Market research

Bananas market in Argentina

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2023, the Argentine banana market experienced fluctuations primarily driven by changes in import volumes, while domestic production remained stable at approximately 177 thousand tons per year.

After a contraction in 2019 that reduced the market size to 610 thousand tons, imports rebounded strongly in 2020, pushing the market to 645 thousand tons. This growth continued into 2021, reaching a peak of 657 thousand tons.

The market then stabilized around 647 thousand tons in 2022 and 2023, with minimal year-on-year changes.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Argentina
  1. 5.1.1. Annual dynamics of production in Argentina in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Argentina in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, K t
  2. 7.1.2. In value, M $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, K t
  2. 7.2.2. In value, M $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production bananas in Argentina

In kind, 2017-2020, K t

Top producers of bananas, 2017-2020

Source: SHEV.io

World map of production of bananas, 2017-2020

Source: SHEV.io

Banana production in Argentina remained broadly stable in 2020, with output reaching 176.9 K t. This level was similar to the previous year, with the largest decline recorded in 2019 at 0.0%.

Annual dynamics of production in Argentina in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.1%	0.0%	0.2%	0.1%

Source: SHEV.io

Exports bananas from Argentina

Market analysis indicates that Argentina did not export bananas from 2017 to 2020.

Imports bananas to Argentina

Imports in kind, K t

After two years of contraction, Argentina's banana imports increased in 2020. The country imported 468.0 K t of bananas, reflecting an 8.0% rise compared to 2019. Between 2017 and 2020, imports decreased by 4.1%, equating to an annualized rate of 1.4%. The lowest import volume was recorded in 2019 at 433.3 K t, while the largest decline occurred in 2018 at 7.9%.

Annual dynamics of product's imports to Argentina in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.9%)	(3.6%)	8.0%	(1.4%)

Source: SHEV.io

From 2017 to 2020, Ecuador and Bolivia were the dominant markets for Argentina's banana imports in kind, jointly accounting for 82.9% of total flows. Other countries represented the remaining share.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Argentina in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Following a two-year decline, Argentina's banana import value increased in 2020. Import volume reached 241.6 M $ US, representing a solid 24.0% increase compared to the previous year. The lowest value was recorded in 2019 at 194.8 M $ US, with the largest decline also occurring in 2019 at 10.3%.

Annual dynamics of product's imports to Argentina in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.1%)	(10.3%)	24.0%	0.4%

Source: SHEV.io

Between 2017 and 2020, Ecuador was the primary source for Argentina's banana imports in value terms, accounting for 74.5% of total flows. Other markets formed a long tail of smaller partners.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Argentina in value, 2017-2020

Source: SHEV.io