Rubber in Ecuador

EXPORTS (2018): $613k, World Rnk 67 / 108
Flag Rnk 283 / 857

TOP DESTINATION (2018): $554k, Peru

FASTEST GROWING MARKET (2017 - 2018): $30.6k, Vietnam

IMPORTS (2018): $6.78M, World Rnk 57 / 169
Flag Rnk 393 / 1149

TOP ORIGIN (2018): $4.01M, Indonesia

FASTEST GROWING ORIGIN (2017 - 2018): $568k, Guatemala

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

PRODUCT COMPLEXITY  IN Rubber (2018): -2.39, Rnk 1012 / 1018

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

Exports: In 2018, Ecuador exported $613k in Rubber, making it the 67th largest exporter of Rubber in the world. At the same year, Rubber was the 283rd most exported product in Ecuador. The main destination of Rubber exports from Ecuador are: Peru ($554k), Vietnam ($30.6k), and Chile ($28.3k).

The fastest growing export markets for Rubber of Ecuador between 2017 and 2018 were Vietnam ($30.6k) and Chile ($28.3k).

Imports: In 2018, Ecuador imported $6.78M in Rubber, becoming the 57th largest importer of Rubber in the world. At the same year, Rubber was the 393rd most imported product in Ecuador. Ecuador imports Rubber primarily from: Indonesia ($4.01M), Guatemala ($862k), Thailand ($567k), Malaysia ($508k), and Colombia ($480k).

The fastest growing import markets in Rubber for Ecuador between 2017 and 2018 were Guatemala ($568k), Malaysia ($508k), and Colombia ($428k).

Tariffs: In 2018, the average tariff for Ecuador in Rubber was 3.35%. The countries with the highest import tariffs for Rubber were Mexico (5.75%), Cuba (5.5%), Panama (5.5%), Angola (3.57%), and Burundi (3.57%).

Value

EXPORTS (2018): $613k

IMPORTS (2018): $6.78M

NET TRADE (2018): -$6.17M

In 2018, Ecuador exported $613k in Rubber. The main destinations of Ecuador exports on Rubber were Peru ($554k), Vietnam ($30.6k), and Chile ($28.3k).

In 2018, Ecuador imported $6.78M in Rubber, mainly from Indonesia ($4.01M), Guatemala ($862k), Thailand ($567k), Malaysia ($508k), and Colombia ($480k).

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IN 2018, Ecuador HAD A POSITIVE NET TRADE IN Rubber WITH:

  • Peru, $554k ($554k - $0)
  • Chile, $28.3k ($28.3k - $0)

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

  • Indonesia, -$4.01M ($0 - $4.01M)
  • Guatemala, -$862k ($0 - $862k)
  • Thailand, -$567k ($0 - $567k)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Ecuador WERE (2017 - 2018):: Peru, -$441k (-44.3%)

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Market Concentration

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Flow
Type

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

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Rubber 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 Rubber was 3.35%.

The countries with the highest tariffs for Rubber in Ecuador were Mexico (5.75%), Cuba (5.5%), Panama (5.5%), Angola (3.57%), and Burundi (3.57%).

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