Petroleum Gas in Ecuador

EXPORTS (2017): $1.03k, World Rnk 140 / 140
Flag Rnk 882 / 887

TOP DESTINATION (2017): $1.03k, Netherlands

IMPORTS (2018): $514M, World Rnk 48 / 207
Flag Rnk 5 / 1149

TOP ORIGIN (2018): $449M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $393M, United States

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

PRODUCT COMPLEXITY  IN Petroleum Gas (2018): -2.37, Rnk 1010 / 1018

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

Exports: In 2017, Ecuador exported $1.03k in Petroleum Gas, making it the 140th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 882nd most exported product in Ecuador. The main destination of Petroleum Gas exports from Ecuador are: Netherlands ($1.03k).

Imports: In 2018, Ecuador imported $514M in Petroleum Gas, becoming the 48th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 5th most imported product in Ecuador. Ecuador imports Petroleum Gas primarily from: United States ($449M), Panama ($36.7M), Argentina ($28M), China ($141k), and Italy ($18.6k).

The fastest growing import markets in Petroleum Gas for Ecuador between 2017 and 2018 were United States ($393M), China ($107k), and Italy ($18.6k).

Tariffs: In 2018, the average tariff for Ecuador in Petroleum Gas was 1.11%. The countries with the highest import tariffs for Petroleum Gas were Mexico (4.6%), Cuba (4.4%), Panama (4.4%), Angola (1.25%), and Burundi (1.25%).

Value

EXPORTS (2017): $1.03k

IMPORTS (2018): $514M

NET TRADE (2018): -$514M

In 2017, Ecuador exported $1.03k in Petroleum Gas. The main destinations of Ecuador exports on Petroleum Gas were Netherlands ($1.03k).

In 2018, Ecuador imported $514M in Petroleum Gas, mainly from United States ($449M), Panama ($36.7M), Argentina ($28M), China ($141k), and Italy ($18.6k).

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IN 2017, Ecuador HAD A POSITIVE NET TRADE IN Petroleum Gas WITH:: Netherlands, $1.03k ($1.03k - $0)

IN 2018, Ecuador HAD A NEGATIVE NET TRADE IN Petroleum Gas WITH:

  • United States, -$449M ($0 - $449M)
  • Panama, -$36.7M ($0 - $36.7M)
  • Argentina, -$28M ($0 - $28M)
Flow

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

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Market Concentration

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Flow
Type

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

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Petroleum Gas 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 Petroleum Gas was 1.11%.

The countries with the highest tariffs for Petroleum Gas in Ecuador were Mexico (4.6%), Cuba (4.4%), Panama (4.4%), Angola (1.25%), and Burundi (1.25%).

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