Bananas — Terms of trade in Belgium

Belgium: Bananas — Terms of trade was 136.7 % in 2024. ▲ Rising

Latest (2024)
136.7 %
Change on year
down 11.4%
World rank
23rd
of 82 countries
All-time high
154.23 %
in 2023
All-time low
91.67 %
in 2018
Years of data
15
2010–2024

Bananas — Terms of trade in Belgium, 2010–2024

0501001502010201720242010: 100 %2011: 97.1 %2012: 106.1 %2013: 101.6 %2014: 102.2 %2015: 99.3 %2016: 98.1 %2017: 92.7 %2018: 91.7 %2019: 99.3 %2020: 92.4 %2021: 104.8 %2022: 152.9 %2023: 154.2 %2024: 136.7 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Belgium recorded 136.7 % for bananas — terms of trade in 2024.

The figure is down 11.4% on the previous year and up 33.7% over ten years.

Over the whole period, bananas — terms of trade in Belgium peaked at 154.23 % in 2023 and was at its lowest, 91.67 %, in 2018.

Belgium ranks 23rd of 82 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 15 years of available data.

Bananas — Terms of trade in Belgium, year by year

Annual values for Bananas — Terms of trade in Belgium, 2010 to 2024.
Year % Change
2010 100.05 %
2011 97.1 % -2.9%
2012 106.12 % +9.3%
2013 101.64 % -4.2%
2014 102.21 % +0.6%
2015 99.29 % -2.9%
2016 98.08 % -1.2%
2017 92.68 % -5.5%
2018 91.67 % -1.1%
2019 99.34 % +8.4%
2020 92.41 % -7.0%
2021 104.82 % +13.4%
2022 152.89 % +45.9%
2023 154.23 % +0.9%
2024 136.7 % -11.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 98.82 % 91.67 % 106.12 % 10
2020s 128.21 % 92.41 % 154.23 % 5

Countries ranked near Belgium

  1. 20 Thailand 168 % compare
  2. 21 China, mainland 154.26 % compare
  3. 22 United Kingdom of Great Britain and Northern Ireland 152.13 % compare
  4. 24 China, Hong Kong SAR 134.7 % compare
  5. 25 Kuwait 132.15 % compare
  6. 26 Ukraine 130.55 % compare

See the full ranking of 86 places →

More agriculture & rural data for Belgium

All data for Belgium →

Frequently asked questions

What is bananas — terms of trade in Belgium?
Bananas — terms of trade in Belgium was 136.7 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest bananas — terms of trade recorded in Belgium?
The highest recorded value was 154.23 % in 2023.
What is the lowest bananas — terms of trade recorded in Belgium?
The lowest recorded value was 91.67 % in 2018.
How does Belgium rank for bananas — terms of trade?
Belgium ranks 23rd out of 82 countries with data for 2024.
Is bananas — terms of trade rising or falling in Belgium?
Over the last ten years it is up 33.7%. The long-run trend across the full record is rising.
Where does this Belgium data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Terms of trade. Statizoid updates them automatically from the source API.

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Bananas — Terms of trade in Belgium. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/bananas-terms-of-trade/belgium/

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About this data

Indicator
Bananas — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,143 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK