HS Icon Soybean Meal in  Flag Ecuador

2019
Exports | Imports
: $15 | $401M, World Rnk 104 / 107
Flag Rnk 933 / 942 | World Rnk 23 / 173
Flag Rnk 5 / 1165

2017 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $15 | $47M, Netherlands |  United States

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

2019
PRODUCT COMPLEXITY  IN Soybean Meal
: -1.12, Rnk 865 / 1029

Exports In 2019, Ecuador exported $15 in Soybean Meal, making it the 104th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 933rd most exported product in Ecuador. The main destination of Soybean Meal exports from Ecuador are: Netherlands ($15).

The fastest growing export markets for Soybean Meal of Ecuador between 2017 and 2019 were Netherlands ($15).

Imports In 2019, Ecuador imported $401M in Soybean Meal, becoming the 23rd 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 ($179M), Bolivia ($107M), Argentina ($70.6M), Paraguay ($37.7M), and China ($5.21M).

The fastest growing import markets in Soybean Meal for Ecuador between 2018 and 2019 were United States ($47M), Bolivia ($43.3M), and China ($1.72M).

Tariffs In 2018, the average tariff for Ecuador in Soybean Meal was 14.3%. The countries with the highest import tariffs for Soybean Meal were Angola (Most Favoured Nation duty rate treatement, 15%), Burundi (Most Favoured Nation duty rate treatement, 15%), Benin (Most Favoured Nation duty rate treatement, 15%), Burkina Faso (Most Favoured Nation duty rate treatement, 15%), and Botswana (Most Favoured Nation duty rate treatement, 15%).

Historical Data

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EXPORTS (2019): $15

IMPORTS (2019): $401M

NET TRADE (2019): -$401M

In 2019, Ecuador exported $15 in Soybean Meal. The main destinations of Ecuador exports on Soybean Meal were Netherlands ($15).

In 2019, Ecuador imported $401M in Soybean Meal, mainly from United States ($179M), Bolivia ($107M), Argentina ($70.6M), Paraguay ($37.7M), and China ($5.21M).

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Flow

THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Ecuador WERE (2017 - 2019):: Netherlands, $15 (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Ecuador WERE (2017 - 2019):: Qatar, -$32.9k (-100%)

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Market Concentration

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Type

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

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

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Tariffs by Country

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In 2018, the average tariff for Ecuador in Soybean Meal was 14.3%.

The countries with the highest tariffs for Soybean Meal in Ecuador were Angola (Most Favoured Nation duty rate treatement, 15%), Burundi (Most Favoured Nation duty rate treatement, 15%), Benin (Most Favoured Nation duty rate treatement, 15%), Burkina Faso (Most Favoured Nation duty rate treatement, 15%), and Botswana (Most Favoured Nation duty rate treatement, 15%).