Animal Food in Ecuador

EXPORTS (2018): $67.6M, World Rnk 43 / 174
Flag Rnk 25 / 857

TOP DESTINATION (2018): $35M, Peru

FASTEST GROWING MARKET (2017 - 2018): $4.06M, Peru

IMPORTS (2018): $290M, World Rnk 33 / 215
Flag Rnk 10 / 1149

TOP ORIGIN (2018): $194M, Peru

FASTEST GROWING ORIGIN (2017 - 2018): $2.24M, Colombia

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

PRODUCT COMPLEXITY  IN Animal Food (2018): -0.3, Rnk 636 / 1018

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

Exports: In 2018, Ecuador exported $67.6M in Animal Food, making it the 43rd largest exporter of Animal Food in the world. At the same year, Animal Food was the 25th most exported product in Ecuador. The main destination of Animal Food exports from Ecuador are: Peru ($35M), Colombia ($10.3M), United States ($7.71M), Panama ($5.65M), and Honduras ($3.93M).

The fastest growing export markets for Animal Food of Ecuador between 2017 and 2018 were Peru ($4.06M), United States ($3.43M), and Honduras ($2.52M).

Imports: In 2018, Ecuador imported $290M in Animal Food, becoming the 33rd largest importer of Animal Food in the world. At the same year, Animal Food was the 10th most imported product in Ecuador. Ecuador imports Animal Food primarily from: Peru ($194M), United States ($32.3M), Colombia ($15.1M), Guatemala ($7.88M), and Spain ($6.35M).

The fastest growing import markets in Animal Food for Ecuador between 2017 and 2018 were Colombia ($2.24M), Guatemala ($1.95M), and China ($1.74M).

Tariffs: In 2018, the average tariff for Ecuador in Animal Food was 18.3%. The countries with the highest import tariffs for Animal Food were Chile (30.8%), Paraguay (26.6%), Cyprus (22.5%), Austria (22.5%), and Belgium (22.5%).

Value

EXPORTS (2018): $67.6M

IMPORTS (2018): $290M

NET TRADE (2018): -$223M

In 2018, Ecuador exported $67.6M in Animal Food. The main destinations of Ecuador exports on Animal Food were Peru ($35M), Colombia ($10.3M), United States ($7.71M), Panama ($5.65M), and Honduras ($3.93M).

In 2018, Ecuador imported $290M in Animal Food, mainly from Peru ($194M), United States ($32.3M), Colombia ($15.1M), Guatemala ($7.88M), and Spain ($6.35M).

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IN 2018, Ecuador HAD A POSITIVE NET TRADE IN Animal Food WITH:

  • Panama, $5.65M ($5.65M - $0)
  • Honduras, $3.93M ($3.93M - $0)
  • Dominican Republic, $565k ($606k - $41.4k)

IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Animal Food WITH:

  • Peru, -$159M ($35M - $194M)
  • United States, -$24.6M ($7.71M - $32.3M)
  • Guatemala, -$7.63M ($256k - $7.88M)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Food 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 Animal Food were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Animal Food 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 Animal Food was 18.3%.

The countries with the highest tariffs for Animal Food in Ecuador were Chile (30.8%), Paraguay (26.6%), Cyprus (22.5%), Austria (22.5%), and Belgium (22.5%).

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