Honduras: Record Figures for Banana Exports

Up to September, an export value of $296.6 million has been reported and the end of year figures are expected to be close to $400 million.

Wednesday, November 23, 2011

According to the Central Bank of Honduras, bananas rank second in generating foreign exchange, coming after coffee.

Closing the year with figures close to $400 million would mean the highest value generated in the last decade.

According to an article in Elheraldo.hn, "When compared to the value of exports from January to September 2010 ($234.3 million), there is an increase of $62.3 million and 26.6 percentage points in value.

This can be explained by the 19.5% increase in the international price of the fruit. The price per box of 40 pounds increased from 12.56 to 15.02 dollars during the period. "

More on this topic

U.S. Main Destination for Costa Rican Bananas

May 2012

Almost 50% of banana exports in 2011, $350.9 million worth, went to the U.S.

At the end of 2011 the country had exported a total of $749.7 million, 6% higher than the $706.1 in 2010.

The main destinations for Costa Rican banana exports were the USA with 47% of total exports, followed by Britain with 13%.

Banana Export Revenues Up

January 2012

Despite lower volume exported in 2011 by Panama, sales revenues abroad grew by 30% compared to 2010.

Last year 13.2 million cartons of green banana were sold and the value of exports from Panama increased by 30%, thanks to an improvement in international prices and productivity, said Roberto Santamaria, director of the Banana Program at the Ministry Agricultural Development.

The Future of Bananas in Costa Rica

February 2012

The Fourth International Banana Conference is a platform for discussing the challenges of commercializing and modernizing production of the "golden fruit" in Costa Rica.

The opening ceremony was held on Tuesday 21st February at the Ramada Hotel Convention Center in San Jose. The opening activity was attended by over 400 businessmen, industrialists and scientists, both national and international, from the banana sector.

Honduras: Banana Exports Grow

May 2012

Foreign sales of Honduran bananas during the first two months of 2012 exceeded by $25 million sales in the first two months of last year.

A 'Trade Report' by the Central Bank of Honduras said that banana exports brought in revenues of $76.2 million in the first two months of 2012, surpassing the $52 million in the same period last year.

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