Bananas in Ecuador

EXPORTS (2018): $3.37B, World Rnk 1 / 136
Flag Rnk 2 / 857

TOP DESTINATION (2018): $652M, Russia

FASTEST GROWING MARKET (2017 - 2018): $59.8M, Turkey

IMPORTS (2018): $108k, World Rnk 131 / 167
Flag Rnk 995 / 1149

TOP ORIGIN (2018): $108k, United States

FASTEST GROWING ORIGIN (2017 - 2018): $22.5k, United States

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

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

Exports: In 2018, Ecuador exported $3.37B in Bananas, making it the 1st largest exporter of Bananas in the world. At the same year, Bananas was the 2nd most exported product in Ecuador. The main destination of Bananas exports from Ecuador are: Russia ($652M), United States ($444M), Italy ($253M), Germany ($237M), and Turkey ($154M).

The fastest growing export markets for Bananas of Ecuador between 2017 and 2018 were Turkey ($59.8M), China ($58.8M), and Italy ($36.6M).

Imports: In 2018, Ecuador imported $108k in Bananas, becoming the 131st largest importer of Bananas in the world. At the same year, Bananas was the 995th most imported product in Ecuador. Ecuador imports Bananas primarily from: United States ($108k).

The fastest growing import markets in Bananas for Ecuador between 2017 and 2018 were United States ($22.5k).

Tariffs: In 2018, the average tariff for Ecuador in Bananas was 21.4%. The countries with the highest import tariffs for Bananas were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).

Value

EXPORTS (2018): $3.37B

IMPORTS (2018): $108k

NET TRADE (2018): $3.37B

In 2018, Ecuador exported $3.37B in Bananas. The main destinations of Ecuador exports on Bananas were Russia ($652M), United States ($444M), Italy ($253M), Germany ($237M), and Turkey ($154M).

In 2018, Ecuador imported $108k in Bananas, mainly from United States ($108k).

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

  • Russia, $652M ($652M - $0)
  • United States, $443M ($444M - $108k)
  • Italy, $253M ($253M - $0)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas 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 Bananas were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Bananas 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 Bananas was 21.4%.

The countries with the highest tariffs for Bananas in Ecuador were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).

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