2022
Exports | Imports
$85 | $680MWorld Rnk 119 / 124
Flag Rnk 973 / 1017
World Rnk 16 / 174
Flag Rnk 5 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 102 / 124
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.22Rnk 888 / 1025

About

Exports In 2022, Ecuador exported $85 in Soybean Meal, making it the 119th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 973rd most exported product in Ecuador. The main destination of Soybean Meal exports from Ecuador are: Netherlands ($60) and Thailand ($25).

The fastest growing export markets for Soybean Meal of Ecuador between 2021 and 2022 were Thailand ($25).

Imports In 2022, Ecuador imported $680M in Soybean Meal, becoming the 16th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 5th most imported product in Ecuador. Ecuador imports Soybean Meal primarily from: United States ($364M), Argentina ($305M), India ($5.15M), Bolivia ($4.06M), and China ($2.41M).

The fastest growing import markets in Soybean Meal for Ecuador between 2021 and 2022 were Argentina ($236M), United States ($72.4M), and India ($2.31M).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Soybean Meal from Ecuador to the United States.

Latest Trends

Jan 2024

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 Soybean Meal. 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 (2022)$85
IMPORTS (2022)$680M
NET TRADE (2022)-$680M

In 2022, Ecuador exported $85 in Soybean Meal. The main destinations of Ecuador exports on Soybean Meal were Netherlands ($60) and Thailand ($25).

In 2022, Ecuador imported $680M in Soybean Meal, mainly from United States ($364M), Argentina ($305M), India ($5.15M), Bolivia ($4.06M), and China ($2.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):Thailand$25 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Ecuador WERE (2021 - 2022):Netherlands-$76 (-55.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Soybean Meal were:
In 2022, Ecuador's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

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