What is the price of bananas per kilogram/pound in Vietnam today?
The retail price range for Vietnam bananas is between US$ 1.45 and US$ 2.42 per kilogram or between US$ 0.66 and US$ 1.10 per pound(lb). Click here to see today's exact prices of bananas in Vietnam
The retail price range in Dong for bananas is between VND 36,371.25 and VND 60,618.75 per kilogram or between VND 16,494.90 and VND 27,491.50 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam bananas is between US$ 1.02 and US$ 1.70 per kilogram or between US$ 0.46 and US$ 0.77 per pound(lb).
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Vietnam Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from Vietnam has seen a steady increase over the last five years. In 2013, the export price was 0.59 US$ per kg, and in 2020, it was 0.55 US$ per kg. This represents a decrease of 0.04 US$ per kg. From 2014 to 2015, the export price increased from 0.51 US$ per kg to 0.72 US$ per kg, an increase of 0.21 US$ per kg. From 2016 to 2017, the export price increased from 0.48 US$ per kg to 0.71 US$ per kg, an increase of 0.23 US$ per kg. From 2018 to 2019, the export price decreased from 0.81 US$ per kg to 0.69 US$ per kg, a decrease of 0.12 US$ per kg. Based on this trend, it is predicted that the export price of Bananas from Vietnam in 2023 will be 0.77 US$ per kg and in 2024 will be 0.83 US$ per kg.Vietnam Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Vietnam over the last five years has been quite volatile. In 2013, the price was 0.59 US dollars per kg, which dropped to 0.51 US dollars per kg in 2014. However, the price rose to 0.72 US dollars per kg in 2015 before dropping again to 0.48 US dollars per kg in 2016. The price then rose to 0.71 US dollars per kg in 2017 and further increased to 0.81 US dollars per kg in 2018. The price then dropped to 0.69 US dollars per kg in 2019 before decreasing again to 0.55 US dollars per kg in 2020. Based on this data, it is likely that the import price per kilogram of Bananas into Vietnam will be around 0.60 US dollars per kg in 2023 and 0.65 US dollars per kg in 2024.Export values for Vietnam bananas
The total values in export for bananas in Vietnam were US$ 43,530, US$ 63,485, US$ 103,763 and US$ 175,243 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Vietnam: Olives, Pumpkins, squash and gourds, Sweetcorn, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of bananas in other countries across Asia: Kazakhstan bananas, Kyrgyzstan bananas, Tajikistan bananas, Turkmenistan bananas, Uzbekistan bananas, China bananas, Hong Kong bananas, Macao bananas, North Korea bananas & Mongolia bananas.
Vietnam bananas - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 254,864 tonnes of bananas. Through 2019 alone, the demand for Vietnam bananas (fruits category) has climbed, flactuating by 100.107 pc compared to the year 2018. Between 2017 and 2019, bananas' exports increased by 183.27% netting Vietnam US$175.24m for the year 2019. Vietnam's bananas exports are classified as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
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Vietnam bananas export values
In 2019, Vietnam shipped bananas with a value of 175.24m USD, a surge of 68.88% from 2018's total bananas export of 103.763m USD. The yearly growth in value of Vietnam bananas between 2017 to 2018 was 63.445 pc.
The annual/yearly change in the quantity of Vietnam's bananas exports between 2017 and 2019 was 183.27% compared to a variation of 100.107% in the period between 2018 and 2019.
Vietnam's share of the world's total bananas' exports in 2019 was less than 1%. Vietnam is ranked number 46 in world exports of bananas.
Export markets for Vietnam bananas ( in '000$ )
Vietnam bought 69,839 tonnes of bananas in 2019.
Production
The production of bananas in Vietnam was 4,388,494 tonnes in 2019 and is projected to change by an average of 5.12%. The country had approximately 267,276.00 hectares under bananas cultivation.