Cocoa Beans in Ecuador

EXPORTS (2018): $674M, World Rnk 3 / 112
Flag Rnk 7 / 857

TOP DESTINATION (2018): $127M, Indonesia

FASTEST GROWING MARKET (2017 - 2018): $43.4M, Indonesia

IMPORTS (2018): $702k, World Rnk 52 / 115
Flag Rnk 783 / 1149

TOP ORIGIN (2018): $470k, United States

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

PRODUCT COMPLEXITY  IN Cocoa Beans (2018): -2.56, Rnk 1015 / 1018

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

Exports: In 2018, Ecuador exported $674M in Cocoa Beans, making it the 3rd largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 7th most exported product in Ecuador. The main destination of Cocoa Beans exports from Ecuador are: Indonesia ($127M), United States ($121M), Malaysia ($109M), Netherlands ($81M), and Mexico ($54.7M).

The fastest growing export markets for Cocoa Beans of Ecuador between 2017 and 2018 were Indonesia ($43.4M), China ($24.7M), and Malaysia ($24.1M).

Imports: In 2018, Ecuador imported $702k in Cocoa Beans, becoming the 52nd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 783rd most imported product in Ecuador. Ecuador imports Cocoa Beans primarily from: United States ($470k) and Peru ($231k).

Tariffs: In 2018, the average tariff for Ecuador in Cocoa Beans was 16.5%. The countries with the highest import tariffs for Cocoa Beans were Cuba (25%), Angola (18.8%), Burundi (18.8%), Benin (18.8%), and Burkina Faso (18.8%).

Value

EXPORTS (2018): $674M

IMPORTS (2018): $702k

NET TRADE (2018): $674M

In 2018, Ecuador exported $674M in Cocoa Beans. The main destinations of Ecuador exports on Cocoa Beans were Indonesia ($127M), United States ($121M), Malaysia ($109M), Netherlands ($81M), and Mexico ($54.7M).

In 2018, Ecuador imported $702k in Cocoa Beans, mainly from United States ($470k) and Peru ($231k).

Explore Visualizations

IN 2018, Ecuador HAD A POSITIVE NET TRADE IN Cocoa Beans WITH:

  • Indonesia, $127M ($127M - $0)
  • United States, $120M ($121M - $470k)
  • Malaysia, $109M ($109M - $0)

IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Cocoa Beans WITH:: Peru, -$124k ($108k - $231k)

Flow

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

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

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

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

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

Explore Visualizations

Trade Forecasts

#permalink to section

Time

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

Explore Forecasts

Tariffs by Country

#permalink to section

In 2018, the average tariff for Ecuador in Cocoa Beans was 16.5%.

The countries with the highest tariffs for Cocoa Beans in Ecuador were Cuba (25%), Angola (18.8%), Burundi (18.8%), Benin (18.8%), and Burkina Faso (18.8%).

Explore Tariff Data