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2023
Exports $24World Rnk 113 / 117
Flag Rnk 982 / 1002
2023
Destination $24 United Kingdom
2022 - 2023
FASTEST GROWING MARKET $24United Kingdom
2023
PRODUCT COMPLEXITY IN Rapeseed Oil0.16Rnk 502 / 1025
2023
Imports $1.72MWorld Rnk 78 / 209
Flag Rnk 672 / 1173
2023
Origin $1.25M Uruguay
2022 - 2023
FASTEST GROWING ORIGIN $1.25MUruguay
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $24 in Rapeseed Oil, making it the 113th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 982nd most exported product in Ecuador. The main destination of Rapeseed Oil exports from Ecuador are: United Kingdom ($24).

The fastest growing export markets for Rapeseed Oil of Ecuador between 2022 and 2023 were United Kingdom ($24).

Imports In 2023, Ecuador imported $1.72M in Rapeseed Oil, becoming the 78th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 672nd most imported product in Ecuador. Ecuador imports Rapeseed Oil primarily from: Uruguay ($1.25M), Paraguay ($283k), United States ($146k), Canada ($33k), and Germany ($10.5k).

The fastest growing import markets in Rapeseed Oil for Ecuador between 2022 and 2023 were Uruguay ($1.25M) and Germany ($5.38k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rapeseed Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$24
IMPORTS (2023)$1.72M
NET TRADE (2023)-$1.72M

In 2023, Ecuador exported $24 in Rapeseed Oil. The main destinations of Ecuador exports on Rapeseed Oil were United Kingdom ($24).

In 2023, Ecuador imported $1.72M in Rapeseed Oil, mainly from Uruguay ($1.25M), Paraguay ($283k), United States ($146k), Canada ($33k), and Germany ($10.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):United Kingdom$24 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Ecuador WERE (2022 - 2023):
Germany-$25 (-100%)
Canada-$10 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ecuador's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, Ecuador's main importing competitors in Rapeseed Oil were:
United States $4.91B
China $2.6B
Netherlands $1.13B

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $724
TOP IMPORT POTENTIALCanada+ $471k

Rapeseed Oil’s highest export potential is United States. With an export gap of $724.   Rapeseed Oil’s highest import potential is Canada with an import gap of $471k.

See methodology.

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