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Volumes and Directions of Banana Exports from South America

In: The Sustainable Development of the Entrepreneurial Economy in the Fifth Industrial Revolution

Author

Listed:
  • Nikolay G. Platonovskiy
  • Gani Z. Ibiev
  • Tatiana V. Ostapchuk
  • Alexander V. Shuldyakov
  • Shaidulla N. Gatiyatulin

Abstract

The authors examine the transformation of banana exports from South America between 2010 and 2022. They highlight the leading countries in this process and identify the top 10 international destinations outside the region where these exports were primarily directed. During the specified period, banana exports from South America increased from 7164.0 thousand tons to 9460.1 thousand tons (a 1.32-fold increase). The corresponding global figure increased from 17490.9 thousand tons to 24896.4 thousand tons (a 1.42-fold increase). As a result, the share of this macroregion in global banana exports slightly decreased from 40.96% in 2010 to an average of 38.00% in 2021–2022. The authors determined that the leading banana suppliers from South America to other countries were Ecuador and Colombia, accounting for an average of 72.37% and 22.87%, respectively, of the region’s banana exports in 2021–2022. The primary destinations for banana exports from South America were Russia (16.72% of the region’s banana exports), the USA (14.17%), the Netherlands (6.22%), Belgium (6.16%), Italy (5.48%), Germany (5.11%), Turkey (4.67%), the UK (3.93%), Saudi Arabia (2.15%), and Slovenia (2.15%). These countries received 66.76% of the physical volume of banana exports from South America. It is necessary to note that the authors did not include countries from the considered macroregion. Specifically, Argentina and Chile accounted for an average of 5.04% and 2.57% of banana imports from other countries on this continent in 2021–2022.

Suggested Citation

  • Nikolay G. Platonovskiy & Gani Z. Ibiev & Tatiana V. Ostapchuk & Alexander V. Shuldyakov & Shaidulla N. Gatiyatulin, 2026. "Volumes and Directions of Banana Exports from South America," World Scientific Book Chapters, in: Elena Popkova & Gulnora Abdurakhmanova (ed.), The Sustainable Development of the Entrepreneurial Economy in the Fifth Industrial Revolution, chapter 13, pages 149-160, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789819802920_0013
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    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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