Portugal-$17.3M (-21.6%)
France-$2.38M (-36.2%)
Morocco-$1.46M (-81.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Bananas were:
Ecuador $3.68B
Philippines $1.41B
Costa Rica $1.22B
In 2022, Spain's main importing competitors in Bananas were:
United States $2.7B
China $1.06B
Japan $797M

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $2.64M
TOP IMPORT POTENTIALEcuador+ $9.95M

Bananas’s highest export potential is Italy. With an export gap of $2.64M.   Bananas’s highest import potential is Ecuador with an import gap of $9.95M.

See methodology.

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