Russia is the World’s Fourth Largest Banana Consumer

Russia ranks 4th in the world in terms of banana consumption per person per year, and banana imports to Russia are forecast to continue to grow in the coming years. This was reported by Clinton Machado, head of Maersk’s Banana and Pineapple Shipping Division, at the 17th International Banana Convention.

Latin America remains the main banana exporter. The combined share of all supplies from Latin American countries is 73% of all exports. Most of the bananas grown in Latin America are exported to the United States and Europe.

“In 2019, global banana exports reached 20 million tons, up 5% compared to 2018. The Philippines and Ecuador remain the largest banana exporters in the world,” said Clinton Machado.

The main importing countries of Philippine bananas are China and Japan, but exports to these countries decreased slightly in 2019 due to the opening of trade between China and Cambodia. According to the Ministry of Agriculture of Cambodia, the export of bananas to China during the first five months of 2020 amounted to 121 thousand tons, and by 2021 the country plans to double the volume shipped.

“According to the forecasts of the Food and Agriculture Organization of the United Nations (FAO), the world’s banana production will increase to 126 million tons by 2029,” Clinton Machado added.

India is the world’s largest banana producer, but most Indian bananas are intended for the domestic market. According to Clinton Machado, government investment in the industry has allowed Indian producers to export more of their products, and if this initiative is successful, India will be able to supply bananas to the Middle East and Mediterranean regions.

Russia offers opportunities to suppliers from the fruit and vegetable sector

Russia import more and more fruit and vegetables all the time, while their own production
decreases. In 2012, the country became the most important sales destination for Spanish fruit and vegetables, according to a report from Business Boost International.

Fruit and vegetable imports by Russia in 2012 were compared to the previous year. The tomato and cucumber import decreased slightly, but the import of peppers was 38% higher and the import of potatoes even increased almost threefold. Also, imports of lettuce, aubergine peach and grapes increased. The apple import – in which area Russia worldwide is in third place – decreased by 18 percent.

It appears from the report that in the area of fruit imports, especially Ecuador (bananas), Poland (apples), Turkey (citrus, grapes and top fruit), China (apples, citrus and top fruit), Argentina (apples, pears and citrus), Chile (grapes) that these products are very important for the country. The total consumption of fruit in the country increases for a number of reasons, one of them being the developing retail sector.


Philippines: Russia potential banana market

Russia held a celebration for its national day (June 12th) last Thursday night with diplomats, Philippine government officials and businessmen in attendance at the spacious Mandarin Oriental Hotel Ballroom, Makati City. The event provided a chance to develop closer trade links between the two countries.

Trade between the two countries reached $1.64 billion in 2011, up 15 percent from the previous year. Russian Ambassador Nikolay Kudashev opened the possibility for Filipino banana growers to sell their produce to Russia following China’s claim in March that it had found pests in bananas from the Philippines, prompting it to impose stricter regulations in screening the fruit.

“That could be a possible point of cooperation because we buy bananas from Ecuador and Central America. Those (countries) are too far away,” he said.