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2022
Flag → Flag
Exports $351MRnk 82 / 224
2022
Flag → Flag
Top Product $86.1MCoal Tar Oil
2022
Flag → Flag
Exports $722MRnk 9 / 170
2022
Flag → Flag
Top Product $263MBananas
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Netherlands-Ecuador Trade: In 2022, Netherlands exported $351M to Ecuador. The main products that Netherlands exported to Ecuador were Coal Tar Oil ($86.1M), Refined Petroleum ($38.8M), and Other Large Iron Pipes ($15.2M). Over the past 5 years the exports of Netherlands to Ecuador have decreased at an annualized rate of 13.1%, from $710M in 2017 to $351M in 2022.

In 2022, Netherlands did not export any services to Ecuador.

Ecuador-Netherlands Trade: In 2022, Ecuador exported $722M to Netherlands. The main products that Ecuador exported to Netherlands were Bananas ($263M), Cut Flowers ($106M), and Cocoa Beans ($93.6M). Over the past 5 years the exports of Ecuador to Netherlands have increased at an annualized rate of 9.17%,  from $466M in 2017 to $722M in 2022.

In 2022, Ecuador did not export any services to Netherlands.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Latest Trends

July, 2024

About

Overview In July 2024, Netherlands exported €14M and imported €43M from Ecuador, resulting in a negative trade balance of €29M. Between July 2023 and July 2024 the exports of Netherlands have increased by €1M (7.69%) from €13M to €14M, while imports increased by €4M (10.3%) from €39M to €43M.

Trade In July 2024, the top exports of Netherlands to Ecuador were Vegetables, roots and tubers, prepared or... (€1M), Feeding stuff for animals (not including... (€1M), Crude vegetable materials, n.e.s. (€1M), Medicinal and pharmaceutical products, other than... (€1M), and Fertilizers (other than those of group... (€1M). In July 2024 the top imports of Netherlands from Ecuador were Fruit and nuts (not including oil... (€18M), Crude vegetable materials, n.e.s. (€13M), Cocoa (€6M), Fish, crustaceans, molluscs and other aquatic... (€4M), and Fruit juices (including grape must) and... (€3M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€1M(7.69%)
IMPORT GROWTH (July 2023 - July 2024)€4M(10.3%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Ecuador and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ecuador and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $351M to Ecuador. The main products exported from Netherlands to Ecuador were Coal Tar Oil ($86.1M), Refined Petroleum ($38.8M), and Other Large Iron Pipes ($15.2M). During the last 5 years the exports of Netherlands to Ecuador have decreased at an annualized rate of 13.1%, from $710M in 2017 to $351M in 2022.

In 2017, Ecuador exported $722M to Netherlands. The main products exported from Ecuador to Netherlands were Bananas ($263M), Cut Flowers ($106M), and Cocoa Beans ($93.6M). During the last 5 years the exports of Ecuador to Netherlands have increased at an annualized rate of 9.17%, from $466M in 2022 to $722M in 2017.

Exports from Netherlands (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Ecuador
Top DestinationUnited States$9.86B

This map shows whether countries import more from Netherlands or Ecuador. Each country is colored based on the difference in imports they receive from Netherlands and Ecuador or the difference in the growth in imports.

In 2022, countries that imported more from Netherlands than Ecuador included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Ecuador than Netherlands included Panama ($4.97B), Peru ($1.02B), and Chile ($1.34B).

Difference in imports from Ecuador (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Ecuador

Flow
Scale

This chart compares trade between Netherlands and Ecuador by product, considering products traded by both, Netherlands and Ecuador.

During 2022, Netherlands had a large net trade with Ecuador in the exports of Mineral Products ($126M), Chemical Products ($63M), and Machines ($42M).

During 2017, Ecuador had a large net trade with Netherlands in the exports of Vegetable Products ($410M), Foodstuffs ($206M), and Animal Products ($72.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Ecuador+$61.7MRefined Petroleum
Top Product Potential Ecuador Netherlands+$17.5MCrustaceans

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and Ecuador. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Ecuador (Flag) (2022)

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