The Explosion of Banana Imports

Year World Imports

 

The FAO states that volume of banana imports rather than volume of exports is the best barometer of the growth of the banana industry. This is because export and import data rarely match. Since most importing countries have very sophisticated customs, the trend is to see how banana importing has grown to get a good grasp of the growth of the market. Banana imports have clearly had an incredible rate of growth in the past few decades. In the 1980s alone world imports rose by a 28%, "though per capita increases were only about half that due to the increase in population" (Roche 69). Still, that is a very good growth rate, one that continued into the 1990s, as evidenced by the table.

Almost every banana that is exported from the major exporting countries finds its way into the hands of someone in the northern hemisphere. Over 90 percent of these bananas are sold in Canada, The United States, and the European Union, with even more increasing numbers being sold in Asian markets. The World largest importers are the United States and the European Union with both importing around 29 percent of the worlds exports of bananas.

 

 

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