Record in Peru’s banana exports

Peru’s banana exports for January to October 2016 were the highest they’ve been for that period in the last five years, a record attributed to increases in its production and in demand in its principal markets.

According to exporter association ADEX, the country’s banana exports in the first 10 months of last year were worth US $128.8 million, up 7% on the total for the same period in 2015. It said the volume exported was also up about 7%.

The main market for Peru’s banana exports last year – accounting for a third of the total – was the Netherlands, for a value of US $43.3 million (up 8.8%). Second was the US, taking a 30.2% share valued at US $ 38.9 million.

Next came Germany with a 14% share ($17.9m), Belgium 9% ($11.2m), the Republic of Korea 4%, Finland, Japan, UK, Canada, the UAE, Italy, France, Mexico, China and Russia, followed by 24 more destinations.