Market research

Bananas market in Bolivia

Bananas market in Bolivia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2020, Bolivia's banana market volume saw fluctuations driven primarily by export performance. In 2018, exports to Chile doubled, but the key Argentine market contracted due to an economic crisis and competition from other countries, leading to a drop in total exports the following year. This export decline contributed to a rise in domestic market volume to 192 thousand tons in 2019. However, in 2020, exports recovered, reducing market volume to 185 thousand tons while its value increased to 57.5 million USD, likely reflecting higher prices.

The market adjusted further in 2022 when banana exports hit a record 127 thousand tons, earning 41 million USD, largely facilitated by a special payment mechanism with Argentina. This surge in exports lowered domestic volume to 181 thousand tons but pushed market value to 66 million USD. By 2023, volume stabilized at 181 thousand tons with a slight value dip to 64.1 million USD. In 2024, export volume fell 19% and value dropped 30% through August, coinciding with government subsidies through EMAPA and investment plans aimed at boosting production and seeking new international markets.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 4.1.2. In value
        1. 4.1.2.1. Production, 2018-2023
        2. 4.1.2.2. Imports, 2018-2024
        3. 4.1.2.3. Exports, 2018-2024
        4. 4.1.2.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Bolivia
      1. 5.1.1. Annual dynamics of production in Bolivia in kind, 2018-2023, K t
      2. 5.1.2. Annual dynamics of production in Bolivia 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. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, K t
        1. 6.1.2.1. Annual dynamics of product's exports from Bolivia in kind, 2018-2024, K t
        2. 6.1.2.2. Dynamics of product's exports in kind from Bolivia by countries, 2018-2024, K t
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Bolivia in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Bolivia by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's exports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Bolivia, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's exports from Bolivia by countries, 2018-2024, $ US/t
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, K t
        1. 6.2.2.1. Annual dynamics of product's exports from Bolivia in kind, 2018-2024, K t
        2. 6.2.2.2. Dynamics of product's exports in kind from Bolivia by countries, 2018-2024, K t
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Bolivia in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Bolivia by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's exports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Bolivia, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's exports from Bolivia by countries, 2018-2024, $ US/t
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, K t
        1. 7.1.2.1. Annual dynamics of product's imports to Bolivia in kind, 2018-2024, K t
        2. 7.1.2.2. Dynamics of product's imports in kind to Bolivia by countries, 2018-2024, K t
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Bolivia in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Bolivia by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's imports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Bolivia, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's imports to Bolivia by countries, 2018-2024, $ US/t
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, K t
        1. 7.2.2.1. Annual dynamics of product's imports to Bolivia in kind, 2018-2024, K t
        2. 7.2.2.2. Dynamics of product's imports in kind to Bolivia by countries, 2018-2024, K t
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Bolivia in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Bolivia by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's imports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Bolivia, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's imports to Bolivia by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, K t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, K t
      2. 8.2.2. In value, K $ US
  9. 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 Bolivia

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

In 2020, Bolivia produced 301.2 thousand tons of bananas, showing virtually no change from the previous year. Looking at the period from 2017 to 2020, production grew by 4%, which translates to an average annual increase of 1.3%. The highest production level was recorded in 2018 at 305.9 thousand tons. The most significant decline occurred in 2019 with a drop of 1.5%, while the largest increase was seen in 2018 with growth of 5.6%.

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

Parameter201820192020CAGR
1Change from last year5.6%(1.5%)(0.0%)1.3%
Source: SHEV.io

In value, 2017-2020, K $ US

In 2020, the value of banana production in Bolivia reached 93 750 thousand US dollars, marking a 14.0% increase year-over-year. From 2017 to 2020, production value rose by 15.7%, averaging an annual growth rate of 5.0%. The most substantial decline was recorded in 2019, when production value fell by 4.4%.

Annual dynamics of production in Bolivia in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year6.2%(4.4%)14.0%5.0%
Source: SHEV.io

Exports bananas from Bolivia

Exports in kind, K t

Following two consecutive years of decline, Bolivia's banana exports saw an upturn. In 2020, exports reached 116.4 thousand tons, representing a moderate increase of 6.4% compared to 2019. However, over the broader period from 2017 to 2020, exports decreased by 16.8%, with a compound annual growth rate of -5.9%. The lowest export volume was recorded in 2019 at 109.3 thousand tons, while the largest decline occurred in 2018 with a drop of 15.3%.

Annual dynamics of product's exports from Bolivia in kind, 2017-2020, K t

Parameter201820192020CAGR
1Change from last year(15.3%)(7.7%)6.4%(5.9%)
Source: SHEV.io

Between 2017 and 2020, Argentina accounted for nearly all of Bolivia's banana exports in volume terms, with a share of 94.7% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After two years of decline, Bolivia's banana exports in value terms rebounded. In 2020, exports stood at 36 228 thousand US dollars, showing a significant increase of 21.3% compared to the previous year. Despite this recent growth, exports decreased by 7.4% over the period from 2017 to 2020, equating to an average annual decline of 2.5%. The lowest value was recorded in 2019 at 29 861 thousand US dollars, while the largest decline occurred in 2018 with a drop of 14.9%.

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

Parameter201820192020CAGR
1Change from last year(14.9%)(10.3%)21.3%(2.5%)
Source: SHEV.io

From 2017 to 2020, Bolivia's banana exports in value terms were almost exclusively directed to Argentina, which absorbed 94.2% of total exports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports bananas to Bolivia

Imports in kind, K t

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

Between 2017 and 2020, China was the nearly exclusive supplier of bananas to Bolivia, accounting for 100.0% of total imports in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

Throughout the period from 2017 to 2020, China was the key partner for Bolivia's banana imports in value terms, representing 100.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

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