Uzbekistan’s Banana Imports in 2023: A Closer Look

2024-02-23

In 2023, Uzbekistan’s banana imports experienced a 5% decrease, with the total import volume reaching 133.5 thousand tons. This was a drop from the previous year’s figure of 140.2 thousand tons. Despite this decline, Ecuador maintained its position as the primary supplier of bananas to Uzbekistan, a trend that continued from 2022 to 2023.

The Statistics Agency of the Republic of Uzbekistan reported that the country’s expenditure on banana imports amounted to $95.1 million in 2023. This was for the import of approximately 133.5 thousand tons of bananas from overseas. Interestingly, the previous year’s expenditure was significantly lower at $63.4 million, even though the import volume was higher at 140.2 thousand tons.

This data underscores the significant role Ecuador plays in Uzbekistan’s banana market, despite the overall decrease in imports. In 2023, the top supplier of bananas to Uzbekistan was:

Ecuador – 130 thousand tons , China – 1043 tons, Georgia – 976 tons, Turkey – 746 tons, Kazakhstan – 375 tons.

In a move to stabilize local market prices and control inflation, Uzbekistan has extended its policy of zero-import customs duty on certain food products until January 1, 2025, including tariff-free import of bananas, citrus, and other fruits for an additional year. This strategic decision show the country’s commitment to ensuring affordability and availability of these essential goods for its citizens. By mitigating the cost pressures associated with import tariffs, the government aims to prevent potential price hikes and maintain economic stability. This measure is particularly significant given the global economic uncertainties and the crucial role of food security in national well-being.