2023
Exports
$2.97MWorld Rnk 86 / 177
Flag Rnk 150 / 1002
2023
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.38Rnk 1016 / 1025
2023
Imports
$5.52MWorld Rnk 85 / 213
Flag Rnk 464 / 1173
2023
ECONOMIC COMPLEXITY of Ecuador
-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $2.97M in Other Oily Seeds, making it the 86th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 150th most exported product in Ecuador. The main destination of Other Oily Seeds exports from Ecuador are: Colombia ($2.73M), United States ($108k), Norway ($47.8k), Israel ($39k), and Peru ($34.7k).

The fastest growing export markets for Other Oily Seeds of Ecuador between 2022 and 2023 were Colombia ($1.29M), United States ($87.7k), and Norway ($47.8k).

Imports In 2023, Ecuador imported $5.52M in Other Oily Seeds, becoming the 85th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 464th most imported product in Ecuador. Ecuador imports Other Oily Seeds primarily from: Canada ($2.31M), Costa Rica ($1.68M), India ($552k), United States ($274k), and Bolivia ($217k).

The fastest growing import markets in Other Oily Seeds for Ecuador between 2022 and 2023 were Canada ($633k), Costa Rica ($600k), and Bolivia ($216k).

COMPANIES In 2021, leading companies such as Goya Foods (2) were at the forefront of shipping Other Oily Seeds from Ecuador to the United States.

Latest Trends

November 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2020 - November 2021)$114k(2.27k%)
IMPORT GROWTH (December 2020 - December 2021)$42.4k(12.8%)
MAIN DESTINATION (November 2021)

This section shows Other Oily Seeds's exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Other Oily Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.97M
IMPORTS (2023)$5.52M
NET TRADE (2023)-$2.56M

In 2023, Ecuador exported $2.97M in Other Oily Seeds. The main destinations of Ecuador exports on Other Oily Seeds were Colombia ($2.73M), United States ($108k), Norway ($47.8k), Israel ($39k), and Peru ($34.7k).

In 2023, Ecuador imported $5.52M in Other Oily Seeds, mainly from Canada ($2.31M), Costa Rica ($1.68M), India ($552k), United States ($274k), and Bolivia ($217k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
Colombia$1.29M (89.8%)
United States$87.7k (433%)
Norway$47.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Ecuador WERE (2022 - 2023):
Peru-$38.7k (-52.7%)
Turkey-$28.8k (-100%)
Egypt-$16.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Other Oily Seeds were:
Sudan $709M
India $576M
China $411M
In 2023, Ecuador's main importing competitors in Other Oily Seeds were:

Explore Visualizations

Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $81.6k
TOP IMPORT POTENTIALIndia+ $256k

Other Oily Seeds’s highest export potential is United States. With an export gap of $81.6k.   Other Oily Seeds’s highest import potential is India with an import gap of $256k.

See methodology.

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