Market research

Bananas market in Vanuatu

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

The banana market in Vanuatu experienced a period of consistent expansion in volume from 2018 to 2023. Starting at 16 690 t, the market grew each year, reaching 17 717 t by the end of the period, representing an overall increase of approximately 6%.

Annual growth rates remained relatively stable, typically hovering around 1% to 1.3%. The pace of growth saw a slight moderation in 2023, with volume increasing by just under 1% compared to the previous year, indicating a potential stabilization in the market's expansion.

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 Vanuatu
  1. 5.1.1. Annual dynamics of production in Vanuatu in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Vanuatu 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, 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, 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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Vanuatu in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Vanuatu by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Vanuatu in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Vanuatu by countries, 2018-2024, $ 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Vanuatu, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Vanuatu by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Vanuatu in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Vanuatu by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Vanuatu in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Vanuatu by countries, 2018-2024, $ 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Vanuatu, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Vanuatu by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Vanuatu in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Vanuatu by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Vanuatu in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Vanuatu by countries, 2018-2024, $ 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Vanuatu, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Vanuatu by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Vanuatu in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Vanuatu by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Vanuatu in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Vanuatu by countries, 2018-2024, $ 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Vanuatu, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Vanuatu by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ 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 Vanuatu

In kind, 2017-2020, t

Top producers of bananas, 2017-2020

Source: SHEV.io

World map of production of bananas, 2017-2020

Source: SHEV.io

Vanuatu's banana production has grown for the third year in a row. In 2020, the country produced 17,122 tonnes of bananas, marking a 1.3% increase from 2019. Over the period from 2017 to 2020, production rose by 3.6%, which translates to an average annual growth rate of 1.2%.

Annual dynamics of production in Vanuatu in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.0%	1.3%	1.3%	1.2%

Source: SHEV.io

Exports bananas from Vanuatu

According to a desk-based market study, Vanuatu did not export any bananas between 2017 and 2020.

Imports bananas to Vanuatu

Imports in kind, kg

The market experienced volatility during the observed period. Imports reached their lowest point in 2018 at 18.00 kg, while the highest volume was recorded in 2017, showing a 4.8-fold difference between these years. In 2019, Vanuatu imported approximately 47.00 kg of bananas, representing a sharp increase of 161.1% compared to 2018. The largest decline occurred in 2018, with a drop of 79.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(79.1%)	161.1%	n/a	-

Source: SHEV.io

From 2017 to 2020, New Zealand was the dominant source of banana imports to Vanuatu, accounting for 75.5% of total imports in kind. Other countries each held much smaller shares.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

The data shows irregular changes, pointing to a volatile market environment. Imports bottomed in 2018 at 62.4 US dollars and peaked in 2017, with a 5.1-fold difference between these years. In 2019, Vanuatu imported a total of value_last_year US dollars worth of bananas, reflecting an 81.4% rise compared to 2018. The largest decline was recorded in 2018, at 80.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(80.4%)	81.4%	n/a	-

Source: SHEV.io

Between 2017 and 2020, New Zealand led in banana imports to Vanuatu in value terms, holding an 80.2% share of total flows. The remainder was distributed among other trading partners.

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

Source: SHEV.io

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

Source: SHEV.io