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2023
Flag → Flag
Exports $199MRnk 95 / 224
2023
Flag → Flag
Top Product $17.7MAnimal Food
2023
Flag → Flag
Exports $771MRnk 10 / 174
2023
Flag → Flag
Top Product $253MBananas
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Netherlands-Ecuador Trade: In 2023, Netherlands exported $199M to Ecuador. The main products that Netherlands exported to Ecuador were Animal Food ($17.7M), Bulbs and Roots ($12.7M), and Other Edible Preparations ($10.4M). Over the past 5 years the exports of Netherlands to Ecuador have decreased at an annualized rate of 15.6%, from $465M in 2018 to $199M in 2023.

In 2023, Netherlands did not export any services to Ecuador.

Ecuador-Netherlands Trade: In 2023, Ecuador exported $771M to Netherlands. The main products that Ecuador exported to Netherlands were Bananas ($253M), Cut Flowers ($143M), and Cocoa Beans ($131M). Over the past 5 years the exports of Ecuador to Netherlands have increased at an annualized rate of 11%,  from $412M in 2018 to $771M in 2023.

In 2023, Ecuador did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €12M and imported €120M from Ecuador, resulting in a negative trade balance of €108M. Between October 2023 and October 2024 the exports of Netherlands have increased by €2M (20%) from €10M to €12M, while imports increased by €85M (243%) from €35M to €120M.

Trade In October 2024, the top exports of Netherlands to Ecuador were Vegetables, roots and tubers, prepared or... (€1M), Feeding stuff for animals (not including... (€1M), Crude vegetable materials, n.e.s. (€1M), Medicinal and pharmaceutical products, other than... (€1M), and Fertilizers (other than those of group... (€1M). In October 2024 the top imports of Netherlands from Ecuador were Fruit and nuts (not including oil... (€18M), Crude vegetable materials, n.e.s. (€13M), Cocoa (€6M), Fish, crustaceans, molluscs and other aquatic... (€4M), and Fruit juices (including grape must) and... (€3M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€2M(20%)
IMPORT GROWTH (October 2023 - October 2024)€85M(243%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Ecuador and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ecuador and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $199M to Ecuador. The main products exported from Netherlands to Ecuador were Animal Food ($17.7M), Bulbs and Roots ($12.7M), and Other Edible Preparations ($10.4M). During the last 5 years the exports of Netherlands to Ecuador have decreased at an annualized rate of 15.6%, from $465M in 2018 to $199M in 2023.

In 2018, Ecuador exported $771M to Netherlands. The main products exported from Ecuador to Netherlands were Bananas ($253M), Cut Flowers ($143M), and Cocoa Beans ($131M). During the last 5 years the exports of Ecuador to Netherlands have increased at an annualized rate of 11%, from $412M in 2023 to $771M in 2018.

Exports from Netherlands (Flag) to Ecuador (Flag) (2023)

Exports from Ecuador (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Ecuador
Top DestinationUnited States$8.34B

This map shows whether countries import more from Netherlands or Ecuador. Each country is colored based on the difference in imports they receive from Netherlands and Ecuador or the difference in the growth in imports.

In 2023, countries that imported more from Netherlands than Ecuador included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Ecuador than Netherlands included Panama ($4.38B), Peru ($1.15B), and Chile ($1.11B).

Difference in imports from Ecuador (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Ecuador

Flow
Scale

This chart compares trade between Netherlands and Ecuador by product, considering products traded by both, Netherlands and Ecuador.

During 2023, Netherlands had a large net trade with Ecuador in the exports of Chemical Products ($52.3M), Foodstuffs ($40.9M), and Machines ($31.9M).

During 2018, Ecuador had a large net trade with Netherlands in the exports of Vegetable Products ($420M), Foodstuffs ($269M), and Animal Products ($59.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Ecuador+$61.7MRefined Petroleum
Top Product Potential Ecuador Netherlands+$17.5MCrustaceans

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and Ecuador. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Ecuador (Flag) (2023)

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