HS Icon Crustaceans in  Flag Ecuador

2019
Exports | Imports
: $3.89B | $2.24M, World Rnk 2 / 172
Flag Rnk 2 / 942 | World Rnk 94 / 214
Flag Rnk 590 / 1165

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.49B | $992k, China |  France

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

2019
PRODUCT COMPLEXITY  IN Crustaceans
: -2.03, Rnk 1008 / 1029

Exports In 2019, Ecuador exported $3.89B in Crustaceans, making it the 2nd largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 2nd most exported product in Ecuador. The main destination of Crustaceans exports from Ecuador are: China ($2.08B), United States ($525M), Vietnam ($321M), Spain ($221M), and France ($191M).

The fastest growing export markets for Crustaceans of Ecuador between 2018 and 2019 were China ($1.49B), Russia ($26.5M), and United States ($10.5M).

Imports In 2019, Ecuador imported $2.24M in Crustaceans, becoming the 94th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 590th most imported product in Ecuador. Ecuador imports Crustaceans primarily from: France ($1.02M), Spain ($279k), United States ($253k), Belgium ($228k), and Colombia ($184k).

The fastest growing import markets in Crustaceans for Ecuador between 2018 and 2019 were France ($992k), Belgium ($228k), and Colombia ($168k).

Tariffs In 2018, the average tariff for Ecuador in Crustaceans was 26.5%. The countries with the highest import tariffs for Crustaceans were Guatemala (Most Favoured Nation duty rate treatement, 29%), Angola (Most Favoured Nation duty rate treatement, 28.2%), Burundi (Most Favoured Nation duty rate treatement, 28.2%), Benin (Most Favoured Nation duty rate treatement, 28.2%), and Burkina Faso (Most Favoured Nation duty rate treatement, 28.2%).

Historical Data

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EXPORTS (2019): $3.89B

IMPORTS (2019): $2.24M

NET TRADE (2019): $3.89B

In 2019, Ecuador exported $3.89B in Crustaceans. The main destinations of Ecuador exports on Crustaceans were China ($2.08B), United States ($525M), Vietnam ($321M), Spain ($221M), and France ($191M).

In 2019, Ecuador imported $2.24M in Crustaceans, mainly from France ($1.02M), Spain ($279k), United States ($253k), Belgium ($228k), and Colombia ($184k).

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IN 2019, Ecuador HAD A POSITIVE NET TRADE IN Crustaceans WITH:

Flow

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

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

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Market Concentration

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

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

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Tariffs by Country

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In 2018, the average tariff for Ecuador in Crustaceans was 26.5%.

The countries with the highest tariffs for Crustaceans in Ecuador were Guatemala (Most Favoured Nation duty rate treatement, 29%), Angola (Most Favoured Nation duty rate treatement, 28.2%), Burundi (Most Favoured Nation duty rate treatement, 28.2%), Benin (Most Favoured Nation duty rate treatement, 28.2%), and Burkina Faso (Most Favoured Nation duty rate treatement, 28.2%).