Fruits consistently rank among the foremost commodities traded globally. Fresh produce, in particular, holds intrinsic value, with some countries heavily reliant on imports. This is due to factors such as climate variations and regional agricultural capabilities. However, despite their significance, fruits also represent the most vulnerable cargo, often prone to damage during transportation.
Here’s a 2023 recap of the top 5 Most exported fruits around the world.
The global banana market holds a substantial value of approximately USD 14 billion, with Ecuador contributing significantly with USD 4.5 billion.
Ecuador leads as the foremost producer of premium bananas for fresh consumption, boasting an annual output surpassing 7 million tons. In contrast, the production of less sweet plantains, also known as cooking bananas, dominates in India (30 million tonnes) and China (12 million tonnes).
Did you know Avocados originated in Mexico? And they continue to be the top exporter of the fruit. In less than two decades, the market size has surged from almost negligible to a substantial USD 15 billion. Responding to the global avocado demand that has swept the world in recent years, Peru, Colombia, and the Dominican Republic have also entered the market, contributing their crops.
Annually, the global production of mangos totals approximately 55 million tons, with India holding a dominant share of over 45% in the market. The mango market has exceeded a valuation of USD 20 billion, fueled by the fruit’s rising popularity in China and Russia.
Intensifying competition characterizes the global mango market, as Thailand and the Philippines make significant investments in export of this tropical fruit.
While the fresh pineapple market may be comparatively smaller than certain other tropical fruits, with Costa Rica supplying over 60% of the global demand and exporting no more than USD 1.5 billion by value, there is considerable potential for added value in the canned pineapple market.
Despite pineapples being a quintessential Central American fruit, cultivation has extended to, as you might have guessed, Thailand and the Philippines.
Peru’s Blueberries and Mexico’s Raspberries and Strawberries has exponentially risen in the last decade both ranking second as top exporters. Blueberry market alone was worth USD 8.3 billion in 2021, continues to grow and demand expected to reach 2 million tonnes annually by 2030. While Mexico’s Raspberry production increased to 146,000 tonnes and Strawberry productions to 558,000 tonnes in 2020 and continues to increase with the demand globally.
There you have the top 5 most exported fruit around the world. These fruits are grown and exported in high volumes, and they are perishables which are the most prone to cargo damage. Transit delays can lead to significant damage to the fruits’ overall quality, there’s also the risk of contamination and infestation, and to mitigate these risks is difficult and often lead to destruction and disposal. It is of utmost importance that you identify the liable party and have an efficient cargo claims action.
If you’re an exporter or importer and have suffered losses resulted from these damages, with Recoupex’ expertise with fresh produce claims, we are here to help you recover your losses from liable carriers and parties.
Let’s hope that 2024 will bring even more bountiful harvests for farmers and shipments arrives in good condition.
Recoupex is a hub of transport lawyers – experts in cargo claims. We assess your case quickly. We have successfully recovered claims from Maersk, Sealand, Hapag-Lloyd, Mediterranean Shipping Company – MSC, CMA CGM, and other carriers.