Wheat in Ecuador

EXPORTS (2016): $2.07k, World Rnk 107 / 110
Flag Rnk 858 / 900

TOP DESTINATION (2016): $2.07k, Netherlands

FASTEST GROWING MARKET (2015 - 2016): $2.07k, Netherlands

IMPORTS (2018): $257M, World Rnk 45 / 180
Flag Rnk 11 / 1149

TOP ORIGIN (2018): $150M, Canada

FASTEST GROWING ORIGIN (2017 - 2018): $18.3M, Canada

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

PRODUCT COMPLEXITY  IN Wheat (2018): -0.27, Rnk 631 / 1018

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

Exports: In 2016, Ecuador exported $2.07k in Wheat, making it the 107th largest exporter of Wheat in the world. At the same year, Wheat was the 858th most exported product in Ecuador. The main destination of Wheat exports from Ecuador are: Netherlands ($2.07k).

The fastest growing export markets for Wheat of Ecuador between 2015 and 2016 were Netherlands ($2.07k).

Imports: In 2018, Ecuador imported $257M in Wheat, becoming the 45th largest importer of Wheat in the world. At the same year, Wheat was the 11th most imported product in Ecuador. Ecuador imports Wheat primarily from: Canada ($150M), United States ($53.7M), Argentina ($35.8M), Russia ($17.6M), and Peru ($6.21k).

The fastest growing import markets in Wheat for Ecuador between 2017 and 2018 were Canada ($18.3M) and Russia ($6.78M).

Tariffs: In 2018, the average tariff for Ecuador in Wheat was 5.92%. The countries with the highest import tariffs for Wheat were Mexico (9.2%), Cuba (8.8%), Panama (8.8%), Chile (8.8%), and Cyprus (6.6%).

Value

EXPORTS (2016): $2.07k

IMPORTS (2018): $257M

NET TRADE (2018): -$257M

In 2016, Ecuador exported $2.07k in Wheat. The main destinations of Ecuador exports on Wheat were Netherlands ($2.07k).

In 2018, Ecuador imported $257M in Wheat, mainly from Canada ($150M), United States ($53.7M), Argentina ($35.8M), Russia ($17.6M), and Peru ($6.21k).

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IN 2016, Ecuador HAD A POSITIVE NET TRADE IN Wheat WITH:: Netherlands, $2.07k ($2.07k - $0)

IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Wheat WITH:

  • Canada, -$150M ($0 - $150M)
  • United States, -$53.7M ($0 - $53.7M)
  • Argentina, -$35.8M ($0 - $35.8M)
Flow

THE FASTEST GROWING Wheat EXPORT MARKETS FOR Ecuador WERE (2015 - 2016):: Netherlands, $2.07k (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Ecuador WERE (2015 - 2016):: United States, -$3.95k (-100%)

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Market Concentration

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Flow
Type

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

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Wheat 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 Wheat was 5.92%.

The countries with the highest tariffs for Wheat in Ecuador were Mexico (9.2%), Cuba (8.8%), Panama (8.8%), Chile (8.8%), and Cyprus (6.6%).

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