Banana Exports Rebound in Costa Rica

Although not yet reaching the numbers of 2008, exports in 2010 will exceed 20% of those in 2009 and are expected to continue to improve in 2011.

Tuesday, December 14, 2010

Weather affected production of bananas in 2009, when only 87 million boxes were sold overseas. In 2010 exports will reach 100 million boxes, valued at nearly $ 700 million.

For 2011 the National Banana Corporation (CORBANA) projects continued increase in exports and to reach 105 million boxes.

EFE's article reports words from the general manager of CORBANA, Jorge Sauma, "there are risk factors for competitiveness and exports of Costa Rican fruit, including the Dollar value in 2010 which has fallen nearly 11% in Costa Rica, the excess supply of bananas worldwide and the low production costs in competing countries, especially African countries."

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Costa Rica: Banana Production Figures Improve

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In 2016 a record 120 million boxes of 18 kilos were exported, generating revenues of $986 million, and productivity rose from 2,339 boxes per hectare in 2015 to 2,800 last year.

2016 was a good year for the banana sector in Costa Rica, which registered a significant rise compared to results seen in previous years. Compared to 2015 not only did overall productivity improve, but sales grew in value and volume.

Market Share of Bananas from Costa Rica in Europe

October 2016

Costa Rica's share in the market for bananas imported by the European Union increased from 13.7% in 2009 to 15.2% in 2015.

The main reason behind the increase is the reduction of tariffs on bananas from Latin America, which fell from 176 euros per ton to 103 euros.  

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.

Costa Rica: Good Times to Come for the Banana Industry

September 2010

The banana industry expects to end the year with a total of 103 million boxes exported, tying production levels with those of 2008.

In the Caribbean region, where almost all of the production area is found (42,595 hectares), weather has been favorable, contributing to the upturn in production.

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