Bananas in Spain | The Observatory of Economic Complexity

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

February 2024

About

Overview In February 2024 Spain's Bananas exports accounted up to €7.29M and imports accounted up to €20.1M, resulting in a negative trade balance of €12.8M. Between February 2023 and February 2024 the exports of Spain's Bananas have decreased by €-839k (-10.3%) from €8.13M to €7.29M, while imports decreased by €-2.2M (-9.87%) from €22.3M to €20.1M.

Destinations In February 2024, Bananas were exported mostly to Portugal (€5.21M), France (€755k), Morocco (€465k), Netherlands (€181k), and Romania (€137k), and were imported mostly from Costa Rica (€9.68M), Colombia (€4.81M), Cote d'Ivoire (€2.14M), Ecuador (€1.3M), and Cameroon (€1.01M).

Growth In February 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 February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-839k(-10.3%)

IMPORT GROWTH (February 2023 - February 2024)€-2.2M(-9.87%)

MAIN EXPORTER (February 2024)Pontevedra€3.62M

MAIN DESTINATION (February 2024)Portugal€5.21M

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

Trade Value

Growth

Growth (%)

Year

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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