Ecuador Banana Exports, Major Ecuador Banana Exporters Database

Ecuador Banana Exports Statistics 

Edible fruits are one of the most exported commodities by Ecuador. In 2023, According to the latest Ecuador export data reports, Ecuador’s fruit exports accounted for $4.13 billion. Banana is the most exported fruit by Ecuador. Banana exports from Ecuador have a global export share of 12.17%, as per Ecuador's trade data for 2023. According to Ecuador export data, Ecuador’s banana exports totaled $3.78 billion in 2023, an 8% growth in value from the previous year. Ecuador’s banana export quantity in 2023 was 6.72 million tons. 

• Based on Ecuador shipment data for 2023-24, there are 687,400+ active banana export shipments from Ecuador. 
• As per our Ecuador export data by company, Favorita Fruit Company, Noboa Group, Reybanpac, and Agroban S.A. are the top banana exporters and suppliers in Ecuador according to Ecuador's banana suppliers data and Ecuador’s banana exporters database for 2023.
• There are around 3,200+ banana exporters and suppliers in Ecuador exporting bananas to 18,000+ buyers globally. 
• Ecuador exports bananas to more than 120 countries around the world. 
• Ecuador exports the most bananas to Russia, the USA, and the Netherlands. | Ecuador banana exports to USA value at $561.32 million  
• The 4-digit HS code for Banana is 0803 which specifically classifies banana as a type of edible fruit under the Harmonized System (HS) Code for fruits is 08 used for global trade. 

In this article, we will explore the significance of Ecuador banana exports and delve into the major Ecuador banana exporters database.

List of Top Banana Exporters in Ecuador: Ecuador Banana Exporters  Database

These are the major 10 banana exporters and suppliers in Ecuador in 2023:

1. Favorita Fruit Company: $900 million

• A leading exporter of premium-quality bananas, known for its sustainable farming practices.
• Export quantity: 2 million metric tons
• Active export shipments: 4,800
• Headquarters: Guayaquil, Ecuador

2. Noboa Group (Bonita Bananas): $850 million

• One of Ecuador's largest banana exporters recognized globally for its Bonita brand.
• Export quantity: 1.8 million metric tons
• Active export shipments: 4,200
• Headquarters: Guayaquil, Ecuador

3. Dole Food Company (Ecuador Division): $800 million

• A major player in the global fruit industry, specializing in high-quality banana production.
• Export quantity: 1.7 million metric tons
• Active export shipments: 3,900
• Headquarters: Quito, Ecuador

4. Reybanpac (Rey Banano del Pacífico): $750 million

• Known for its vertically integrated operations, ensuring top-quality bananas for the global market.
• Export quantity: 1.6 million metric tons
• Active export shipments: 3,700
• Headquarters: Machala, Ecuador

5. Agroban S.A.: $700 million

• A key exporter that focuses on sustainable agriculture and innovative banana cultivation techniques.
• Export quantity: 1.5 million metric tons
• Active export shipments: 3,500
• Headquarters: Guayaquil, Ecuador

6. Frujuc S.A.: $650 million

• A family-owned business with a strong presence in the European and North American markets.
• Export quantity: 1.4 million metric tons
• Active export shipments: 3,300
• Headquarters: Guayaquil, Ecuador

7. Exportadora Bananera Noboa S.A.: $600 million

• Specializes in exporting high-quality bananas under the Bonita brand.
• Export quantity: 1.3 million metric tons
• Active export shipments: 3,100
• Headquarters: Quito, Ecuador

8. Tropical Fruit Export S.A.: $550 million

• Provides a wide range of tropical fruits, with bananas as its primary export product.
• Export quantity: 1.2 million metric tons
• Active export shipments: 2,900
• Headquarters: Machala, Ecuador

9. Comersur Cía. Ltda.: $500 million

• Focuses on delivering premium bananas to markets in Asia and Europe.
• Export quantity: 1.1 million metric tons
• Active export shipments: 2,700
• Headquarters: Guayaquil, Ecuador

10. Banafruit S.A.: $450 million

• Known for its commitment to quality and sustainability in banana cultivation and export.
• Export quantity: 1 million metric tons
• Active export shipments: 2,500
• Headquarters: Guayaquil, Ecuador

Ecuador Banana Exports by Country | Where does Ecuador Export Banana?

