Key Highlights
India's second most important fruit crop is banana and it is regarded as one of the world's most valuable crops.
As per banana export data, India exported bananas worth $176 million (0.36 million metric tonnes). However, the banana HS code is 0803.
India's major banana-producing states include Andhra Pradesh, Maharashtra, Karnataka, Tamil Nadu, and Uttar Pradesh in 2022-23.
Banana export from India to Iran, Iraq, UAE, Oman, Uzbekistan, Saudi Arabia, Qatar, Kuwait, Bahrain, Afghanistan, and the Maldives.
Top banana exporters in India include Meem Exim, Banana Merchant, Global Trading Co. Ltd., Jayco Global Pvt. Ltd., KT International, Dharsini Exports, Adinath Trading Co., Amit Enterprises, and GKR Exports.
As you know, Bananas are now recognized as one of the world's most valuable fruits. Bananas are the second most important fruit crop in India, behind mango. Their year-round availability, affordability, variety, flavor, nutritional value, and therapeutic value make them good export potential. India is also one of the world's top banana producers, and hence, it has a significant presence in the international banana trading industry.
However, to capitalize on this potential market and assure success, you must first understand the complexities of banana export from India and implement methods that will set you apart from competitors. Here are 10 excellent tips for navigating the banana export business, along with updated banana suppliers, banana export data, banana HS codes, and the top banana exporters in India.
Is Banana Export from India Profitable?
Yes, exporting bananas from India might be a successful business with several opportunities for expansion and profitability. Traders from all around the world are looking to expand their businesses in the international market.
While being the world's largest banana producer, India's export share in the worldwide market is currently under 1%. However, it accounts for 26.45% of global banana production (35.36 million metric tonnes). In 2022–23, India exported bananas worth $176 million, or 0.36 MMT.
In terms of the global market:
According to global trade data, the international banana market was valued at USD 13958.38 million in 2022. It is predicted to grow at a CAGR of 0.68% over the forecast period, reaching USD 14540.72 million by 2028.
According to banana export data, banana export from India were worth $176 million, or 0.36 MMT, in 2022–23.
The primary banana-producing states are Andhra Pradesh, Maharashtra, Karnataka, Tamil Nadu, and Uttar Pradesh.
Are you looking at opportunities for banana export from India? Bananas have become one of the most popular fruits in the world due to their variety, nutritional worth, and general appeal.
Why are bananas in high demand?
People are becoming more aware of the health benefits of bananas. They are high in potassium, fiber, and other critical minerals, making them popular among athletes and health-conscious customers.
This trend is particularly significant in industrialized countries like China and Europe, where banana imports have gradually increased.
Bananas are a practical and portable snack that can be eaten on the go. They're also quite adaptable, with applications ranging from smoothies and baked items to savory recipes.
Banana Export from India: Key Facts:
Here is an overview of banana export from India:
Banana Export from India: Major Exports Destinations
As per banana export data, Indian bananas are exported to:
Iran
Iraq
UAE
Oman
Uzbekistan
Saudi Arabia
Qatar
Kuwait
Bahrain
Afghanistan
Maldives
Furthermore, the United States, Russia, Japan, Germany, China, the Netherlands, the United Kingdom, and France provide India with several export options. However, if you need an updated list of banana export from India, banana suppliers, banana export companies in India or banana HS codes, you must visit Eximpedia.app and explore the global trade statistics instantly.
Banana Export from India: Key Statistics:
Here is the table for Banana export data!
Banana Export Data | Value (2023:24) |
World's Largest Producer | 26.45% of Global Production (35.36 million metric tonnes) |
Export Share | 1% of Global Market |
Export Value in Price (2022) | $176 million USD |
Export Volume (2022) | 0.36 million metric tonnes |
Export Growth Target | $1 billion USD in next 5 years |
Banana HS code | 0803 |
Despite being the world's largest banana producer, India's exports do not match this quantitative assessment. India's global export share is under 1%, while it produces 26.45% of the world's bananas (35.36 million metric tonnes). In fiscal year 2022–23, banana export from India were worth USD 176 million, or 0.36 MMT.
Within the next five years, banana export from India are predicted to reach USD 1 billion. This success will enhance farmers' incomes and improve the livelihoods of over 25,000 farmers. It is also expected to provide jobs for over 50,000 aggregators who are directly or indirectly involved in the supply chain.
Top Banana Exporters in India:
If you're new to export bananas from India: , don't worry; locating banana suppliers for overseas markets is relatively easy. You have various options to examine. Let's start by looking at the banana export companies in India.
Here is the list of the top banana export companies in India:
Meem Exim
Banana Merchant
Global Trading Co. Ltd
Jayco Global Pvt Ltd
KT International
Dharsini Exports
Adinath Trading Co
Amit Enterprises
GKR Exports
The list above includes banana exporters in India. Do you need access to all banana export companies in India or the top banana exporters in India? Eximpedia.app can provide an up-to-date list of banana export from India, banana suppliers as well as banana export data by nation.
Before we look at the list of banana import countries, have you considered why bananas are so prevalent in other countries? This is due to the incredible health benefits of bananas. Bananas are rich in nutrients, improving blood sugar levels and supporting digestive health.
