HS Icon Cocoa Beans in  Flag Ecuador

2019
Exports | Imports
: $668M | $288k, World Rnk 4 / 122
Flag Rnk 7 / 942 | World Rnk 61 / 154
Flag Rnk 901 / 1165

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $40.9M | $61.5k, Indonesia |  Germany

2019
ECONOMIC COMPLEXITY of Ecuador
: -0.7, Rnk 109 / 147

2019
PRODUCT COMPLEXITY  IN Cocoa Beans
: -2.52, Rnk 1025 / 1029

Exports In 2019, Ecuador exported $668M in Cocoa Beans, making it the 4th 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 ($168M), United States ($115M), Netherlands ($103M), Malaysia ($72.2M), and Mexico ($59.3M).

The fastest growing export markets for Cocoa Beans of Ecuador between 2018 and 2019 were Indonesia ($40.9M), Netherlands ($21.6M), and Mexico ($4.54M).

Imports In 2019, Ecuador imported $288k in Cocoa Beans, becoming the 61st largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 901st most imported product in Ecuador. Ecuador imports Cocoa Beans primarily from: Peru ($221k), Germany ($61.5k), and United States ($5.65k).

The fastest growing import markets in Cocoa Beans for Ecuador between 2018 and 2019 were Germany ($61.5k).

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 (Most Favoured Nation duty rate treatement, 25%), Angola (Most Favoured Nation duty rate treatement, 18.8%), Burundi (Most Favoured Nation duty rate treatement, 18.8%), Benin (Most Favoured Nation duty rate treatement, 18.8%), and Burkina Faso (Most Favoured Nation duty rate treatement, 18.8%).

Historical Data

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EXPORTS (2019): $668M

IMPORTS (2019): $288k

NET TRADE (2019): $668M

In 2019, Ecuador exported $668M in Cocoa Beans. The main destinations of Ecuador exports on Cocoa Beans were Indonesia ($168M), United States ($115M), Netherlands ($103M), Malaysia ($72.2M), and Mexico ($59.3M).

In 2019, Ecuador imported $288k in Cocoa Beans, mainly from Peru ($221k), Germany ($61.5k), and United States ($5.65k).

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IN 2019, Ecuador HAD A POSITIVE NET TRADE IN Cocoa Beans WITH:

Flow

THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Ecuador WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Ecuador WERE (2018 - 2019):

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Market Concentration

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In 2019, Ecuador's main exporting competitors in Cocoa Beans were:

In 2019, Ecuador's main importing competitors in Cocoa Beans were:

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Tariffs by Country

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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 (Most Favoured Nation duty rate treatement, 25%), Angola (Most Favoured Nation duty rate treatement, 18.8%), Burundi (Most Favoured Nation duty rate treatement, 18.8%), Benin (Most Favoured Nation duty rate treatement, 18.8%), and Burkina Faso (Most Favoured Nation duty rate treatement, 18.8%).