Thursday, October 30, 2014

Facts About Bananas Exported From Mexico

Cavendish bananas represent most of the export market banana market in Mexico.


Familiar bananas grow in the tropical portions of Mexico. Bananas exported from Mexico can be described by their trade levels, trends, and importers.


Export Portion


The bulk of bananas grown in Mexico are consumed fresh locally. As discussed in the International Symposium on Bananas and Food Security, only 5 percent of the banana crop is exported from Mexico (118,000 tons in 1997).


Trends


According to the Food and Agriculture Organization (FAO) of the United Nations, bananas exported from Mexico declined by 75 percent over the 10-year period from 1994 to 2004.


Trade Issues


Bananas exported from Mexico and other Latin American countries were the subject of intense trade disputes where bananas were argued to be unfavorably taxed in Europe. In 2009, the World Trade Organization helped resolve the 18-year dispute.


Importers


Bananas exported from Mexico are imported mostly by the United States, but the share going to other nations has increased.


Type


According to "The New York Times," almost all exported bananas are one type, the Cavendish banana. The Cavendish banana represents the largest portion of bananas grown in Mexico.