Soybean Meal in Ecuador

EXPORTS (2017): $4.41k, World Rnk 107 / 113
Flag Rnk 802 / 887

TOP DESTINATION (2017): $4.41k, Netherlands

IMPORTS (2018): $359M, World Rnk 25 / 166
Flag Rnk 8 / 1149

TOP ORIGIN (2018): $132M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $74.2M, United States

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

PRODUCT COMPLEXITY  IN Soybean Meal (2018): -0.91, Rnk 798 / 1018

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

Exports: In 2017, Ecuador exported $4.41k in Soybean Meal, making it the 107th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 802nd most exported product in Ecuador. The main destination of Soybean Meal exports from Ecuador are: Netherlands ($4.41k).

Imports: In 2018, Ecuador imported $359M in Soybean Meal, becoming the 25th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 8th most imported product in Ecuador. Ecuador imports Soybean Meal primarily from: United States ($132M), Argentina ($119M), Bolivia ($63.4M), Paraguay ($40.4M), and China ($3.5M).

The fastest growing import markets in Soybean Meal for Ecuador between 2017 and 2018 were United States ($74.2M), Argentina ($25.4M), and Bolivia ($5.46M).

Tariffs: In 2018, the average tariff for Ecuador in Soybean Meal was 14.3%. The countries with the highest import tariffs for Soybean Meal were Angola (15%), Burundi (15%), Benin (15%), Burkina Faso (15%), and Botswana (15%).

Value

EXPORTS (2017): $4.41k

IMPORTS (2018): $359M

NET TRADE (2018): -$359M

In 2017, Ecuador exported $4.41k in Soybean Meal. The main destinations of Ecuador exports on Soybean Meal were Netherlands ($4.41k).

In 2018, Ecuador imported $359M in Soybean Meal, mainly from United States ($132M), Argentina ($119M), Bolivia ($63.4M), Paraguay ($40.4M), and China ($3.5M).

Explore Visualizations

IN 2017, Ecuador HAD A POSITIVE NET TRADE IN Soybean Meal WITH:: Netherlands, $4.41k ($4.41k - $0)

IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Soybean Meal WITH:

  • United States, -$132M ($0 - $132M)
  • Argentina, -$119M ($0 - $119M)
  • Bolivia, -$63.4M ($0 - $63.4M)
Flow

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Ecuador WERE (2016 - 2017):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

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

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

Explore Visualizations

Trade Forecasts

#permalink to section

Time

This section shows forecasts for total exports and imports, for Soybean Meal 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 Soybean Meal was 14.3%.

The countries with the highest tariffs for Soybean Meal in Ecuador were Angola (15%), Burundi (15%), Benin (15%), Burkina Faso (15%), and Botswana (15%).

Explore Tariff Data