Market research

Bananas market in Bangladesh

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Bangladesh's banana market volume increased from 810 thousand tons in 2018 to 840 thousand tons in 2023. Growth in 2019 was supported by a notable rise in banana yield, reflecting improved production efficiency. After a slight dip in 2020, the market recovered, with production peaking in 2021 and contributing to higher volume.

The market continued to expand through 2023, reaching 840 thousand tons. This was facilitated by private sector investments in modern ripening chambers in Gazipur, which enhanced supply to premium segments in Dhaka. Additionally, the emergence of new banana varieties in the market diversified product offerings and supported consumption.

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 Bangladesh
  1. 5.1.1. Annual dynamics of production in Bangladesh in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Bangladesh 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, t
    1. 6.1.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ 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 Bangladesh, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bangladesh 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, t
    1. 6.2.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ 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 Bangladesh, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production bananas in Bangladesh

In kind, 2017-2020, K t

Between 2017 and 2020, Bangladesh ranked as the 26th largest banana producer in the world.

Top producers of bananas, 2017-2020

Source: SHEV.io

World map of production of bananas, 2017-2020

Source: SHEV.io

After two years of growth, banana production in Bangladesh declined. In 2020, the country produced 817.9 K t of bananas, marking a slight reduction of 1.8% from the previous year. The highest production level was recorded in 2019 at 833.3 K t, which also saw the largest annual increase of 2.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.4%	2.8%	(1.8%)	0.4%

Source: SHEV.io

Exports bananas from Bangladesh

Exports in kind, kg

In 2020, Bangladesh exported 61 915 kg of bananas, representing a 33.8% increase compared to 2019.

Annual dynamics of product's exports from Bangladesh in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	33.8%	-

Source: SHEV.io

From 2017 to 2020, Kuwait dominated the export partner structure in volume terms, consistently accounting for 98.8% of total flows.

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

Source: SHEV.io

World map of product's exports from Bangladesh in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Bangladesh exported bananas worth 204.4 K $ US in 2020, showing a sharp increase of 51.1% compared to 2019.

Annual dynamics of product's exports from Bangladesh in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	51.1%	-

Source: SHEV.io

During 2017–2020, 99.0% of Bangladesh's banana exports by value were directed to Kuwait, making this market overwhelmingly dominant.

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

Source: SHEV.io

World map of product's exports from Bangladesh in value, 2017-2020

Source: SHEV.io

Imports bananas to Bangladesh

Imports in kind, kg

Banana import volumes to Bangladesh increased for the third consecutive year. In 2020, imports reached 31 049 kg, reflecting a dramatic surge of 4 273.1% compared to 2019. Between 2017 and 2020, imports grew by 1 034 870%, equivalent to an annualized rate of 2 079.3%.

Annual dynamics of product's imports to Bangladesh in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	246.4%	6 731.6%	4 273.1%	2 079.3%

Source: SHEV.io

Throughout 2017–2020, Vietnam remained the dominant and nearly exclusive source for banana imports to Bangladesh in volume terms, with a share of 97.6%.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The data shows irregular changes, indicating a volatile market environment. The lowest import value was recorded in 2018 at 0.0 K $ US, while the highest was reached in 2020 at 17.2 K $ US, reflecting a 2 114-fold gap. In 2020, banana imports amounted to 17.2 K $ US, which is 801.0% higher than in 2019. The largest decline occurred in 2018 at 46.2%, while the largest increase was recorded in 2019 at 23 359.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(46.2%)	23 359.0%	801.0%	943.6%

Source: SHEV.io

From 2017 to 2020, Vietnam and Oman were the main suppliers of bananas to Bangladesh in value terms, with their combined share amounting to 99.4% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io