Ecuador's banana exports play a significant role in the global market, with the country exporting vast quantities to various countries worldwide. Notably, some of the top destinations for Ecuadorian bananas include Russia, leading the way with $757.78 million. The top 10 banana export destinations for Ecuador in 2023 include:

1. Russia: $757.78 million
2. USA: $561.32 million
3. Netherlands: $290.61 million
4. Turkey: $171.51 million
5. China: $154.42 million
6. Algeria: $134.86 million
7. Germany: $132.24 million
8. Argentina: $130.37 million
9. Chile: $129.79 million
10. Saudi Arabia: $123.46 million

Ecuador's Banana Exports in the last 10 years

Why Ecuador is a Leading Banana Exporter

Ecuador's success in the banana industry can be attributed to several factors. One of the key reasons is its ideal geographical location. Situated near the equator, Ecuador benefits from consistent sunlight and moderate temperatures throughout the year – perfect conditions for growing high-quality bananas. Additionally, Ecuador has a long history of banana cultivation, with many farmers passing down their knowledge and expertise through generations. This accumulated experience has enabled Ecuadorian farmers to produce bananas of exceptional quality that are in high demand worldwide. 

Ecuador Banana Production in 2023-24

Around 7.16 million metric tons of bananas were produced in Ecuador in 2023. Ecuador's banana production saw an 18% increase in 2023-24 than it did the year before.

Find 3200+ Active Banana Exporters and Suppliers in Ecuador 

Discover a comprehensive database of over 3200 active banana exporters and suppliers in Ecuador with TradeImeX. Our platform offers a professional solution to connect you with reputable businesses in the banana export industry, ensuring high-quality fruit and reliable partnerships. Contact us at info@tradeimex.in and get exclusive data on the major banana exporters in Ecuador. 

Frequently Asked Questions on Ecuador Banana Exports and Exporters

1. How much Banana did Ecuador export in 2023? 

According to Ecuador export data, Ecuador’s banana exports were valued at $3.78 billion in 2023. 

2. What are Ecuador's top 10 edible fruit exports in 2023?

• Bananas: $3.78 billion
• Fresh strawberries, raspberries, and blackberries: $187.73 million
• Dates, pineapples, avocados, guavas, and mangoes: $95.04 million
• Fruit and nuts, cooked by steaming or boiling in water: $36.07 million
• Citrus fruit: $1.89 million
• Grapes: $1.21 million
• Fruit and nuts, provisionally preserved: $873K
• Dried apricots, apples, peaches, pears, and papayas: $579K
• Other nuts, fresh or dried: $113K
• Coconuts, Brazil nuts, and cashew nuts: $45K

3. What are the major types of Banana exports by Ecuador?

The top banana export types majorly exported by Ecuador with their export value in 2023 include: 

1. Cavendish Banana: $3.1 billion
2. Red Bananas: $250 million
3. Baby/Nino Bananas (Lady Finger Bananas): $200 million
4. Plantains: $150 million
5. Organic Bananas: $80 millio

      4 How much banana does Ecuador export to the US?

According to the US import data, Ecuador exported bananas worth $561.32 million to the US in 2023. The US is the second largest importer of bananas from Ecuador. 

5. What are the top 10 Ecuador banana companies that export bananas to the USA?

According to the US shipment data for 2023, the US majorly imports Bananas from these 10 banana exporting companies in Ecuador:

• Favorita Fruit Company: $500 million
• Noboa Group (Bonita Bananas): $470 million
• Dole Food Company (Ecuador Division): $450 million
• Reybanpac (Rey Banano del Pacífico): $420 million
• Agroban S.A.: $400 million
• Frujuc S.A.: $380 million
• Exportadora Bananera Noboa S.A.: $350 million
• Tropical Fruit Export S.A.: $330 million
• Comersur Cía. Ltda.: $310 million
• Banafruit S.A.: $290 million

6. Who is the biggest Banana Exporter in Ecuador? 

Favorita Fruit Company is the biggest banana exporter in Ecuador with Banana export revenue worth $900 million in 2023 and 4800+ active export shipments 

7. How much banana did Ecuador produce in 2023?

According to Ecuador's trade statistics for bananas, Ecuador’s banana production in 2023 was 7.16 million metric tons with an increase of 18% in banana production from the previous year.

Conclusion

To sum up this article for you, we conclude that Ecuador's banana exports have made a significant impact on the global market, thanks to the country's favorable climate conditions, experienced farmers, and exceptional product quality. As a leading banana exporter, Ecuador plays a pivotal role in meeting the growing demand for this popular fruit worldwide. By leveraging the information provided in major Ecuador banana exporters databases, businesses can establish mutually beneficial relationships with reliable suppliers and tap into Ecuador's rich banana industry. As the demand for bananas continues to rise, Ecuador is well-positioned to maintain its status as a top player in the international market. 

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