Costa Rica: Banana Production Figures Improve

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.

Monday, February 13, 2017

Export of fresh or dried bananas from Central America Al June 30th, 2019  

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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.

See interactive chart for more details on banana production and exports [Figure caption = "Click to interact with graphics"]

Figures from the National Banana Corporation (Corbana) indicate that in 2016 volume figures reached 120 million boxes of 18.14 kilos, generating revenues of nearly $1 billion. Among the factors behind this recovery are better weather conditions and a decline in rainfall.

Nacion.com reports that "...The good results in 2016 also reversed three years of low productivity, measured in boxes per hectare per year. Last year 2,800 cases were obtained per hectare per year compared to 2,339 cases in 2015 and 2,564 boxes per hectare obtained in 2014."

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More on this topic

Panama: Banana Production with Better Numbers

October 2017

The renovation of plantations and a favorable climate explain the improvement in yield per hectare of bananas in Bocas del Toro, which in the last year rose from 1,700 boxes of 18 kilos to 2,600 boxes.

The figures were confirmed by representatives of Cooperativa Bananera del Atlántico (Coobana RL), which grows 550 hectares of bananas in Changuinola, Bocas del Toro. Of the total production, 60% is exported to Holland, 33% to Ireland and the rest is sold nationally.  

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.  

Banana Boom in Nicaragua

January 2015

An improvement in international prices and an increase in export volumes are responsible for the 282% increase in revenues from banana exports in 2014.

Banana export revenues at the end of 2014 totaled $8.7 million, i.e. $6.5 million more than reported in 2013. In regard to export volume, the figure rose to 22.9 million kilos compared to 9.7 million kilos in 2013.

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.

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