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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Honduras: Banana exports increased by 2.3%

Thursday, October 11, 2018 > 08:45:57
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Honduran revenues from banana exports up to July of this year amounted to 313.7 million dollars, i.e. 2.3 percent more than in the same period of 2017, according to an official source.

Banana sales were 7 million dollars higher than the 306.7 million dollars achieved in the first seven months of 2017, the Central Bank stated in its report on Foreign Trade in General Merchandise.

The Central Bank noted that the increase in banana exports was justified by the 13.4 percent price increase, which was partially offset by the 9.8 percent year-on-year reduction in volume.

Between January and July, Honduras exported 17,314 boxes of 18 kilos of bananas, i.e. 9.8 percent less than the 19,196 boxes it shipped out in the first seven months of 2017, the report stated.

The average price of a box of bananas stood at $18.12, i.e. 13.4 percent higher than in the same period of 2017, when it stood at $15.98, according to the Honduran agency.

The United States was the main destination for Honduran banana exports, as that market bought 16,674 boxes of all the fruit that was exported.

According to data from the Central Bank of the country, in 2017, Honduran bananas exports amounted to 522.7 million dollars.


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