Flag Netherlands / Ecuador Flag

Exports FlagFlag  (2018): $489M, Rnk 72 / 219

Top Product FlagFlag (2018): $174M, Coal Tar Oil

Exports FlagFlag (2018): $434M, Rnk 12 / 166

Top Product FlagFlag (2018): $92.3M, Bananas

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Economic Complexity of Flag (2018): ECI -0.7, Rnk 102 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP Flag (2018): $108B, CURRENT US$
Rnk 59 / 196

GDP GROWTH Flag (2008-2018): 75.5%, CURRENT US$
Rnk 49 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

GDP PC Flag (2018): $6,345, CURRENT US$
Rnk 98 / 196

GDP PC GROWTH Flag (2008-2018): 49.3%, CURRENT US$
Rnk 47 / 196

Netherlands-Ecuador: In 2018, Netherlands exported $489M to Ecuador. The main products exported from Netherlands to Ecuador were Coal Tar Oil ($174M), Refined Petroleum ($172M), and Bulbs and Roots ($6.9M). During the last 23 years the exports of Netherlands to Ecuador have increased at an annualized rate of 10.6%, from $48.6M in 1995 to $489M in 2018.

Ecuador-Netherlands: In 2018, Ecuador exported $434M to Netherlands. The main products exported from Ecuador to Netherlands were Bananas ($92.3M), Cocoa Beans ($81M), and Cut Flowers ($74.9M). During the last 23 years the exports of Ecuador to Netherlands have increased at an annualized rate of 8.91%, from $61M in 1995 to $434M in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.7), and 70 in total exports ($22.1B). In terms of GDP Per Capita, Netherlands was ranked 14 with a GDP Per Capita of $53,024, and Ecuador was ranked 98 with a GDP Per Capita of $6,345.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $489M to Ecuador. The main products exported from Netherlands to Ecuador were Coal Tar Oil ($174M), Refined Petroleum ($172M), and Bulbs and Roots ($6.9M). During the last 23 years the exports of Netherlands to Ecuador have increased at an annualized rate of 10.6%, from $48.6M in 1995 to $489M in 2018.

In 2018, Ecuador exported $434M to Netherlands. The main products exported from Ecuador to Netherlands were Bananas ($92.3M), Cocoa Beans ($81M), and Cut Flowers ($74.9M). During the last 23 years the exports of Ecuador to Netherlands have increased at an annualized rate of 8.91%, from $61M in 1995 to $434M in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Ecuador
Top Destination
: United States, $6.69B

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 2018, countries that imported more from Netherlands than Ecuador were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, countries that imported more from Ecuador than Netherlands were Peru ($1.66B), Panama ($1.24B), and Chile ($1.49B).

Comparative Advantage Netherlands - Ecuador

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Depth

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

During 2018, Netherlands had a large net trade with Ecuador in the exports of Mineral Products ($346M), Machines ($34.8M), and Chemical Products ($33.2M).

During 2018, Ecuador had a large net trade with Netherlands in the exports of Foodstuffs ($194M), Vegetable Products ($181M), and Animal Products ($36.7M).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Ecuador (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Ecuador were Sugar beet (155%) and Mushrooms, prepared or preserved, not in vinegar (117%).

In 2018, the products from Ecuador that paid the highest import tariffs to enter Netherlands were Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, fresh or chilled (85.5%) and Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen (85.5%).

Explore Tariff Data

*The tariffs present between Netherlands and Ecuador are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
205: Preferential tariff for Ecuador

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Ecuador. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over Netherlands.