Crustaceans in Ecuador

EXPORTS (2018): $3.24B, World Rnk 2 / 157
Flag Rnk 3 / 857

TOP DESTINATION (2018): $1.2B, Vietnam

FASTEST GROWING MARKET (2017 - 2018): $486M, China

IMPORTS (2018): $831k, World Rnk 113 / 213
Flag Rnk 756 / 1149

TOP ORIGIN (2018): $341k, United States

FASTEST GROWING ORIGIN (2017 - 2018): $164k, United Kingdom

ECONOMIC COMPLEXITY of Ecuador (2018): -0.7, Rnk 102 / 137

PRODUCT COMPLEXITY  IN Crustaceans (2018): -1.99, Rnk 997 / 1018

Overview: This page contains the latest trade data of Crustaceans in Ecuador.

Exports: In 2018, Ecuador exported $3.24B in Crustaceans, making it the 2nd largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 3rd most exported product in Ecuador. The main destination of Crustaceans exports from Ecuador are: Vietnam ($1.2B), China ($597M), United States ($515M), Spain ($216M), and Italy ($182M).

The fastest growing export markets for Crustaceans of Ecuador between 2017 and 2018 were China ($486M), Belgium-Luxembourg ($14.4M), and Germany ($9.41M).

Imports: In 2018, Ecuador imported $831k in Crustaceans, becoming the 113th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 756th most imported product in Ecuador. Ecuador imports Crustaceans primarily from: United States ($341k), United Kingdom ($164k), Canada ($152k), Spain ($122k), and France ($32.7k).

The fastest growing import markets in Crustaceans for Ecuador between 2017 and 2018 were United Kingdom ($164k), France ($32.7k), and Colombia ($15.5k).

Tariffs: In 2018, the average tariff for Ecuador in Crustaceans was 26.5%. The countries with the highest import tariffs for Crustaceans were Guatemala (29%), Angola (28.2%), Burundi (28.2%), Benin (28.2%), and Burkina Faso (28.2%).

Value

EXPORTS (2018): $3.24B

IMPORTS (2018): $831k

NET TRADE (2018): $3.24B

In 2018, Ecuador exported $3.24B in Crustaceans. The main destinations of Ecuador exports on Crustaceans were Vietnam ($1.2B), China ($597M), United States ($515M), Spain ($216M), and Italy ($182M).

In 2018, Ecuador imported $831k in Crustaceans, mainly from United States ($341k), United Kingdom ($164k), Canada ($152k), Spain ($122k), and France ($32.7k).

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IN 2018, Ecuador HAD A POSITIVE NET TRADE IN Crustaceans WITH:

  • Vietnam, $1.2B ($1.2B - $0)
  • China, $597M ($597M - $0)
  • United States, $514M ($515M - $341k)
Flow

THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Ecuador WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Ecuador WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Ecuador's main exporting competitors in Crustaceans were:

In 2018, Ecuador's main importing competitors in Crustaceans were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crustaceans in Ecuador. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Ecuador in Crustaceans was 26.5%.

The countries with the highest tariffs for Crustaceans in Ecuador were Guatemala (29%), Angola (28.2%), Burundi (28.2%), Benin (28.2%), and Burkina Faso (28.2%).

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