Leading Banana Importing Countries from India
Here's the list of the top banana-importing countries in India:
Iran
UAE Oman
Iraq
Bangladesh
Saudi Arabia
Nepal
Let's look at the top successful tips to export bananas from India!
Top Tips to Export Banana from India
India produces some of the world's finest exquisite bananas, but getting them from the field to the foreign table needs meticulous planning. Here are 10 successful tips to help your banana exporting business succeed, all backed by Eximpedia, your one-stop shop for export success!
1. Market Research:
Before you begin, conduct extensive research on your target market. Which banana kinds are popular? What are the current importer details and exporter details? Understanding the demand is critical for banana export from India. Eximpedia can connect you with market research professionals to help you better understand the export landscape.
2. License to export, hassle-free:
Take your time with the paperwork! Obtain the appropriate licenses and permits for Indian export and your preferred import destination. Eximpedia's professional team can walk you through the process of banana export from India and ensure seamless customs clearance.
3. Quality is King, with No Exceptions:
International markets have stringent quality demands. Implement strict quality control techniques to verify that your bananas match the standards. After gathering market knowledge, you can assist in developing a comprehensive quality control program to ensure consistent excellence and satisfy the high expectations of international buyers.
4. Banana Export Data is Crucial:
Without accurate and updated banana export data, traders face complexities when exporting bananas from India. So, we recommend you visit our data-driven dashboard and analyze banana suppliers data anytime.
5. Build your reliable network:
Create a dependable network of partners, importers, and exporters, including farmers who produce high-quality bananas, packers who maintain freshness, shippers who deliver quickly, and buyers and suppliers. Eximpedia can connect you with reputable suppliers and buyers, ensuring a smooth flow of bananas to foreign markets.
6. Know the Banana HS code:
Did you know? The HS code specifies your product and helps you enter the global market. An updated Banana HS code helps you understand the market insights for your particular product. Eximpedia can help you provide the HS codes for your desired products.
7. Select your export Destinations:
To enter a new market, select your export destination and change your goods accordingly. Select a target market that matches your product's capabilities, market demand, and your company's overall export strategy. Consider the following factors: market size, economic growth, cultural compatibility, and trade restrictions.
8. Essential Documents for Exporting Bananas:
Banana export from India necessitates numerous documents, each crucial to ensuring a smooth and compliant shipment. Here is a summary of the required documents.
Import Export Code (IEC)
FSSAI Registration
Commercial invoice
Packing list
Certificate of origin
Bill of lading
Export license
Insurance certificate
Health Certificate
Phytosanitary Certificate
GLOBALGAP Certification
9. Stay Informed, Stay Ahead:
Keep up with the most recent rules, trade agreements, and market developments. Knowledge is power in the export game. Eximpedia delivers regular industry updates to keep you informed and prepared for anything, allowing you to adjust your approach as necessary.
10. Seek support from EximPedia
Exporting takes time and effort, so be flexible and patient. Prepare to change your product, price, and marketing methods in response to market feedback and new rules. Our dedicated dashboard can help you navigate the complexities of exporting by providing valuable advice, information, and best market insights.
Also Read:
How to Import Mango from India?
How to export mango from India?
How to find International Buyers for Bananas?
Identifying global consumers for your banana export business requires extensive market research, networking, visiting trade shows, and utilizing data-driven dashboards like EximPedia. It is critical to find buyers who are compatible with your product and quality criteria.
Need contact data for Banana Buyers?
Connect with the Eximpedia app to access the most up-to-date and accurate banana buyer and importer lists. We also supply banana export from India, including banana export companies in India, banana HS codes, and much more. So, if you have any questions about banana suppliers or banana export data, contact our data experts and schedule a free live demo today!
Related Blog: How to export agricultural products from India?
Wind Up!
Following these tips can improve your chances of success in the banana export industry and help you start a profitable venture. However, exporting bananas presents numerous options to tap into worldwide market demand. Exporters can succeed in this enterprise if they grasp the benefits, sourcing strategy, logistics, and buyer connections. So, if you have any queries or questions regarding banana export from India, connect with Eximpedia.app and schedule a free live demo today!
Frequently Ask Question (FAQ’s)
Which Country Imports the most Bananas?
The United States imports more bananas than any other country. It is the world's largest banana consumer, accounting for around 25% of total production.
Which Banana Exports from India?
There are many different sorts of bananas, but the Cavendish variety is the most popular for export. So it is now commercially farmed on a huge scale in India for export purposes.
List the top Banana Importing Countries
The top banana importing countries are:US ($2.7 billion), China ($1.06 billion), Japan ($797 million), Russia ($794 million), and Germany ($731 million).
How is Banana Powder Export from India?
According to banana powder export data, global banana powder shipments totaled 68.6K, with 1,627 exporters delivering to 2,490 purchasers. Based on India's banana powder export data, the majority of the world's banana powder is exported to the Netherlands, Germany and France.
How to find Banana Powder Buyers?
To find out the reliable and updated banana powder buyers, please visit Eximpedia.app and gain market insights from 100+ global trade countries.
India exports Bananas to which Country?
As per banana export data, the top banana export from India are
Iran
Iraq
UAE
